Book ID: CBB949293002

Trade in the Ancient Mediterranean: Private Order and Public Institutions (2019)

unapi

Terpstra, Taco (Author)


Princeton University Press


Publication Date: 2019
Physical Details: 274
Language: English

From around 700 BCE until the first centuries CE, the Mediterranean enjoyed steady economic growth through trade, reaching a level not to be regained until the early modern era. This process of growth coincided with a process of state formation, culminating in the largest state the ancient Mediterranean would ever know, the Roman Empire. Subsequent economic decline coincided with state disintegration. How are the two processes related? In Trade in the Ancient Mediterranean, Taco Terpstra investigates how the organizational structure of trade benefited from state institutions. Although enforcement typically depended on private actors, traders could utilize a public infrastructure, which included not only courts and legal frameworks but also socially cohesive ideologies. Terpstra details how business practices emerged that were based on private order, yet took advantage of public institutions. Focusing on the activity of both private and public economic actors--from Greek city councilors and Ptolemaic officials to long-distance traders and Roman magistrates and financiers--Terpstra illuminates the complex relationship between economic development and state structures in the ancient Mediterranean.

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Reviewed By

Review Kostas Vlassopoulos (Spring 2020) Review of "Trade in the Ancient Mediterranean: Private Order and Public Institutions". Business History Review (pp. 271-274). unapi

Citation URI
https://data.isiscb.org/isis/citation/CBB949293002/

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Authors & Contributors
David E. Friesem
Gil Gambash
Beatrice Pestarino
Felipe Rojas
Dell'Oro, Giorgio
Grivas, Constantinos
Concepts
Trade
Technology
Commerce
Archaeology
Plants
Economic botany; plant cultivation; horticulture
Time Periods
Ancient
17th century
Early modern
Renaissance
Medieval
18th century
Places
Mediterranean region
Rome (Italy)
Greece
Egypt
Livorno, Italy
Middle and Near East
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