haku: @indexterm Baltic countries / yhteensä: 173
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| Tekijä: | Rönnbäck K. |
| Otsikko: | Balancing the Baltic trade: colonial commodities in the trade on the Baltic, 1773-1856 |
| Lehti: | Scandinavian economic history review
2010 : NOV, VOL. 58:3 p. 188-202 |
| Asiasana: | economic history prices balance of payments baltic countries |
| Vapaa asiasana: | price history sugar coffee cotton iron grains baltis mercantilism |
| Kieli: | eng |
| Tiivistelmä: | This article endeavors to study the connection between the Atlantic and the Baltic economies during the transition from early modern to the modern era. Previous research has seriously underestimated the significance of colonial commodities traded on the Baltic during this period. Colonial commodities, particularly from the American plantation complex, became ever more important for the Western European balance of payments on the Baltic. Already by the late eighteenth century, these commodities were on aggregate worth approximately as much as the exports of strategic commodities such as grains or iron from the Baltic at the same time. By the middle of the nineteenth century, the value of colonial commodities imported to the region far surpassed the value of such key exports from the Baltic. The colonial commodities thus constituted an important part of the balance of payments for the trade on the Baltic. |
SCIMA