The Sea: Challenge and Stimulus in the Middle Ages

Carsten Jahnke

European Review, 2014, vol. 22, issue 1, 64-71

Abstract: The sea presented an important economic opportunity in the Middle Ages. The unpredictable risks of sea transport, the incalculability of time and distances opened a chance to those that were able to bridge the sea constantly and regularly and who were able to reduce the transaction costs most efficiently: the merchants of the late medieval ‘German Hansa’. The article will give a short introduction to the mechanisms and principles of international hanseatic trade in the Middle Ages.

Date: 2014
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