The Genoese in Seville and the Opening of the New World*

Ruth Pike

The Journal of Economic History, 1962, vol. 22, issue 3, 348-378

Abstract: The turning point in the history of the Genoese merchants in Spain was the discovery of America and the subsequent opening of trading relations with the new continent. From then on, their ascent to economic predominance in Spain paralleled that nation's emergence as the dominant power of the sixteenth-century world. Fortune gave Spain two empires simultaneously, one in the Old World, the other in the New. Spain's unpreparedness for imperial responsibilities, particularly in the economic sphere, was the springboard for Genoese advancement. Strengthening and enlarging their colony in Seville —after 1503 the “door and port of the Indies” —the Genoese prepared to move across the Atlantic in the wake of Columbus.

Date: 1962
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