Los mercaderes de México y la transgresión de los límites al comercio pacífico en Nueva España, 1550–1620*

Guillermina del Valle Pavón

Revista de Historia Económica / Journal of Iberian and Latin American Economic History, 2005, vol. 23, issue S1, 213-240

Abstract: The constant state of war which dominated the reign of Philip II and part of Philip III'S exerted a growing fiscal demand both on Castile and the American Colonies. The American treasure which opened the doors to credit to finance these campaigns increased substantially over the 17th century. Never the less, the merchants, which controlled the extraction of precious metals and their shipments to the metropolis, established a highly lucrative trade with the Peru and the Philippines which created a constant drain of silver to the Far East. Based on the complaints filed by the Consulado de Sevilla about the competition of Chinese goods and the loss of American silver, the Monarch imposed heavy restrictions on the triangular trade in the Pacific. These restrictions created conflicts with the American viceroys who were interested in this trade and resulted in the generalization of smuggling.

Date: 2005
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.cambridge.org/core/product/identifier/ ... type/journal_article link to article abstract page (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:cup:reveco:v:23:y:2005:i:s1:p:213-240_01

Access Statistics for this article

More articles in Revista de Historia Económica / Journal of Iberian and Latin American Economic History from Cambridge University Press Cambridge University Press, UPH, Shaftesbury Road, Cambridge CB2 8BS UK.
Bibliographic data for series maintained by Kirk Stebbing ().