The Political and Economic Contest and Context: Scotland and England Before the Union
Aida Ramos
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Aida Ramos: University of Dallas
Chapter 2 in Shifting Capital, 2018, pp 23-41 from Palgrave Macmillan
Abstract:
Abstract This chapter discusses the political and economic pressures Scotland faced that led to the creation of the Union. It focuses on issues related to trade and sovereignty. The political and economic disadvantages to Scotland’s trade due to the Union of the Crowns are highlighted. The mercantilist actions and countermoves of each country are examined in the practices of the Company of Scotland in the founding of the Darien project and English attempts to thwart it. Scotland’s reassertion of its sovereignty to regain control of its trade policy in the Act of Security is explained. Increasing tension between England and Scotland over control of overseas trade and the structurally violent Alien Act are explored as immediate causes of the opening of the negotiations of Union.
Keywords: Union; Mercantilism; Act of Security; Alien Act; Darien; Company of Scotland; Trade; Surplus; Balance of trade; Structural violence; Union of the Crowns (search for similar items in EconPapers)
Date: 2018
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Persistent link: https://EconPapers.repec.org/RePEc:pal:pshchp:978-3-319-96403-4_2
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DOI: 10.1007/978-3-319-96403-4_2
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