Spanish commercial policy and the Philippines: an integrated perspective

Emmanuel de Dios
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Emmanuel de Dios: School of Economics, University of the Philippines Diliman

No 202507, UP School of Economics Discussion Papers from University of the Philippines School of Economics

Abstract: We present an historical background and narrative of Spanish policies affecting Philippine trade that maps them onto the changing landscape of influential ideas and emerging political and economic exigencies confronting the colonizing power. An integral or global perspective is adopted that complements a purely colonial or insular viewpoint. This provides a fuller and at times novel understanding of the changes observed in Philippine commercial history during the period, the intended purposes of colonial policies, and the reasons for their failure or success.

Keywords: 16.C-19.C Spanish colonial commercial policy; Manila-Acapulco galleon trade; Mexico City merchant lobby; Atlantic flota system; Spanish mercantilism; Bourbon reforms; Royal Philippine Company; Consulate of Manila; late Spanish liberal trade and investment (search for similar items in EconPapers)
JEL-codes: N73 N75 (search for similar items in EconPapers)
Pages: 58 pages
Date: 2025-09
References: View references in EconPapers View complete reference list from CitEc
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Published as UPSE Discussion Paper No. 2025-07, September 2025

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