Eastern Institutions and the English Trade
Eastern Institutions and the English Trade
This chapter presents systematic evidence that decentralized, commercially sophisticated ports were preferred by the English Company. The data on Company trading voyages show that they spent more time in and had longer trading partnerships with ports that were already set up to accommodate the commercial interests of both the Company and employees. These data also cast doubt upon theories that English trade patterns in Asia were driven by the presence of other Europeans. The central finding, however, is that Asian merchants and the commercial institutions they had created before the arrival of the British played a vital role in the expansion of England into the East through their support of decentralized market exchange. Thus the institutional context of the organization in the societies with which it came into contact must also be considered in order to understand the full range of options for individual-level actions.
Keywords: English trade patterns, Asian merchants, Asian commercial institutions, decentralized market exchange, individual-level actions, decentralized ports, trading partnerships
Princeton Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.
Please, subscribe or login to access full text content.
If you think you should have access to this title, please contact your librarian.
To troubleshoot, please check our FAQs , and if you can't find the answer there, please contact us.