The End of a Silver Era: The Consequences of the Breakdown of the Spanish Peso Standard in China and the United States, 1780s–1850s
The End of a Silver Era: The Consequences of the Breakdown of the Spanish Peso Standard in China and the United States, 1780s–1850s
复制标题
白银时代的结束:1780 年代至 1850 年代中国和美国西班牙比索本位崩溃的后果
DOI:
10.1353/jwh.0.0053
复制
发表时间:
2009
影响因子:
0.9
通讯作者:
Alejandra Irigoin
中科院分区:
文献类型:
--
作者:
Alejandra Irigoin
The breakdown of the monopoly of coinage in Spanish America by the 1820s meant the cessation of the silver standard that had fueled the expansion of global trade in the early modern period. This article analyzes the resulting economic effects in China and the United States. The analysis connects monetary developments in Spanish America with demand-side explanations within China and the increasingly dominant role of North Americans as intermediaries of the world's silver trade after the 1780s. The article challenges established notions that silver outfl ow from opium imports or silver shortages from falling South American output were the main causes of economic troubles in nineteenth-century China. Through a comparison with the workings of North American institutions in managing domestic monetary effects, the article highlights the puzzling lack of any monopolistic monetary authority in imperial China.
DOI:
--
发表时间:
2010
期刊:
Empires, Systems, and Maritime Networks Working Paper
影响因子:
--
作者:
Von Glahn;Richard
通讯作者:
Richard