The Trading World of Asia and the English East India Company: 1660-1760The main contribution of the work is to offer a comprehensive history of the English East India Company during the century 1660-1760. It also examines the commercial economy of the Asian countries in which the Company traded and its political relations with Asian princes. Finally, it is a study of business and economic decision-making under pre-modern conditions. The book is based on an extensive analysis of the quantitative and qualitative material available in the Company's archives. The data-processing of the quantitative evidence and its subsequent statistical analysis was carried out on a computer, and the book contains comprehensive tables on the volume and value of the Company's trade, prices of commercial goods, and on monetary and financial history. The extensive scope of the book and its consideration not only of the Company but of the economies in which it operated make it essential reading for all concerned with the economic history of the period, both of Europe and Asia. The techniques used in analysing the original data and their theoretical framework make it of methodological interest to economic historians. |
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Contents
The international economy and the East India trade | 1 |
I Import time trends 481 | 8 |
FIGURES | 12 |
A formal theoretical model of the East India | 19 |
The Companys decisionmaking and operational process | 24 |
The East India Companys organisation | 26 |
The structure of early trade and the pattern | 41 |
Longterm trends and fluctuations 16601760 | 79 |
o Export of European commodities | 215 |
The Company and the Indian textile industry | 237 |
The Companys trade in textiles | 277 |
Total textile orders | 284 |
Total textile imports | 286 |
weighted average | 293 |
Pepper | 313 |
Import of bulk goods | 329 |
Total imports | 82 |
polynomial and linear trend | 83 |
polynomial and linear trend | 84 |
Scatter diagram of imports against exports | 85 |
Price of ordinary rice in Bengal 171260 | 102 |
Lead price | 103 |
polynomial and linear trend | 104 |
polynomial and linear trend | 105 |
polynomial and linear trend | 106 |
polynomial and linear trend | 107 |
polynomial and linear trend | 108 |
Politics of trade | 109 |
Markets merchants and the Company | 131 |
The export of treasure and the monetary system | 153 |
The structure of country trade in Asia | 191 |
Raw silk | 343 |
Coffee | 359 |
Imports from China | 385 |
Financial results | 411 |
Conclusion | 453 |
Notes on the statistical tables of the East India | 463 |
imports and exports | 475 |
imports | 480 |
The econometric estimation of the trading model | 484 |
The grouped list and the glossary of Indian | 500 |
The statistical tables of the Companys trade | 507 |
General glossary | 549 |
T W A 1 Lx | 567 |
615 | |
Common terms and phrases
annual areas Asia Asian Bantam Bengal Bombay bullion buyers Calcutta Calcutta Council capital cent China cloth coffee coins commercial commodities Company's imports Company's servants Company's trade contract Coromandel cost price Court of Committees Court of Directors decade demand Despatch Book Dutch East India Company East India trade economic eighteenth century England English East India Europe European trading European trading companies exports Factory Records Fort St George George gold Gujarat Ibid increase Indian merchants Indies indigo industry investment January Kasimbazar London Madras Masulipatam Mokha Mughal Mughal Empire Omichund organisation Original Correspondence pany pepper period Persia political port problem production profits purchase quantities raw silk re-export reason Red Sea revenue rise rupees saltpetre selling settlements seventeenth century ships silver sold supercargoes supply Surat Surat Factory textiles tion trading companies treasure trend volume voyage weavers woollen