The Baltic Grain Trade

This book aims to present a general history of the Amsterdam grain trade on the Baltic in the early-modern period, and concentrates particularly on the development and role of transaction costs.

This book offers the first long-term analysis of the protracted struggle between Britain, France, Prussia, Russia, and Sweden for economic power and political influence in the northern part of the Eurasian continent between 1660 and 1860. This book shows how their commercial, diplomatic, and military entanglements determined the course of Baltic trade from the late seventeenth to the mid-nineteenth century, provoking, among other things, the decline of the Dutch Republic and the partitions of Poland-Lithuania. The author conceptualizes the Baltic Sea as one of North Eurasia’s western border basins, alongside the White, Black, and Caspian Seas, and employs novel statistical series of Baltic trade as a proxy for the long-term development of North Eurasian trade in world history. Based on extensive quantitative evidence and sources for the history of international relations, this book outlines how North Eurasian trade became an object of growing tensions between various larger and smaller powers with a stake in North Eurasia’s riches. The book addresses the long-term impact of mercantilist policies, territorial greed, and military conflicts in North Eurasia’s border basins, and accentuates the significance of developments in the preindustrial transport and commercial infrastructure of the North Eurasian landmass. Employing the concept of North Eurasia and its different borderlands and border basins, this book overcomes previous limitations in the historiography of globalization and sheds light on a large, continental landmass, which researchers tend to leave aside for the benefit of a predominant maritime perspective in historical studies of globalization. North Eurasian Trade in World History, 1660–1860 will be invaluable reading for students and scholars interested in world history, East European history, and the history of international relations and trade.

England's relationship with the Baltic trading area has remained a generally neglected aspect of English commercial development in the seventeenth century. The spectacular colonial ventures have traditionally attracted more historical attention, although the Baltic trade in this period was more fundamental to the English economy: it supplied precisely those naval commodities, such as flax, hemp, timber, pitch and tar, which facilitated the creation of fleets for the colonial trades. Medieval English trade had been conditioned by a search for markets, and the predominantly agricultural economy of the Polish Commonwealth proved to be an ideal target for cloth exports. By the early seventeenth century, however, this traditional relationship was changing. The growing English fleets demanded steady supplies of naval stores which Poland was increasingly unable to supply, while the Polish economy, weakened by wars and entering a period of decline, could no longer afford the luxury of cloth imports from England.

The articles collected in this volume are examples of the kind of research that can be done with the online database Sound Toll Registers Online (STRO). They show how STRO boosts the writing of the history of European maritime transport and trade, and how its use contributes to our knowledge of that history.

The Baltic in the early modern period has been called a 'Nordic Mediterranean'. In the studies collected here, Professor North is concerned to examine the ways in which this Baltic region became integrated into the international division of labour and the emerging world economy. The volume opens with a new introductory essay, and the first section then focuses on commodities exported to Western Europe - grain, timber, flax, hemp and other raw materials. The following studies examine how this ever growing bulk trade stimulated a flow of money and payments in the opposite direction, and led to the formation of the manorial economy and second serfdom in the grain-producing countries of the Baltic hinterlands.