03431nam 2200685 a 450 991046344350332120200520144314.00-8047-8635-610.1515/9780804786355(CKB)2670000000386844(SSID)ssj0000918691(PQKBManifestationID)11527915(PQKBTitleCode)TC0000918691(PQKBWorkID)10907302(PQKB)11342630(StDuBDS)EDZ0000175583(MiAaPQ)EBC1225632(DE-B1597)563870(DE-B1597)9780804786355(Au-PeEL)EBL1225632(CaPaEBR)ebr10726009(OCoLC)851431287(OCoLC)1198930922(EXLCZ)99267000000038684420130319d2013 uy 0engur|||||||||||txtccrStaying afloat[electronic resource] risk and uncertainty in Spanish Atlantic world trade, 1760-1820 /Jeremy BaskesStanford, Calif. Stanford University Press20131 online resource (xiv, 393 pages) illustrations (black and white)Social Science HistorySocial science historyBibliographic Level Mode of Issuance: Monograph0-8047-8542-2 Includes bibliographical references and index.Introduction : risk and uncertainty -- Staying informed : the risks of poor information in Atlantic world trade -- The institutions of trade and the reduction of market risk : the convoy system -- Comercio libre and the rise of commercial risk -- The rising demand for credit and the escalation of risk in the post-1778 era -- Trade in war and peace -- Underwriting risk : the structure and organization of insurance partnerships in late eighteenth-century Cadiz -- Insuring against risk : analysis of insurance policies and the perception of risk in Atlantic world trade -- War and commercial crisis : the profitability of the Cadiz insurance industry in the 1790s -- Conclusion : staying afloat.Early modern, long-distance trade was fraught with risk and uncertainty, driving merchants to seek means to reduce them. In the traditional historiography on Spanish colonial trade, the role of risk is largely ignored. Instead, the guild (consulado) merchants are depicted as anti-competitive monopolists who manipulated markets and exploited colonial consumers. This book argues that much of the commercial behaviour interpreted by modern historians as predatory was instead designed to reduce the uncertainty and risk of Atlantic world trade.Social science history.Risk managementSpainHistoryMerchant marineSpainHistoryMarine insuranceSpainHistorySpainColoniesAmericaHistorySpainCommerceAmericaHistoryAmericaCommerceSpainHistoryElectronic books.Risk managementHistory.Merchant marineHistory.Marine insuranceHistory.382.0946/01821Baskes Jeremy1961-760062MiAaPQMiAaPQMiAaPQBOOK9910463443503321Staying afloat1537242UNINA