This study considers the maritime economy of ancient Cyprus from 1450 BC to 295 BC, combining, for the first time, three distinct disciplines, that is History, Archaeology and Economic theory. The principles of New Institutional Economics are used to trace the island’s institutions and their continuity and to reconstruct its maritime history.
Now in its second edition Maritime Economics provides a valuable introduction to the organisation and workings of the global shipping industry. The author outlines the economic theory as well as many of the operational practicalities involved. Extensively revised for the new edition, the book has many clear illustrations and tables. Topics covered include: * an overview of international trade * Maritime Law * economic organisation and principles * financing ships and shipping companies * market research and forecasting.
What modern economics can tell us about ancient Rome The quality of life for ordinary Roman citizens at the height of the Roman Empire probably was better than that of any other large group of people living before the Industrial Revolution. The Roman Market Economy uses the tools of modern economics to show how trade, markets, and the Pax Romana were critical to ancient Rome's prosperity. Peter Temin, one of the world's foremost economic historians, argues that markets dominated the Roman economy. He traces how the Pax Romana encouraged trade around the Mediterranean, and how Roman law promoted commerce and banking. Temin shows that a reasonably vibrant market for wheat extended throughout the empire, and suggests that the Antonine Plague may have been responsible for turning the stable prices of the early empire into the persistent inflation of the late. He vividly describes how various markets operated in Roman times, from commodities and slaves to the buying and selling of land. Applying modern methods for evaluating economic growth to data culled from historical sources, Temin argues that Roman Italy in the second century was as prosperous as the Dutch Republic in its golden age of the seventeenth century. The Roman Market Economy reveals how economics can help us understand how the Roman Empire could have ruled seventy million people and endured for centuries.
In this book, Kenneth Hirth provides a comparative view of the organization of ancient and premodern society and economy. Hirth establishes that humans adapted to their environments, not as individuals but in the social groups where they lived and worked out the details of their livelihoods. He explores the variation in economic organization used by simple and complex societies to procure, produce, and distribute resources required by both individual households and the social and political institutions that they supported. Drawing on a wealth of archaeological, historic, and ethnographic information, he develops and applies an analytical framework for studying ancient societies that range from the hunting and gathering groups of native North America, to the large state societies of both the New and Old Worlds. Hirth demonstrates that despite differences in transportation and communication technologies, the economic organization of ancient and modern societies are not as different as we sometimes think.
Throughout the world there is evidence of mounting interest in marine resources and new maritime industries to create jobs, economic growth and to help in the provision of energy and food security. Expanding populations, insecurity of traditional sources of supply and the effects of climate change add urgency to a perceived need to address and overcome the serious challenges of working in the maritime environment. Four promising areas of activity for ‘Blue Growth’ have been identified at European Union policy level including Aquaculture; Renewable Energy (offshore wind, wave and tide); Seabed Mining; and Blue Biotechnology. Work has started to raise the technological and investment readiness levels (TRLs and IRLs) of these prospective industries drawing on the experience of established maritime industries such as Offshore Oil and Gas; Shipping; Fisheries and Tourism. An accord has to be struck between policy makers and regulators on the one hand, anxious to direct research and business incentives in effective and efficient directions, and developers, investors and businesses on the other, anxious to reduce the risks of such potentially profitable but innovative investments.The EU H2020 MARIBE (Marine Investment for the Blue Economy) funded project was designed to identify the key technical and non-technical challenges facing maritime industries and to place them into the social and economic context of the coastal and ocean economy. MARIBE went on to examine with companies, real projects for the combination of marine industry sectors into multi-use platforms (MUPs). The purpose of this book is to publish the detailed analysis of each prospective and established maritime business sector. Sector experts working to a common template explain what these industries are, how they work, their prospects to create wealth and employment, and where they currently stand in terms of innovation, trends and their lifecycle. The book goes on to describe progress with the changing regulatory and planning regimes in the European Sea Basins including the Caribbean where there are significant European interests. The book includes:• Experienced chapter authors from a truly multidisciplinary team of sector specialisms• First extensive study to compare and contrast traditional Blue Economy with Blue Growth• Complementary to EU and National policies for multi-use of maritime space
Maritime transport is one of the most ancient supports to human interactions across history and it still supports more than 90% of world trade volumes today. The changing connectivity of maritime networks is of crucial importance to port, transport, and economic development and planning. The way ports, terminals, but also cities, regions and countries, are connected with each other through maritime flows is not well-known and difficult to represent and measure, even for the transport actors themselves. There is a strong, urgent need for reviewing the relevant theories, concepts, methods, and sources that can be mobilized for the analysis of maritime networks. With contributions from reputable scholars from all over the world, this book investigates the analysis of maritime flows and networks from diverse disciplinary angles going across archaeology, history, geography, regional science, economics, mathematics, physics, and computer sciences. Based on a vast array of methods, such as Geographical Information Systems (GIS), spatial analysis, complex networks, modelling, and simulation, it addresses several crucial issues related with port hierarchy; route density; modal interdependency; network robustness and vulnerability; traffic concentration and seasonality; technological change and urban/regional economic development. This book examines new evidence about how socio-economic trends are reflected (but also influenced) by maritime flows and networks, and about the way this knowledge can support and enhance decision-making in relation to the development of ports, supply chains, and transport networks in general. This book is an ideal companion to anyone interested in the network analysis of transport systems and economic systems in general, as well as the effective ways to analyse large datasets to answer complex issues in transportation and socio-economic development.
A major new economic history of the ancient Mediterranean world In The Open Sea, J. G. Manning offers a major new history of economic life in the Mediterranean world in the Iron Age, from Phoenician trading down to the Hellenistic era and the beginning of Rome's imperial supremacy. Drawing on a wide range of ancient sources and the latest social theory, Manning suggests that a search for an illusory single "ancient economy" has obscured the diversity of lived experience in the Mediterranean world, including both changes in political economies over time and differences in cultural conceptions of property and money. At the same time, he shows how the region's economies became increasingly interconnected during this period. The Open Sea argues that the keys to understanding the region's rapid social and economic change during the Iron Age are the variety of economic and political solutions its different cultures devised, the patterns of cross-cultural exchange, and the sharp environmental contrasts between Egypt, the Near East, and Greece and Rome. The book examines long-run drivers of change, such as climate, together with the most important economic institutions of the premodern Mediterranean--coinage, money, agriculture, and private property. It also explores the role of economic growth, states, and legal institutions in the region's various economies. A groundbreaking economic history of the ancient Mediterranean world, The Open Sea shows that the origins of the modern economy extend far beyond Greece and Rome.
Empires of the Sea brings together studies of maritime empires from the Bronze Age to the Eighteenth Century. The volume aims to establish maritime empires as a category for the (comparative) study of premodern empires, and from a partly ‘non-western’ perspective. The book includes contributions on Mycenaean sea power, Classical Athens, the ancient Thebans, Ptolemaic Egypt, The Genoese Empire, power networks of the Vikings, the medieval Danish Empire, the Baltic empire of Ancien Régime Sweden, the early modern Indian Ocean, the Melaka Empire, the (non-European aspects of the) Portuguese Empire and Dutch East India Company, and the Pirates of Caribbean.
The book deals with the naval battles between the Persian fleet and Alexander the Great and his Macedonians in the Aegean and the Eastern Mediterranean between 334-331 BC. It covers the siege of Tyre and in addition the failed efforts by the Persians and King Agis III of Sparta to create turmoil at the rear of Alexander's army. This very important aspect of Alexander's campaign to the East did not receive as yet the coverage it deserves mainly because of the limited personal involvement of Alexander himself. Nevertheless should the Persians being successful and cut Alexander's resupply routes from Greece possibly the outcome of his successful campaign could have been different. The Persian fleet comprised of the naval power of the Cypriot and Phoenicia Kingdoms thus in the book a detailed account is given on the state of the Phoenician but especially of the Cypriot political and naval power which was under the Persians for two hundred years. Alexander and his Macedonians did not have a comparable navy neither they trusted the Greeks especially the Athenians to face the superior Cypriot and Phoenician fleet. He therefore followed a brilliant strategy to blockade the enemy's navy from the land by depriving them safe access to the shores and port cities of Asia Minor. This was a risky strategy which succeeded only after Alexander defeated the Persians twice at Granicus and Issos. The Cypriots and Phoenicians realizing that the young King was getting the better of Darius and his army was winning the battle on land they decided to abandon the Persians and joined Alexander in the siege of Tyre on the shores of Phoenicia . The siege of Tyre took eight months until the city was put under the control of the Macedonians and its fighters killed or sold as slaves. Alexander the Great had an active participation in the siege and the ancient sources gave a considerable and detailed coverage of the battle. The last blow to the Persian naval supremacy in the Mediterranean was the defeat of Agis III in his effort to turn Crete into a Persian naval base. This way the Persian threat in the rear of the Macedonian army had vanished and Greece's security was secured. The book is written to highlight the Cypriot involvement in Alexander's campaign and its epilogue is an attempt to define their position in his empire from scant historical sources. The book is based on extended bibliography and numerous academic papers written on the subject. The main historical sources used are Alexander's historians mainly Arrian, Diodorous, Plutarch and Quintus Curtius Rufus. The book contains a useful appendix on the history and the art of war at sea in ancient times.
