Publication: Oro, plata y mercurio, nervios de la monarquía de España
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2001
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Marcial Pons : Centro de Estudios Constitucionales : Fundación Fomento de la Historia Económica
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Abstract
El carácter distintivo de la monarquía española durante toda la Edad
Moderna fue el dominio de las principales zonas del planeta productoras de
plata y mercurio, lo que le proporcionó una ventaja monetaria comparativa
prácticamente inexpugnable, especialmente durante el período de siglo y medio
que siguió a la introducción del patrón-plata en la China de los Ming, en
que la relación bimetálica plata/oro resultó extremadamente favorable para
la plata. Esto permitió que el poder imperial descansase sobre una combinación
sencilla de políticas extractivas, logísticas y financieras, cuyo indicador privilegiado
es el mercado del azogue, que se reconstruye en este trabajo.
The distinctive character of the Spanish monarchy all along the modern age was the domination on the main producing zones of silver and mercury in the planet, which provided practically uncontestable a comparative monetary advantage to her, specially during the period of century and a half following the introduction of the silver-standard in the Ming's China, during which the bimetallic relation was extremely favorable for the silver. This allowed the imperial power to rest on an very simple combination of extractive, logistic and fínancial policies, whose privileged indicator is the market of the mercury, that reconstructs in this work.
The distinctive character of the Spanish monarchy all along the modern age was the domination on the main producing zones of silver and mercury in the planet, which provided practically uncontestable a comparative monetary advantage to her, specially during the period of century and a half following the introduction of the silver-standard in the Ming's China, during which the bimetallic relation was extremely favorable for the silver. This allowed the imperial power to rest on an very simple combination of extractive, logistic and fínancial policies, whose privileged indicator is the market of the mercury, that reconstructs in this work.
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Revista de Historia Económica Año XIX Otoño-invierno 2001 n. 3 pp. 507--538