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The Economic Aspects of Spanish Imperialism in America, 1492–1810$
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John Fisher

Print publication date: 1998

Print ISBN-13: 9780853235521

Published to Liverpool Scholarship Online: June 2013

DOI: 10.5949/UPO9781846313011

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PRINTED FROM LIVERPOOL SCHOLARSHIP ONLINE (www.liverpool.universitypressscholarship.com). (c) Copyright Liverpool University Press, 2020. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in LSO for personal use.date: 12 July 2020

Foreign Penetration of the Ibero-American Economy in the Hapsburg Period

Foreign Penetration of the Ibero-American Economy in the Hapsburg Period

Chapter:
(p.72) Chapter 6 Foreign Penetration of the Ibero-American Economy in the Hapsburg Period
Source:
The Economic Aspects of Spanish Imperialism in America, 1492–1810
Publisher:
Liverpool University Press
DOI:10.5949/UPO9781846313011.006

By the second half of the sixteenth century, a trans-Atlantic commercial system emerged with three administrative centres in Mexico, Lima, and Seville, and with principal ports at Callao, Veracruz, and Seville-Cádiz. This commercial structure was driven in part by the Spanish crown's aspiration to effectively control the extraction of silver from the mines of New Spain and Peru, along with its desire to ensure the safe and regular despatch of treasure to Spain. The Hapsburg monarchy developed policies to regulate both economic life in America and commercial relations between Spain and America. The disputes between Hapsburg Spain and the other European powers such as Germany, France, and England not only drained Spanish wealth and manpower into non-productive enterprises, but also encouraged Spain's imperial and commercial rivals to attack Spanish possessions and Spanish shipping in the Atlantic, as well to as seize more important Caribbean islands. This chapter explores foreign intrusion into the Ibero-American economy during the Hapsburg period, as well as English expeditions to the Pacific and the Rio de la Plata region.

Keywords:   Hapsburg monarchy, Pacific, Rio de la Plata, Spain, America, trade, Caribbean, expeditions, Peru, commercial relations

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