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Trade in the Ancient Mediterranean : Private Order and Public Institutions

Terpstra, Taco

The Princeton Economic History of the Western World

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How ancient Mediterranean trade thrived through state institutionsFrom around 700 BCE until the first centuries CE, the Mediterranean enjoyed steady economic growth through trade, reaching a level not to be regained until the early modern era. This process of growth coincided with a process of state formation, culminating in the largest state t

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