Art

Portuguese Merchants in the Manila Galleon System

Portuguese Merchants in the Manila Galleon System

Author: Cuauhtaemoc Villamar

In this book, the writer examines the role of Portuguese merchants in the formation of the Manila Galleon as a system of trade founded at the end of the sixteenth century.

The rise of Manila as a crucial transhipment port was not a spontaneous incident. Instead, it came about through a complex combination of circumstances and interconnections that nurtured the establishment of the Manila Galleon system, a trading mechanism that lasted two and half centuries from 1565 until 1815.

The writer analyses the establishment of the regulatory framework of the trade across the Pacific Ocean as a whole setting that provided legality to the transactions, predictability to the transportation and security to the stakeholders, according to a review on goodreads.com

The writer looks both at the Spanish crown strategy in Asia, and the emergence of a network of Portuguese merchants located in Manila and active in the long-distance trade.

Courtesy: (Arabnews)

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