China and the Birth of Globalization in the 16th Century

Book excerpt: Including 11 essays published over the last 15 years, this volume by Dennis O. Flynn and Arturo Giràldez concerns the origins and early development of globalization. It opens with their 1995 Silver Spoon essay and a theoretical essay published in 2002. Subsequent sections deal with Pacific Ocean exchanges, interconnections between the Spanish, Ottoman, Japanese and Chinese empires, and the necessity of multidisciplinary approaches to global history. The volume follows the evolution of the authors' thinking concerning the central role of China in the global silver trade, as well as interrelations among silver and non-silver markets. It concludes with an argument for incorporating the work of all academic disciplines when attempting to understand the history of globalization, advocating an inclusive historical data base which recognizes contextual realities and an inductive process of reasoning.