Foreign Traders in South America and the Financing of the Independence Wars, 1820-1830

Studying commerce and traders from a global perspective allows us to analyze the material and cultural exchanges that took place beyond national borders, which are often obscured by traditional historical perspectives centered on the nation. This wide terrain is explored here by addressing — and vis...

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Main Author: Cristina Ana Mazzeo
Format: Article
Language:English
Published: Universitat de Barcelona 2023-01-01
Series:Journal of Evolutionary Studies in Business
Subjects:
Online Access:https://revistes.ub.edu/index.php/JESB/article/view/34110
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author Cristina Ana Mazzeo
author_facet Cristina Ana Mazzeo
author_sort Cristina Ana Mazzeo
collection DOAJ
description Studying commerce and traders from a global perspective allows us to analyze the material and cultural exchanges that took place beyond national borders, which are often obscured by traditional historical perspectives centered on the nation. This wide terrain is explored here by addressing — and visualizing — the interrelations between the South American ports of Lima, Valparaíso and Buenos Aires, from the vantage point of independent Peru. To do so, we study the links among foreign merchants who were rooted or closely connected to such ports in the context of the South American wars of independence. War placed Peru in a disastrous economic situation, a circumstance that foreign merchants exploited by becoming the main lenders to the new State, which struggled to cover the expenses of the army to sustain the war. These businessmen created a mercantile network that bridged the boundaries of the recently created nation-states and testified to their great business skills as it broke the economic system of commercial control that had prevailed during three hundred years. Research in Peruvian Governmental, Notary, and Customs documentation unveils their ability to act as agents, negotiate loans and purchases, and take advantage of the wartime crisis to become the main providers of weaponry and military supplies and acquire a privileged position. Since South America was not prepared to reach its independence in the early 19th century without an army, without money, or without weaponry, the nascent states’ economic and financial dependence on foreign traders that started during these times was in a sense inevitable.
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spelling doaj.art-4ba79148d72e412ebfec4cef949972512023-01-09T12:42:16ZengUniversitat de BarcelonaJournal of Evolutionary Studies in Business2385-71372023-01-0181181211https://doi.org/10.1344/jesb2023.8.1.34110Foreign Traders in South America and the Financing of the Independence Wars, 1820-1830 Cristina Ana Mazzeo0https://orcid.org/0000-0002-6006-6250Pontificia Universidad Católica del PerúStudying commerce and traders from a global perspective allows us to analyze the material and cultural exchanges that took place beyond national borders, which are often obscured by traditional historical perspectives centered on the nation. This wide terrain is explored here by addressing — and visualizing — the interrelations between the South American ports of Lima, Valparaíso and Buenos Aires, from the vantage point of independent Peru. To do so, we study the links among foreign merchants who were rooted or closely connected to such ports in the context of the South American wars of independence. War placed Peru in a disastrous economic situation, a circumstance that foreign merchants exploited by becoming the main lenders to the new State, which struggled to cover the expenses of the army to sustain the war. These businessmen created a mercantile network that bridged the boundaries of the recently created nation-states and testified to their great business skills as it broke the economic system of commercial control that had prevailed during three hundred years. Research in Peruvian Governmental, Notary, and Customs documentation unveils their ability to act as agents, negotiate loans and purchases, and take advantage of the wartime crisis to become the main providers of weaponry and military supplies and acquire a privileged position. Since South America was not prepared to reach its independence in the early 19th century without an army, without money, or without weaponry, the nascent states’ economic and financial dependence on foreign traders that started during these times was in a sense inevitable.https://revistes.ub.edu/index.php/JESB/article/view/34110wars of independencepacific portswar financelimatrade networksperuvian economybuenos airesfrederick bergmann
spellingShingle Cristina Ana Mazzeo
Foreign Traders in South America and the Financing of the Independence Wars, 1820-1830
Journal of Evolutionary Studies in Business
wars of independence
pacific ports
war finance
lima
trade networks
peruvian economy
buenos aires
frederick bergmann
title Foreign Traders in South America and the Financing of the Independence Wars, 1820-1830
title_full Foreign Traders in South America and the Financing of the Independence Wars, 1820-1830
title_fullStr Foreign Traders in South America and the Financing of the Independence Wars, 1820-1830
title_full_unstemmed Foreign Traders in South America and the Financing of the Independence Wars, 1820-1830
title_short Foreign Traders in South America and the Financing of the Independence Wars, 1820-1830
title_sort foreign traders in south america and the financing of the independence wars 1820 1830
topic wars of independence
pacific ports
war finance
lima
trade networks
peruvian economy
buenos aires
frederick bergmann
url https://revistes.ub.edu/index.php/JESB/article/view/34110
work_keys_str_mv AT cristinaanamazzeo foreigntradersinsouthamericaandthefinancingoftheindependencewars18201830