IRAN AND THE WORLD IN THE SAFAVID AGE
Abstracts

Matthee, Dr. Rudolph, University of Delaware, Department of History, Metuchen, The Safavid Economy as Part of the World Economy

Alternatively overrated in its output and global importance, and belittled as being insignificant compared to that of neighbouring India or the Ottoman Empire, the Safavid economy remains an elusive concept.

This paper examines the scope and significance of the Safavid economy, or at least its commercial sector, by placing it in the context of the world economy of the sixteenth and seventeenth centuries.  The first part of the paper argues that Iran's contribution to worldwide economic activities was relatively slight.  It further contends and seeks to demonstrate that, despite the advent of the European maritime companies and the attendant highly visible trade connection that developed between Iran and Europe in the seventeenth century, the volume and frequency of trade with the Indian subcontinent continued to exceed commerce with the West by far.

The second part examines and compares the many lines that connected Safavid Iran to regions throughout the eastern hemisphere, from Japan and the East Indies to India, from Central Asia to Russia and Scandinavia via the Volga route, and from the Arabian peninsula to Anatolia and Western Europe via the Mediterranean as well as the Cape route.  An attempt will be made to assess the relative importance of these links and how they were affected by economic and political change.  It will be seen that, in terms of economic output Iran, with it its small population and limited resources, indeed was a distant second to the more populous parts of south and west Asia.  Yet within these parameters, and precisely given the fact that the country was home to less than 10 million people, Iran still made an important contribution to global economic activity, aside from playing a pivotal part as a crossroads of numerous commodities.  A major part of this contribution consisted of the role the country played in overland and maritime transit trade.  The country also produced and exported substantial amounts of raw silk and furnished the Indian subcontinent with a considerable volume of gold and silver specie.


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