Birth of Global Trade: Silver, Dutch Disease & Empire скачать в хорошем качестве

Birth of Global Trade: Silver, Dutch Disease & Empire

Ever heard of the Manila Galleon Trade? From 1565 to 1815, this epic Pacific route connected the Philippines to Mexico, bridging East and West in one of the earliest examples of globalization. In this video, we explore how tons of silver fueled a global economic engine, how Spain’s empire was shaped by mercantilism and even fell victim to an early form of Dutch Disease, and how this trade influenced currencies like the Chinese yuan, Japanese yen, and Korean won. 🌏💰 00:00 Introduction 00:24 What was the Manila Galleon Trade? 01:51 The Economics of the Galleon Trade 02:57 The "Dutch Disease" 04:32 Mercantilism in Europe 05:45 Spain: A Mercantilist Suffering the Dutch Disease 07:58 Positive Impact to the Philippines 09:21 Negative Impact to the Philippines 10:53 The Yuan, Yen, and Won: Footnotes Find out how silver, silk, and spices built an early global economy—and what lessons we can learn from it today.