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Economic Management of Minoan and Mycenaean States and their development

Author

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  • Serge Svizzero

    (CEMOI - Centre d'Économie et de Management de l'Océan Indien - UR - Université de La Réunion)

  • Clement Allan Tisdell

    (UQ [All campuses : Brisbane, Dutton Park Gatton, Herston, St Lucia and other locations] - The University of Queensland)

Abstract

During the Late Bronze Age, Aegean societies (Minoan and Mycenaean) exhibited strong economic development. This resulted from the implementation by the elite of a centralized and hierarchical administrative and social system in order to manage most economic activities. In these palatial economies, the elite organized the extraction of the surplus, therefore avoiding the Malthusian trap. They also organized the division of labor and the specialization in production and the distribution of the collected surplus by means of staple and wealth finance systems, the latter being based on the production of luxury items controlled by the palace. Trade was also encouraged and this strengthened palatial power.

Suggested Citation

  • Serge Svizzero & Clement Allan Tisdell, 2015. "Economic Management of Minoan and Mycenaean States and their development," Post-Print hal-02148983, HAL.
    • Handle: RePEc:hal:journl:hal-02148983
    DOI: 10.1410/81504
    Note: View the original document on HAL open archive server: https://hal.univ-reunion.fr/hal-02148983
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    Cited by:

    1. Serge Svizzero, 2015. "The collapse of the Únětice culture: economic explanation based on the “Dutch disease”," Post-Print hal-02150097, HAL.
    2. Serge Svizzero & Clement Allan Tisdell, 2016. "Economic evolution, diversity of societies and stages of economic development: A critique of theories applied to hunters and gatherers and their successors," Post-Print hal-02147753, HAL.

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