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Spanish commercial policy and the Philippines: an integrated perspective

Author

Listed:
  • Emmanuel S. De Dios

    (School of Economics, University of the Philippines Diliman)

Abstract

We present an historical background and narrative of Spanish policies affecting Philippine trade that maps them onto the changing landscape of influential ideas and emerging political and economic exigencies confronting the colonizing power. An integral or global perspective is adopted that complements a purely colonial or insular viewpoint. This provides a fuller and at times novel understanding of the changes observed in Philippine commercial history during the period, the intended purposes of colonial policies, and the reasons for their failure or success.

Suggested Citation

  • Emmanuel S. De Dios, 2025. "Spanish commercial policy and the Philippines: an integrated perspective," UP School of Economics Discussion Papers 202507, University of the Philippines School of Economics.
    • Handle: RePEc:phs:dpaper:202507
    as

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    File URL: https://pre.econ.upd.edu.ph/upsedp/index.php/dp/article/view/1567
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    References listed on IDEAS

    as
    1. Emmanuel S. de Dios, 2022. "Azcárraga’s critique of mercantilism: trade as an engine of growth," Philippine Review of Economics, University of the Philippines School of Economics and Philippine Economic Society, vol. 59(1), pages 108-155, June.
    2. Francisco Comín, 2020. "1808: The Napoleonic Wars and the Loss of the American Colonies," Palgrave Studies in Economic History, in: Concha Betrán & Maria A. Pons (ed.), Historical Turning Points in Spanish Economic Growth and Development, 1808–2008, chapter 2, pages 15-52, Palgrave Macmillan.
    3. Arteaga, Fernando & Desierto, Desiree & Koyama, Mark, 2024. "Shipwrecked by rents," Journal of Development Economics, Elsevier, vol. 168(C).
    4. Wolfgang F. Stolper & Paul A. Samuelson, 1941. "Protection and Real Wages," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 9(1), pages 58-73.
    5. Juan José Rivas Moreno, 2024. "The Manila Trade," Palgrave Studies in Economic History, in: The Capital Market of Manila and the Pacific Trade, 1668-1838, chapter 0, pages 33-90, Palgrave Macmillan.
    6. Amado A. Castro, 1982. "Foreign Trade and Economic Welfare in the Last Half-Century of Spanish Rule," Philippine Review of Economics, University of the Philippines School of Economics and Philippine Economic Society, vol. 19(1), pages 95-114, March.
    7. Drelichman, Mauricio, 2009. "License to till: The privileges of the Spanish Mesta as a case of second-best institutions," Explorations in Economic History, Elsevier, vol. 46(2), pages 220-240, April.
    8. Corden, W Max & Neary, J Peter, 1982. "Booming Sector and De-Industrialisation in a Small Open Economy," Economic Journal, Royal Economic Society, vol. 92(368), pages 825-848, December.
    9. Fabella, Raul V., 1992. "Price uncertainty and trader-farmer linkage," Journal of Public Economics, Elsevier, vol. 47(3), pages 391-399, April.
    10. Juan José Rivas Moreno, 2024. "The Capital Market of Manila and the Pacific Trade, 1668-1838," Palgrave Studies in Economic History, Palgrave Macmillan, number 978-3-031-71810-6, January.
    Full references (including those not matched with items on IDEAS)

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    Keywords

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    JEL classification:

    • N75 - Economic History - - Economic History: Transport, International and Domestic Trade, Energy, and Other Services - - - Asia including Middle East
    • N73 - Economic History - - Economic History: Transport, International and Domestic Trade, Energy, and Other Services - - - Europe: Pre-1913

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