Peter Gordon and Juan José Morales

Peter Gordon and Juan José Morales are the authors of "The Silver Way: China, Spanish America and the Birth of Globalisation, 1565–1815" (Penguin, 2017). Morales is a former president of the Spanish Chamber of Commerce in Hong Kong; Gordon is the editor of the "Asian Review of Books."

Articles by Peter Gordon and Juan José Morales

Money

When the Dollar Spoke Spanish

Thursday, January 25, 2018

Peter Gordon and Juan José Morales

What makes a currency global? The Spanish peso that started circulating internationally in the 16th century offers a case study. The opening of new trade routes and security innovations made it the world's most widely demanded currency. It facilitated the integration of China, the Americas, and Europe into a world economy, creating a status quo that lasted until the 19th century.

Peter Gordon and Juan José Morales

Articles by Peter Gordon and Juan José Morales

When the Dollar Spoke Spanish

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