Cowries and coins
The dual monetary system of the Bengal Sultanate
Datos Bibliográficos
| ID | 8961455 |
|---|---|
| Autores | John S Deyell (autor de correspondencia) |
| Año | 2010 |
| Volumen | 47 |
| Número | 1 |
| Páginas | 63-106 |
| Fecha de publicación | 2010-01-01 |
| Peer Reviewed | Sí |
| Open Access | Sí |
| Tipo | ARTICLE |
| Revista | The Indian Economic & Social History Review (JOURNAL) |
| Identificadores de la revista | ISSN: 0019-4646 • E-ISSN: 0973-0893 |
| Editorial | SAGE Publishing (PUBLISHER • US) |
| DOI | 10.1177/001946460904700103 |
| OpenAlex | W2090105037 |
| Idioma | EN |
| Citas recibidas | 8 |
| Referencias citadas | 26 |
This article examines the establishment, operation and evolution of the dual–denomination monetary system of the Bengal Sultanate, 1205–1576. The Sultans ruled a populous country blessed with a consistent surplus production of agricultural commodities and textiles which they redistributed through their system of state revenue and expenditure. Also, traders drew on this surplus for the Indian Ocean trade. Both levels of the economy were served by the monetary system. A heavy, high purity silver coin met the needs of government and trade, while cowry shells met the needs of low-value transactions for most of the population. A private financial industry brokered the exchange of the two denominations. Over time the relative importance of cowries and silver tankas shifted, with the metallic currency predominant by the sixteenth century. This reflected the expansion of the Sultanate, the growing maturity of its state system and the improved availability of bullion. Bengal’s money appears to have been almost exclusively domestic in circulation and impact. However, neither silver nor cowry shells were available locally, and had to be imported. The high capacity of Bengal to absorb cowries and silver into its money supply must have been a significant driver of overland and maritime trading patterns
Agricultural economics · Agriculture · BENGAL · Bullion · Business · Circulation (fluid dynamics · Commerce · Currency · Economics · Economy · Geography · Monetary economics · Monetary policy · Monetary system · Population · Precious metal · Revenue · State (computer science · Store of value · Asian Studies and History · Colonialism, slavery, and trade · Engineering · Finance · Global Maritime and Colonial Histories
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Cataloging Cowries
Maritime Southeast Asia Between South Asia and China to the Sixteenth Century
Approaching a history of water
Escape from Terracentrism
An Uncertain Fortune
Routinizing and scrutinizing
The History of India, as Told by its Own Historians
The History of India, as Told by its Own Historians
The Big Problem of Small Change
Money and its Use in Medieval Europe
The Political Economy of Commerce
De re metallica
The Suma Oriental of Tomé Pires
The American Numismatic Society, Museum Notes 20, 1975
The Political Economy of Commerce in Southern India 1500-1650
The Economic History Review
Precious Metal Flows and Prices in Western and Southern Asia, 1500-1750
Money, Prices and Civilization in the Mediterranean World
Small change and ballast
Early Medieval Bengal and the Trade In Horses
Local and International Trade and Traders in The Straits of Melaka Region
Money, Markets, and Trade in Early Southeast Asia. The Development of Indigenous Monetary Systems to AD 1400
Cowry Trade and Its Role in the Economy of Yunnan
The Silver Currency Output of the Mughal Empire and Prices in India During the 16th and 17th Centuries
Population, Money Supply, and the Velocity of Circulation in England, 1300-1700
The Rise of Islam and the Bengal Frontier, 1204-1760
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| Obras citantes distintas | 8 |
|---|---|
| Citas por año | 0,62 |
| Intervalo de citas | 2013 - 2024 (12) |
| Velocidad de citación | recent |
| Altamente citado | No |
| Tipos de cita | Neutras: 8 |