Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/331428 
Year of Publication: 
2025
Series/Report no.: 
UPSE Discussion Paper No. 2025-07
Publisher: 
University of the Philippines, School of Economics (UPSE), Quezon City
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.
Subjects: 
16.C-19.C Spanish colonial commercial policy
Manila-Acapulco galleon trade
Mexico City merchant lobby
Atlantic flota system
Spanish mercantilism
Bourbon reforms
Royal Philippine Company
Consulate of Manila
late Spanish liberal trade and investment policies
JEL: 
N75
N73
Document Type: 
Working Paper

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