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Realm between EmpiresThe Second Dutch Atlantic, 1680-1815$
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Wim Klooster and Gert Oostindie

Print publication date: 2018

Print ISBN-13: 9781501705267

Published to Cornell Scholarship Online: January 2019

DOI: 10.7591/cornell/9781501705267.001.0001

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Institutions, Finance, Trade

Institutions, Finance, Trade

Chapter:
(p.57) 2 Institutions, Finance, Trade
Source:
Realm between Empires
Author(s):

Wim Klooster

Gert Oostindie

Publisher:
Cornell University Press
DOI:10.7591/cornell/9781501705267.003.0003

For governance, investment, and the shipment and sale of Atlantic goods the overseas Dutch depended on the United Provinces. The West India Company, which maintained its slave trade monopoly until the 1730s, provided the umbrella for most activities in the Dutch Atlantic world, although Suriname and Berbice were ruled by separate entities in which the WIC was only a partner. In mid-century, the Dutch Guiana colonies offered Dutch investors attractive opportunities, which led to the transfer of tremendous amounts of credit. An artificial boom followed, which failed to produce high profits and ended in a credit crisis which would thwart the further plantation growth of Suriname. Cash crops from Suriname and the other New World colonies were carried in massive quantities to the Dutch Republic, while the Dutch slave trade not only provisioned the Dutch colonies, but also those of other empires.

Keywords:   WIC, Lobbying, Credit crisis, Crops, Slave trade

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