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Palgrave Macmillan
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Currencies of the Indian Ocean World

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  • © 2019

Overview

  • Offers a groundbreaking history of the complex multi-currency system of the Indian Ocean World
  • Examines the economic as well as social, political and religious roles of currencies in the Indian Ocean World, from the thirteenth century to the present
  • Offers case studies covering China, India, the Arabian Sea, the Red Sea, East Africa, Zanzibar, Madagascar, and Mauritius

Part of the book series: Palgrave Series in Indian Ocean World Studies (IOWS)

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Table of contents (9 chapters)

Keywords

About this book

This book is the first to trace the unique monetary history of the Indian Ocean World. Long-distance trade across the region was facilitated by a highly complex multi-currency system undergirded by shared ideas that transcended ethno-linguistic, religious and class divisions. Currencies also occupied key roles in local spiritual, aesthetic and affective practices. Foregrounding these tensions between the global/universalistic and the local/particularistic, the volume shows how this traditional currency system remained in place until the middle of the twentieth century, and how aspects of the system continue to inform monetary practices throughout the region. With case studies covering China, India, the Arabian Sea, the Red Sea, East Africa, Zanzibar, Madagascar and Mauritius from the thirteenth to the twenty-first centuries, this volume explores the central role currencies played in economic exchange as well as in establishing communal bonds, defining state power and expressing religious sentiments.

Editors and Affiliations

  • Martin Luther Universität Halle-Wittenberg, Halle, Germany

    Steven Serels

  • Indian Ocean World Centre, McGill University, Montreal, Canada

    Gwyn Campbell

About the editors

Steven Serels holds a joint appointment as a Research Officer at the Zentrum für Interdisziplinäre Regionalstudien at Martin Luther Universität Halle-Wittenberg, Germany, and as a Visiting Scholar at Harvard University’s Center for Middle Eastern Studies, USA.


Gwyn Campbell is Founding Director of the Indian Ocean World Centre at McGill University, Canada.


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