Exchange and Trade, Seventh-Twelfth Centuries

75 p.
An extract from: «The Economic History of Byzantium: From the Seventh through the Fifteenth Century» (Angeliki E. Laiou, Editor-in-Chief). - Washington, DC.: Dumbarton Oaks Studies, 2002. (Dumbarton Oaks Research Library and Collection).In terms of the economy of exchange, the period from the seventh to the twelfth century
must be subdivided into three sections in order to take account of changes and
evolutions. The first period consists of the seventh and eighth centuries, the years
815–825 forming a convenient cutoff point. The second period extends to the end of
the tenth century. Basil II’s novel of 996, which includes a clause on fairs, and the
privileges he granted to the Venetians in 992 close off one period and begin another,
and are near enough to the year 1000 for it to be used as a point of division. The third
period covers the eleventh and twelfth centuries to 1204…