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Posts Tagged ‘global trade

“Round round get around, I get around”*…

 

Distribution of early Byzantine items and contemporary imitations found outside of the boundaries of the mid-sixth-century empire, along with a depiction of the empire during the reign of Justinian (c. 565 AD)

Dr Caitlin Green details the finds that demonstrate the extraordinary trading reach of the Byzantine Empire: “A very long way from home: early Byzantine finds at the far ends of the world.”

* The Beach Boys

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As we remind ourselves that trade has been global for a long, long time, we might recall that it was on this date in 614 (though some sources suggest that it was yesterday’s date; and others, that it was in 615) that Chlothar II, the Merovingian king of the Franks, promulgated the last of the Merovingian capitularia, a series of legal ordinances governing church and realm– the Edict of Paris (Edictum Chlotacharii).

About 70 years earlier, Byzantine emperor Justinian had earned renown for his rewriting of Roman law, yielding the Corpus Juris Civilis (still the basis of civil law in many modern states).  Chlothar II’s accomplishment was in that same spirit– a sort of Frankish Magna Carta that defended the rights of the Frankish nobles against the claims of the Crown (though less democratically, it also excluded Jews from civil employment throughout the Frankish kingdom).

Chlothar II’s official signature

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Written by LW

October 19, 2017 at 1:01 am

“A day will come when there will be no battlefields, but markets opening to commerce and minds opening to ideas”*…

 

… well, markets opening anyway.

There’s a rule of thumb that to have a healthy diet, you should eat the rainbow—meaning fruits and veggies of all colors. A similar notion could be applied to a country’s economic health. The more diverse the exports, the less susceptible a nation will presumably be to fluctuations in a single market. Too reliant on oil? A drop in prices might spell the loss of billions of dollars. And for a country where heavy machinery comprises most of the exports, that drop in prices might mean lower operating costs and an uptick in sales. And thanks to globalization, the web of trade is very complex and tough to comprehend.

Looking for better ways to unpack this data, Harvard researchers mapped out international exports in an infographic called the Globe of Economic Complexity, an interactive website that visualizes the exports of every country around the world.

Industries like agriculture, medical products, precious metals, cars, and even baked goods are all assigned a specific color. To get more detailed breakdowns, the infographic leads you to an atlas of exports with more detailed breakdowns. The data was collected in 2012 and for that year, the graphic shows the United States as predominantly turquoise (machinery and parts), blue (automotive), and fuchsia (chemicals). Spin the globe and head over to China and nearly half of the exports are machinery related. Saudi Arabia is a beacon of pink for petroleum, accounting for 76% of exports. Clicking on the country names shows who the nation exports to the most.

Changing to different views, like the product space graph, reveals which countries are most heavily involved in the trade of a specific product. Who knew that the United Kingdom accounted for 26% of the antiques trade or that Europe exports the most cigarette papers?

Browse at globe.cid.harvard.edu. [Via Co.DESIGN]

* Victor Hugo

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As we note sadly that two countries with McDonald’s franchises have in fact gone to war, we might send charged birthday greetings to Ernest Rutherford, 1st Baron Rutherford of Nelson; he was born on this date in 1871.  An experimental physicist whose work earned him the honorifics “father of nuclear physics” and “father of electronics” (along with a Nobel Prize), he is considered the greatest experimentalist since Michael Faraday, and and was instrumental in laying the foundation for the advances in technology and energy that have enabled the globalization visualized above.

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Written by LW

August 30, 2015 at 1:01 am

What goes around…

George Packer described in the New York Times what happens to the clothes that one drops with charity…

If you’ve ever left a bag of clothes outside the Salvation Army or given to a local church drive, chances are that you’ve dressed an African. All over Africa, people are wearing what Americans once wore and no longer want. Visit the continent and you’ll find faded remnants of secondhand clothing in the strangest of places. The ”Let’s Help Make Philadelphia the Fashion Capital of the World” T-shirt on a Malawian laborer. The white bathrobe on a Liberian rebel boy with his wig and automatic rifle. And the muddy orange sweatshirt on the skeleton of a small child, lying on its side in a Rwandan classroom that has become a genocide memorial. A long chain of charity and commerce binds the world’s richest and poorest people in accidental intimacy. It’s a curious feature of the global age that hardly anyone on either end knows it.

Mother Jones and the International Reporting Project collected a stunning gallery that helps those on this end of the chain better appreciate the other.

The circumstantially-ironic commentary of the photos is just a bonus…

"Iowa: Nothing to do since 1772" shirt worn by University of Liberia student

More wonderful pix– all shot in November, 2010 in Liberia, West Africa, “where former warlords tend rice paddies and American t-shirts are sold in heaps under the hot African sun”– at Mother Jones‘ “Where Do Goodwill Clothes Go?

 

As we appreciate the long reach of the global market, we might recall that it was on this date in 1954 that Walt Disney announced plans for Disneyland in Anaheim, California.  Construction was begun on July 21st of that year, and the park opened a year-and-a-day later.

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