Business and Polity explores, through a variety of economic and political formations over the past two and a half millennia, right from the Greco-Roman civilization to present day globalization, the behavior of two power networks: those who control the levers of political power and those who engage themselves in wealth-generating activities. It traces the dynamics of interdependence between these two powerful networks and what happens when one or the other becomes more powerful.
The rational and logical approach taken by the author reveals the links that our modern state of affairs has with the experience of past civilizations—knowledge that can potentially enhance our ability to make informed decisions to shape the global future. Though the content is academic and interdisciplinary in scope and nature, its lucid presentation will appeal to a wide range of readers who are interested in geopolitical issues and economic, political and business history.
Chapter 6: Trade and Politics in the Indian Ocean
Trade and Politics in the Indian Ocean
The Indian Ocean connected a great variety of peoples, cultures and economies, being almost linked to the Mediterranean through the Red Sea, penetrating the central lands of West Asia via the Persian Gulf, washing both shores of the Indian subcontinent and linking up with the South China Sea, beyond which lay the Pacific. The sea routes were linked to over-land trade routes, creating a tight economic relationship. In the 10th and 11th centuries ad, economies throughout Asia expanded markedly and new powers emerged, such as the Cholas in southern India, the Khmers in Angkor, the Burmese at Pagan and the Song in China. These political consolidations stimulated Asia's maritime commerce and the ...