The Primacy of Maritime Powers: Trade Routes, Capital, Banking, and Hegemonic Cycles

The rise and expansion of Islam led to the collapse of trade routes in Europe, and consequently to Europe's economic stagnation. The Middle East was, and still is, a kind of trade valve. Land trade from Asia to Europe passed through the Middle East. The Silk Road, which was an incredibly important trade artery, ran through this region.

ByIgor MiasnikowPublished:08/01/202322 min readShare full article