Resumen

SOLBES FERRI, Sergio. Direct Navigation from Canary Islands to America and Its Role in the Atlantic Commercial System, 1718-1778. Am. Lat. Hist. Econ [online]. 2018, vol.25, n.1, pp.36-97. ISSN 2007-3496.  https://doi.org/10.18232/alhe.v25i1.875.

The Atlantic trade system is nowadays analyzed from a renewed institutional perspective. From it, the interest of the Spanish imperial case in the 18th century is focused on the analysis of the causes that prevented a rapid administrative reorientation towards free trade. Nevertheless, the official monopolistic system constitutes its essence, leaving no opportunity to mention the option of direct and legal sale from the Canary Islands to the Indies, valid throughout the Ancient Regime. This work focuses on its institutional significance, values the economic effects derived from it, and highlights the importance of return traffic as a legitimate route for colonials’ entrance in Europe.

Palabras llave : Atlantic system; Europe-America trade; Institutional reforms; 18th century; Canary Islands.

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