Colbert, mercantilism, and the French quest for Asian trade

by Glenn Joseph Ames

This revisionist examination of French trade with Asia analyzes the concerted attempt of France under Louis XIV to establish a mercantile empire in the East by breaking into the lucrative market of the Indian Ocean. Drawing on archival sources from Paris, Lisbon, London, The Hague, and Goa, Ames offers a new interpretation of Bourbon France's mercantilism in the context of the rise of the world market economy of the early modern period. In addition to illuminating the politics behind Colbert's establishment of the East India Company and his creation of the royal fleet, Ames details France's efforts to reach an alliance with the English and Portuguese and the eventual failure of this enterprise. He further analyzes the significance of such a setback for French political and economic aspirations in Asia for the remainder of the seventeenth century. Evidence presented in this study sheds new light on the reign of Louis XIV, the mercantilist theories of Colbert, the origins of the Dutch Wa