Trade in Mesopotamia from the early dynastic period to the early Achaemenid period with emphasis on the finance of such trade

Abstract

This dissertation considered trade and trade finance in Mesopotamia over a period of 2000 years commencing with Sumeria and ending with Achaemenid Persia, taking in Ur III and Assyria. A range of financial instruments was selected together with important business transactions, for instance, agricultural finance, specifically the brewing industry and the working capital requirements of merchants and money lenders. The role of women in private enterprise was examined, including their role in retail finance. The great estates of temple and palace had a substantial impact on finance and trade throughout the periods. Their interaction with merchants and money lenders was important to the study. I used reductionism to facilitate analysis of complex products highlighting the essentials of finance namely, borrowing, lending and return. The study concludes that, during the era under consideration, the evolution and enhancement of the financial instruments and products developed in self-generated, incremental and progressive steps.