Book excerpt: Despite its small size and population, the Dutch Republic functioned as the hub of world trade, shipping, and finance for nearly two centuries. This is the first detailed account of that hegemony from its sixteenth-century origins to the final collapse of the Dutch trading system in the eighteenth century. The economic structure of the early modern world was such that the Dutch Republic, particularly Amsterdam, was able to dominate the world economy to a far greater degree than any commercial power before or since. Using archival and secondary sources, this book explains how such a small nation was able to achieve and sustain this ascendancy for so long. In particular, Professor Israel emphasizes the interaction between Dutch commercial activity in Asia, Africa, the Americas, and the Middle East, and its penetration of nearby European markets. - ;Introduction; The origins of Dutch world-trade hegemony; The breakthrough to world primacy, 1590-1609; The Twelve Years' Truce, 1609-1621; The Dutch and the crisis of the world economy, 1621-1647; The zenith, 1647-1672; Beyond the zenith, 1672-1700; The Dutch world entrep--ocirc--;t and the conflict of the Spanish succession, 1700-1713; Decline relative and absolute, 1713-1740; Afterglow and final collapse; Conclusion -