The Mongol Empire and the Prosperity of the Silk Road

Abstract

With much reference to the frequent wars and annexations of the Mongol Empire, its emphasis on trade throughout its institution and practice was of much a contrast against its belligerent nature. It was not only the spoils of war that the Mongol Empire thrived upon, but also the pro-trade environment which they created fostered their development. The author hereby offer an analysis using historical records regarding certain measures, rules, and regulations the Mongol Empire adopted during its sovereignty, providing certain insights on several conditions the Mongol Empire created and maintained, which later casted significant impact on structuring a stable trade environment, while further establish the connections between these institutional factors and the development of the Mongol Empire. The author also makes a brief comparison between the trade of the Mongol Empire and the Silk Road Economic Belt, which China and its surrounding nations are building today, thereby offering certain insights from a theoretical standpoint.