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The kingdom of Murcia, after its final incorporation to the Casti­lian crown in 1266 as well as the loss of part of its coastal territory in 1304-1305, incorporated with some difficulties to the Mediterranean activi­tes that Alfonso X had searched through the ports of Cartagena and Alican­te. During the XIV Century it was only circumstancially included into the routes of the big houses of Italian merchants, and just with the conjunction of the progressive weakness of Granada and the exporting interests of wool and seed of the big proprietors, allowed, since the end of XIV Century and with difficulties, the implantation of some houses with a certain stability, in constant relation with the sevillian market and valencian banking and crafts­manship. In a little more time than a century, five Genoese families directed the exportation of raw materials and the importation of luxury elabora­ted products as a monopoly system, that, along with the monetary policies, were the key factors of both stability and instability of the market.

El reino de Murcia en el sistema económico mediterráneo de la Baja Edad Media