Economy & Finance in the 7th century

8 sourced entries, 601 CE to 683 CE, oldest first. Also see Economy & Finance across every century or everything else in the 7th century.

• 601Food production increases in northern and Western Europe as a result of agricultural technology introduced by the Slavs, who employ a lightweight plow with a knife blade (coulter), that cuts deep into the soil at grassroots level, together with a shaped board, or "moldboard", that moves the cut soil to one side.source
• 621Emperor Gaozu delegates control of his military and civil administration in the east to his second son, Li Shimin. He concentrates on reforming coinage (→ Kaiyuan Tongbao) and taxation.source
• 640A surge in atmospheric lead in ice core drilled in the Colle Gnifetti Glacier in the Swiss Alps signals an increase in silver mining because of economic recovery, after natural disasters in 530s and 540s.source
• 650The first Chinese paper money is issued, yet these banknotes will not become government-issued until the Song dynasty era Sichuan province issues them in the year 1024, with the central government of China following suit in the 12th century.source
• 675May 8 – Tenmu issues a decree to distribute the tax-rice for peasants in poverty, as well as a decree regulating fishing and hunting, and ordering a halt to eating the flesh of cattle, horses, dogs, monkeys and barn-yard fowl, a prohibition which lasts until 1872.source
• 681September/November – Constantine IV has his brothers Heraclius and Tiberius mutilated, so they will be unable to rule. He orders that their images no longer appear on any coinage, and that their names be removed from official documentation.source
• 683Emperor Tenmu decrees a reform in Japan; copper coins must be used instead of silver coins. Three days later he issues a decree to allow the continued use of silver.source
• 683Srivijaya is founded by Sri Jayanasa in Sumatrasource