Shard reveals how Cyprus' ancient kingdoms managed economy

In this photo provided from the Department of Antiquities of Cyprus, on Wednesday, Aug. 14, 2019, a small clay shard found during the 2019 excavation season at Kouklia outside in southwest city of Paphos, Cyprus. Archaeologists say the discovery of a small clay shard inscribed with a partial inventory of goods at a 2,500 year-old citadel suggests that Cyprus' ancient city states "more than likely" had a homegrown, common economic management system. (Department of Antiquities of Cyprus via AP)
In this photo provided from the Department of Antiquities of Cyprus, on Wednesday, Aug. 14, 2019, Archeologists work at the archeological site area during the 2019 excavation season at Kouklia outside in southwest city of Paphos, Cyprus. Archaeologists say the discovery of a small clay shard inscribed with a partial inventory of goods at a 2,500 year-old citadel suggests that Cyprus' ancient city states "more than likely" had a homegrown, common economic management system. (Department of Antiquities of Cyprus via AP)

NICOSIA, Cyprus — The discovery of a small clay shard inscribed with a partial inventory of goods at a 2,500-year-old citadel suggests that Cyprus' ancient city states "more than likely" managed their economies using a homegrown system, not an imported one, an archaeologist said Wednesday.

University of Cyprus Professor Maria Iacovou told The Associated that the recent discovery at the ancient kingdom of Paphos on Cyprus' southwestern coast refutes the notion that Cypriot city states managed their economies based on systems brought over from foreign kingdoms, like those of neighboring Phoenician city states.

The inscription on the shard was in a Greek syllabic script that was the official writing system of six of Cyprus' seven ancient city states from the 8th century B.C. The exception was the city state of Kition, which was ruled by Phoenician-speaking kings.

The only other place where similar inventory inscriptions have been discovered was at the Cypriot city state of Idalion.

The Idalion inscriptions were written in the Phoenician alphabet. Iacovou said Kition's rulers, who had taken over Idalion because of its large copper reserves, had also used the Cypriot economic management system, but used the Phoenician alphabet in their running of the city state.

Other News

Japan's economy slows to snail's pace as exports falter

Aug 15, 2016

Japan's economy slows in the April-June quarter, as weaker exports and business investment weigh on the faltering recovery of the world's third-largest economy

Hawaii sushi chain tied to hepatitis A outbreak tosses food

Aug 17, 2016

A popular restaurant chain in Hawaii that serves sushi on a conveyor belt threw out food and scrubbed its counters Tuesday after state authorities identified its raw scallops as the probable source of a hepatitis A outbreak

Asian stocks climb on signs US rate hike off table for now

Aug 18, 2016

Asian stocks rose Wednesday after Wall Street edged higher on news the U.S. Federal Reserve is in no hurry to raise interest rates

The Budget Report seeks to provide comprehensive coverage and analysis on the current economic, financial issues around the world. First hand finance and economic news all day, every day.