During her fellowship, Dr. Lea Haller investigated the history of global commodity trade with a focus on Swiss trading companies. Contrary to general assumption, global trade in the modern era was not primarily driven by the imperial powers, but by a bourgeois elite in countries with a high level of global integration and economic interdependence. Switzerland is a case in point. The small, neutral country had a large trading sector since the mid-19th century and is the biggest trading place worldwide today. Its merchanting trade by far exceeded the import and export of the country. Lea’s book «Transithandel. Geld- und Warenströme im globalen Kapitalismus» was published by Suhrkamp in 2019 (2nd edition 2023).