Open Daily: 10am - 10pm | Alley door pickup 10am - 7pm 3038 Hennepin Ave Minneapolis, MN
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  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
The Political Economy of Ottoman Public Debt: Insolvency and European Financial Control in the Late Nineteenth Century

The Political Economy of Ottoman Public Debt: Insolvency and European Financial Control in the Late Nineteenth Century

Birdal, Murat

Hardcover

Series: Library of Ottoman Studies

EconomicsTurkey & Ottoman Empire History

ISBN10: 1848852983
ISBN13: 9781848852983
Publisher: Bloomsbury Publishing PLC
Published: Jun 22 2010
Pages: 256
Weight: 0.95
Height: 1.00 Width: 5.60 Depth: 8.60
Language: English
In the midst of political decline and burgeoning financial problems in the late nineteenth century, the Ottoman Empire became embroiled in a borrowing frenzy, which eventually resulted in the financial collapse of the empire. Under political pressure and with the growing need for external funds, the Ottoman court compromised its fiscal sovereignty by ceding the most liquid revenue sources to a financial administration controlled by European creditors. In this book, Murat Birdal sheds light on the handling of the external debt crisis, one of the most controversial periods of Ottoman economic history. Based on extensive archival research foreign archives, he explores the pivotal role of the Ottoman Public Debt Administration (OPDA) in the peripheralization of the Ottoman economy. This book will be invaluable to scholars of Ottoman, Middle East and economic history.

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