Read e-book online A Monetary History of the Ottoman Empire PDF

By Sevket Pamuk

ISBN-10: 0521441978

ISBN-13: 9780521441971

This quantity examines the financial background of a giant empire positioned on the crossroads of intercontinental exchange from the fourteenth century till the top of global warfare I. It covers all areas of the empire from the Balkans via Anatolia, Syria, Egypt and the Gulf to the Maghrib. the consequences of economic advancements for social and political background also are mentioned through the quantity. this can be a massive and pathbreaking booklet via the most distinct fiscal historians within the box.

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Introduction 19 ¯uctuations in commodity and specie ¯ows and maintain a stable monetary system. Ottoman dif®culties were compounded by the recurrence of ®scal crises which played havoc with money. In the face of these dif®culties, the Ottoman governments had mixed success in their attempts to maintain monetary stability, as will be argued later in this volume. It is thus clear that a monetary history of the Ottoman lands during these six centuries can not treat the large empire in isolation, but as an integral part of the world economy and subject to its vicissitudes.

The search for the narh lists was undertaken as part of the ongoing work on the history of prices and wages in Istanbul. For preliminary results of that study, see appendix II. Istanbul was a giant, consuming city dependent on its vast hinterland. The classic work on the economy of the capital city and the nature of state intervention in that economy remains Robert Mantran, Istanbul dans la seconde moitie du XVIIe sieÁcle (Paris: 1962), 233±86. ), Economic and Social History of the Ottoman Empire, 179±87.

For this purpose, it will adopt a framework that emphasizes the links between commodity ¯ows and trade balances, on the one hand, and the availability of specie and coinage, on the other. It will also pay attention to the supplies from local mines as an alternative source of specie. Gold and silver; East and West From the middle of the tenth century until the end of the twelfth century, the Byzantine Empire and the Islamic states in the eastern Mediterranean had relied on gold, billon and base metals for their coinage while they experienced shortages of silver.

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A Monetary History of the Ottoman Empire by Sevket Pamuk


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