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The Political Economy of Ottoman Public Debt
Murat Birdal
其他書名
Insolvency and European Financial Control in the Late Nineteenth Century
出版Bloomsbury Publishing, 2010-07-04
主題Political Science / Political EconomyHistory / Middle East / GeneralHistory / Modern / GeneralBusiness & Economics / Public Finance
ISBN08577181509780857718150
URLhttp://books.google.com.hk/books?id=EGGJDwAAQBAJ&hl=&source=gbs_api
EBookSAMPLE
註釋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.