A Monetary History of the Ottoman Empire

This book is about money and empire and their place in the world economy at the dawn of the era of capitalism. In its approach and focus, I have been inspired by the insistence of a number of ®ne historians in recent decades,most notably Fernand Braudel, my former teacher Carlo Cipolla,V. Magalhaes-...

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Tác giả chính: Pamuk, Seevket
Định dạng: Sách
Ngôn ngữ:English
Được phát hành: Cambridge university 2013
Truy cập trực tuyến:http://scholar.dlu.edu.vn/thuvienso/handle/DLU123456789/34420
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description This book is about money and empire and their place in the world economy at the dawn of the era of capitalism. In its approach and focus, I have been inspired by the insistence of a number of ®ne historians in recent decades,most notably Fernand Braudel, my former teacher Carlo Cipolla,V. Magalhaes-Godinho, Peter Spufford, and Pierre Vilar, that monetary history needs to be painted on a large canvas. The strong, two-way interaction between long-distance trade, specie ¯ows, and money makes the adoption of a global perspective essential for understanding both the Middle Ages and the Early Modern period. This is especially the case for the monetary history of a large empire located at the crossroads of intercontinental trade, always vulnerable to the vicissitudes of commerce,payments, and monetary ¯ows. Monetary history thus offers us the opportunity to transcend the compartmentalized approach of so many historians and emphasize the linkages between the history of the Eastern Mediterranean, or the Near East for the lack of a better term, and those of Europe and South Asia over a period of six centuries.
format Book
author Pamuk, Seevket
spellingShingle Pamuk, Seevket
A Monetary History of the Ottoman Empire
author_facet Pamuk, Seevket
author_sort Pamuk, Seevket
title A Monetary History of the Ottoman Empire
title_short A Monetary History of the Ottoman Empire
title_full A Monetary History of the Ottoman Empire
title_fullStr A Monetary History of the Ottoman Empire
title_full_unstemmed A Monetary History of the Ottoman Empire
title_sort monetary history of the ottoman empire
publisher Cambridge university
publishDate 2013
url http://scholar.dlu.edu.vn/thuvienso/handle/DLU123456789/34420
_version_ 1757678935785603072
spelling oai:scholar.dlu.edu.vn:DLU123456789-344202014-01-19T08:19:56Z A Monetary History of the Ottoman Empire Pamuk, Seevket This book is about money and empire and their place in the world economy at the dawn of the era of capitalism. In its approach and focus, I have been inspired by the insistence of a number of ®ne historians in recent decades,most notably Fernand Braudel, my former teacher Carlo Cipolla,V. Magalhaes-Godinho, Peter Spufford, and Pierre Vilar, that monetary history needs to be painted on a large canvas. The strong, two-way interaction between long-distance trade, specie ¯ows, and money makes the adoption of a global perspective essential for understanding both the Middle Ages and the Early Modern period. This is especially the case for the monetary history of a large empire located at the crossroads of intercontinental trade, always vulnerable to the vicissitudes of commerce,payments, and monetary ¯ows. Monetary history thus offers us the opportunity to transcend the compartmentalized approach of so many historians and emphasize the linkages between the history of the Eastern Mediterranean, or the Near East for the lack of a better term, and those of Europe and South Asia over a period of six centuries. List of maps, graphs, and tables page xii List of illustrations xiv Preface xvii Acknowledgments xviv Note on transliteration xxvi 1 Introduction 1 Trade, money, and states in the Mediterranean basin 1 Ottoman economic policies 9 Money, economy, and the Ottoman state 16 A periodization 19 2 Trade and money at the origins 21 Gold and silver; East and West 21 Byzantine Empire and the Balkans 26 Anatolia 28 Early Ottoman coinage 30 Mints and their administration 34 Silver mines 36 Copper coinage 38 3 Interventionism and debasements as policy 40 Centralization and interventionism 41 The silver famines 43 The debasements of Mehmed II 47 Motives and explanations 50 Towards a political economy of Ottoman debasements 55 4 The emerging monetary system 59 The gold sultani: an ``international'' coin 59 Foreign coins 62 Gold±silver±copper 66 Bimetallism or silver monometallism? 70 Increasing use of money 74 ix 5 Credit and ®nance 77 Credit 78 Business partnerships 83 State ®nances and ®nancing the state 84 6 Money and empire 88 Monetary zones within the Empire 88 The Balkans 89 Egypt 95 The shahi zone 101 The Crimean akcËe 105 The Maghrib 107 Algeria 108 Tunis 109 Tripoli 111 7 The Price Revolution in the Near East revisited 112 Competing explanations 113 New evidence and a review of the old 118 Why did prices rise in the Near East? 125 Long-term consequences of the Price Revolution 127 8 Debasement and disintegration 131 The debasement of 1585±86: a turning point? 131 Fiscal crises and monetary instability 138 Disappearance of the akcËe 142 9 In the absence of domestic currency 149 Debased coinage in Ottoman markets 151 Belated government intervention 153 The return of copper coinage 155 10 The new Ottoman kurusË 159 The Ottoman kurusË 159 Economic expansion and ®scal stability 161 Fiscal troubles and depreciaton of the kurusË 170 11 Linkages with the periphery 172 The para in Egypt 172 The riyal of Tunis 178 Algeria 182 Tripoli 184 Crimea 185 Convergence of currencies 186 x Contents 12 The Great Debasement 188 Attempts at ®nancial centralization 188 Evolution of internal borrowing 190 The Great Debasement (1808±34) 193 Financing the state: The Galata bankers 200 13 From bimetallism to the ``limping gold standard'' 205 Integration to the world economy 205 Bimetallism, new coinage, and paper money 206 Banks for lending to the state 211 External borrowing 213 The limping gold standard 216 Commercial banking 221 The Financing of World War I 222 14 Conclusions 225 Appendix I Excerpts from Ottoman laws on taxation, money, mints, and mines 231 Appendix II Price indices for Istanbul, 1469±1914 235 Appendix III A note on basic economic and monetary magnitudes 241 Bibliography 243 Index 270 2013-07-11T02:18:43Z 2013-07-11T02:18:43Z 1999 Book 9780521441971 http://scholar.dlu.edu.vn/thuvienso/handle/DLU123456789/34420 en application/pdf Cambridge university