The Ottoman Economy and Its Institutions

Download or read book The Ottoman Economy and Its Institutions written by Şevket Pamuk and published by Routledge. This book was released on 2009 with total page 312 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Ottoman Empire stood at a crossroads of intercontinental trade, stretching from the Balkans and the Black Sea region through the present day Middle East and most of the North African coast for six centuries up to World War I. The articles in this volume by a leading economic historian examine its economic institutions, the long term performance of the Ottoman economy and explore the reasons for the longevity of this large empire. They argue that the Ottoman state and society showed considerable ability to reorganize and adapt to changing circumstances and make the case that, until the 19th century, standards of living in many parts of the empire differed little from those in much of continental Europe.