The Penetration of European Banking Into Ottoman Lands During the Second Half of the Nineteenth Century

dc.authorid DAVUTYAN, NURHAN/0000-0002-9539-9602
dc.contributor.author Davutyan, Nurhan
dc.contributor.author Davutyan, Nurhan
dc.contributor.other International Trade and Finance
dc.date.accessioned 2023-10-19T15:12:27Z
dc.date.available 2023-10-19T15:12:27Z
dc.date.issued 2023
dc.department-temp [Davutyan, Nurhan] Kadir Has Univ, Nurhan Davutyan Dept Int Trade & Finance, Istanbul, Turkey en_US
dc.description.abstract We discuss the development of 'modern' banking in core Ottoman lands during the latter half of nineteenth century. We present evidence showing considerable local financial sophistication prior to European entry around 1856. Drawing on the 'constitutional commitment' literature we maintain its success was related to enhanced security of life and property European financial ties provided to Ottoman decision-makers. We argue international relations substituted for missing domestic institutions. We describe the conflictual process ending around 1900, with the domination of Ottoman capital markets by European banks, particularly the Banque Imperiale Ottomane, or BIO. The competition pitting BIO against ethnically based local banking networks opens a different window into the economic and fiscal occurrences of that epoch. We consider the role of London based 'South African Gold Panic of Autumn 1895' and its interactions with the unfolding 'Armenian Crisis' of Istanbul and Anatolia in bringing about this final outcome. en_US
dc.description.sponsorship Kadir Has University [119K197]; [2018-BOP-06] en_US
dc.description.sponsorship Support from TuBTAK-SOBAG under grant number 119K197 as well as from Kadir Has University under grant number 2018-BOP-06 is gratefully acknowledged. en_US
dc.identifier.citationcount 0
dc.identifier.doi 10.1080/19448953.2022.2143853 en_US
dc.identifier.endpage 339 en_US
dc.identifier.issn 1944-8953
dc.identifier.issn 1944-8961
dc.identifier.issue 3 en_US
dc.identifier.scopus 2-s2.0-85141615280 en_US
dc.identifier.scopusquality Q1
dc.identifier.startpage 322 en_US
dc.identifier.uri https://doi.org/10.1080/19448953.2022.2143853
dc.identifier.uri https://hdl.handle.net/20.500.12469/5450
dc.identifier.volume 25 en_US
dc.identifier.wos WOS:000880447500001 en_US
dc.identifier.wosquality Q2
dc.institutionauthor Davutyan, Nurhan
dc.khas 20231019-WoS en_US
dc.language.iso en en_US
dc.publisher Routledge Journals, Taylor & Francis Ltd en_US
dc.relation.ispartof Journal of Balkan and Near Eastern Studies en_US
dc.relation.publicationcategory Makale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanı en_US
dc.rights info:eu-repo/semantics/closedAccess en_US
dc.scopus.citedbyCount 1
dc.title The Penetration of European Banking Into Ottoman Lands During the Second Half of the Nineteenth Century en_US
dc.type Article en_US
dc.wos.citedbyCount 1
dspace.entity.type Publication
relation.isAuthorOfPublication 91a9c5f1-c69c-4cc3-a4b4-acabfcb72982
relation.isAuthorOfPublication.latestForDiscovery 91a9c5f1-c69c-4cc3-a4b4-acabfcb72982
relation.isOrgUnitOfPublication 16202dfd-a149-4884-98fb-ada5f8c12918
relation.isOrgUnitOfPublication.latestForDiscovery 16202dfd-a149-4884-98fb-ada5f8c12918

Files

Original bundle

Now showing 1 - 1 of 1
No Thumbnail Available
Name:
5450.pdf
Size:
378.2 KB
Format:
Adobe Portable Document Format
Description:
Tam Metin / Full Text