Download A Monetary History of the Ottoman Empire by Sevket Pamuk PDF

By Sevket Pamuk

ISBN-10: 0521441978

ISBN-13: 9780521441971

This quantity examines the financial historical past of a giant empire situated on the crossroads of intercontinental exchange from the fourteenth century till the top of global struggle I. It covers all areas of the empire from the Balkans via Anatolia, Syria, Egypt and the Gulf to the Maghrib. the results of economic advancements for social and political heritage also are mentioned during the quantity. this can be a major and pathbreaking ebook by way of essentially the most unusual fiscal historians within the box.

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II. III. IV. V. 1300 to 1477 Silver based and relatively stable currency (akcËe) of an emerging state on the trade routes of Anatolia and the Balkans. 1477 to 1585 Gold, silver, and copper coinage during a period of economic, ®scal, and political strength; the uni®cation of gold coinage, the ultimate symbol of sovereignty, the emergence of different silver currency zones within the Empire; the development of intensive networks of credit in and around urban centers. 1585 to 1690 Monetary instability arising from ®scal, economic, and political dif®culties compounded by the adverse effects of intercontinental movements of specie; the disappearance of the akcËe and increasing circulation in the Ottoman markets of foreign coins and their debased versions.

Introduction 7 One state with considerable in¯uence on Ottoman monetary practices was that of the Ilkhanids, the Mongols of Persia. Thanks to Mongol control of the long-distance trade routes from China to Western Asia where they were connected to merchants arriving from Europe, the Ilkhanids had access to large amounts of silver. After converting to Islam towards the end of the thirteenth century, they established a new monetary system in Persia and went on to produce prodigious quantities of gold and silver coinage which included some of the most interesting examples of calligraphic engraving by an Islamic state.

E. Ashtor, ``Etudes sur le SysteÁme Monetaire des Mamlouks Circassiens,'' Israel Oriental Studies 6 (1976), 264±87; B. Shoshan, ``From Silver to Copper: Monetary Changes in Fifteenth-Century Egypt,'' Studia Islamica 56 (1982), 97±116; B. Shoshan, ``Exchange Rate Policies in Fifteenth-Century Egypt,'' Journal of the Economic and Social History of the Orient 39 (1986), 28±51. Trade and money at the origins 25 east. War and the preparation for war involved much larger payments than any religious activity except the most expensive of crusades.

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