Gold For the Sultan

Western Bankers and Ottoman Finance, 1856-1881

• Author(s): C. G. A. Clay,
• Publisher: I. B. Tauris
• Pages: 698
• ISBN_10: 1860644767
  ISBN_13: 9781860644764
  
• Language: en
• Categories: Business & Economics / Economic History , Business & Economics / Finance / General , History / World , History / Modern / 19th Century , History / Middle East / Turkey & Ottoman Empire ,

Description:... The financial collapse of the Ottoman government in 1875 was a pivotal event in the history of the Middle East. Based on extensive use of both financial and diplomatic sources, this book is an economic history of Ottoman finances in the context of the larger political and diplomatic history of the Empire. It covers the reasons for the bankruptcy, examining the lack of financial controls and the consequent accumulation of debt.