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OTTOMAN TRADE RELATIONS IN THE 19th CENTURY

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Abstract

Ottoman Empire’s location and, especially Istanbul, was one of the important cities both for the Ottoman State and Europe due to trade routes and commercial transactions. The present study will focus on the trade relations between the Ottoman State and Europe in 19th century, and aimed to demonstrate the consequences of various trade transactions conducted by the state in the 19th century. While the Ottomans benefited from commercial transactions, the present paper claims that trade relations and contracts, especially, in the 19th century, created economic problems in the Empire. The negative consequences had adverse effects on the economic development of the Ottoman State in the 19th century. The aim of the present study is to demonstrate that Ottomans benefited from the reforms and commercial activities in the short term, however suffered negative consequences in 19th century as observed in history.

Suggested Citation

  • Muradov, Anar, 2018. "OTTOMAN TRADE RELATIONS IN THE 19th CENTURY," Academic Review of Humanities and Social Sciences, Bursa Teknik Üniversitesi, vol. 1(3), pages 120-129.
    • Handle: RePEc:ris:arhuss:0007
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    References listed on IDEAS

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    1. Pamuk, Sevket, 2004. "The evolution of financial institutions in the Ottoman Empire, 1600 1914," Financial History Review, Cambridge University Press, vol. 11(01), pages 7-32, April.
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    More about this item

    Keywords

    Ottoman Empire; Europe; Trade; 19th Century;
    All these keywords.

    JEL classification:

    • F18 - International Economics - - Trade - - - Trade and Environment
    • F34 - International Economics - - International Finance - - - International Lending and Debt Problems
    • F51 - International Economics - - International Relations, National Security, and International Political Economy - - - International Conflicts; Negotiations; Sanctions
    • F55 - International Economics - - International Relations, National Security, and International Political Economy - - - International Institutional Arrangements
    • N14 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations - - - Europe: 1913-

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