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Mercati informali del credito agrario nella Palestina di fine Impero Ottomano: un'analisi dell'evoluzione dei contratti bay-wafa, salam e muzaraah nel distretto di Haifa (1890-1915)
[Informal rural credit markets in late Ottoman Palestine: an analysis of bay-wafa, salam and muzaraah contracts in the District of Haifa (1890-1912)]

Author

Listed:
  • Ecchia, Stefania

Abstract

The paper examines the role of the informal rural credit markets in the palestinian agricultural development at the end of the Ottoman Empire. The analysis starts from the long term effects of the legal reforms, particularly the Ottoman Land Code, on the performance of these markets. Such effects are evident in the evolution of bay-wafa, salam and muzaraah contracts, typical of the rural credit markets, that are recorded in the acts of the Public Notary of Haifa during the years 1890-1915. These contracts show an emerging network of interlinked credit markets, managed by the local notables, at the core of the agricultural growth of late Ottoman Palestine.

Suggested Citation

  • Ecchia, Stefania, 2012. "Mercati informali del credito agrario nella Palestina di fine Impero Ottomano: un'analisi dell'evoluzione dei contratti bay-wafa, salam e muzaraah nel distretto di Haifa (1890-1915) [Informal rural," MPRA Paper 36985, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:36985
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    References listed on IDEAS

    as
    1. Bardhan, Pranab K, 1980. "Interlocking Factor Markets and Agrarian Development: A Review of Issues," Oxford Economic Papers, Oxford University Press, vol. 32(1), pages 82-98, March.
    2. Issawi, Charles, 1988. "The Fertile Crescent, 1800-1914: A Documentary Economic History," OUP Catalogue, Oxford University Press, number 9780195049510.
    3. Timur Kuran, 2004. "Why the Middle East is Economically Underdeveloped: Historical Mechanisms of Institutional Stagnation," Journal of Economic Perspectives, American Economic Association, vol. 18(3), pages 71-90, Summer.
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    More about this item

    Keywords

    Ottoman Palestine; informal rural credit markets; Ottoman Land Code;
    All these keywords.

    JEL classification:

    • N45 - Economic History - - Government, War, Law, International Relations, and Regulation - - - Asia including Middle East
    • N55 - Economic History - - Agriculture, Natural Resources, Environment and Extractive Industries - - - Asia including Middle East
    • N0 - Economic History - - General
    • N25 - Economic History - - Financial Markets and Institutions - - - Asia including Middle East

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