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The first comprehensive history of the Turkish economy The population and economy of the area within the present-day borders of Turkey has consistently been among the largest in the developing world, yet there has been no authoritative economic history of Turkey until now. In Uneven Centuries, Sevket Pamuk examines the economic growth and human development of Turkey over the past two hundred years. Taking a comparative global perspective, Pamuk investigates Turkey's economic history through four periods: the open economy during the nineteenth-century Ottoman era, the transition from empire to nation-state that spanned the two world wars and the Great Depression, the continued protectionism and import-substituting industrialization after World War II, and the neoliberal policies and the opening of the economy after 1980. Making use of indices of GDP per capita, trade, wages, health, and education, Pamuk argues that Turkey's long-term economic trends cannot be explained only by immediate causes such as economic policies, rates of investment, productivity growth, and structural change. Uneven Centuries offers a deeper analysis of the essential forces underlying Turkey's development-its institutions and their evolution-to make better sense of the country's unique history and to provide important insights into the patterns of growth in developing countries during the past two centuries.
Originally published in 1987, this book examines the consequences of the nineteenth-century economic penetration of Europe into the Ottoman Empire. Professor Pamuk makes subtle use of a very wide range of sources encompassing the statistics of most of the European countries and Ottoman records not previously tapped for this purpose. His economic and quantitative analysis established the long-term trends of Ottoman foreign trade and European investment in the Empire. The later chapters focus on the commercialisation of agriculture and the decline as well as the resistance of handicrafts. Geographically, most of the volume focuses on the area within the 1911 borders of the Empire - Turkey, northern Greece, Greater Syria and Iraq. Professor Pamuk compares the relationship of the Ottoman Empire to the world economy with that of other parts of the non-European world and concludes that the two distinguishing features of the Ottoman case were the environment of Great Power rivalry and the ability of the government to react against European pressures.
This important book on economic development in the modern Middle East examines, for the first time, the separate national economies of the Arab states, including the Gulf, Israel, and Turkey, from 1918 to the present. It describes the main trends within each economy based on the best available statistical data, and answers larger questions concerning the long-term growth of the countries, first in the colonial period, then in the periods characterized by planning and development, followed by the first steps toward liberalization and structural adjustment. It evaluates government policy in promoting the protection of imports and in advancing market economies. Policies employed by the oil-producing states to build new institutional structures based on near unlimited supplies of capital and labor are also examined. The Middle East economies are placed in their proper international context, and questions of colonialism and labor migration are discussed. The authors evaluate where the Middle Eastern economies are now, and speculate about how they may develop in the future.
This major contribution to Ottoman history is now published in paperback in two volumes: the original single hardback volume (1995) has been widely acclaimed as a landmark in the study of one of the most enduring and influential empires of modern times. The authors provide a richly detailed account of the social and economic history of the Ottoman region, from the origins of the Empire around 1300 to the eve of its destruction during World War One. The breadth of range and the fullness of coverage make these two volumes essential for an understanding of contemporary developments in both the Middle East and the post-Soviet Balkan world.
The Ottoman empire stood at the crossroads of intercontinental trade at the dawn of the era of capitalism. This volume examines the monetary history of that empire from its beginnings in the fourteenth century to the end of the first world war. Through a detailed examination of the currencies and related institutions of an empire which stretched from the Balkans through Anatolia, Syria, Egypt and the Gulf to the Maghrib, the book demonstrates the complexity of the monetary arrangements and their evolution in response to both local developments and global economic forces. The volume also affords some valuable insights into social and political history and the evolution of Ottoman institutions. This is an important book by one of the most distinguished economic historians in the field.
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