Murat Birdal-The Political Economy of Ottoman Public Debt Insolvency and European Financial Control in the late Nineteenth Century

Murat Birdal is Assistant Professor in the Department of
Economics at Istanbul University. He received his Ph.D. in
Political Economy from the University of Southern
California.

L IBRARY OF O TTOMAN S TUDIES
Series ISBN: 978-1-84885-245-7
See www.ibtauris.com/LOS for a full list of titles
7.
The Ottoman Empire and the World around it
Suraiya Faroqhi
978 1 85043 715 4
8. Ottoman Reform and Muslim Regeneration
Weismann Zachs
978 1 85043 757 4
9. Governing Property, Making the Modern
State: Law, Administration and Production
in Ottoman Syria
Martha Mundy and
Richard Saumarez Smith
978 1 84511 291 2
10. The Crescent and the Eagle: Ottoman Rule,
Islam and the Albanians, 1874–1913
George Gawrych
978 1 84511 287 5
11. Guarding the Frontier:
Ottoman Border Forts and Garrisons in Europe
Mark L. Stein
978 1 84511 301 8
12. Ottomans, Turks and the Balkans:
Empire Lost, Relations Altered
Ebru Boyar
978 1 84511 351 3
13. Ottoman Propaganda and Turkish Identity:
Literature in Turkey During World War I
Erol Koroglu
978 1 84511 490 9
14. Ottomans Looking West?
The Origins of the Tulip Age and
its Development in Modern Turkey
Can Erimtan
9781845114916
15. Women in the Ottoman Balkans:
Gender, Culture and History
Amila Buturovic and Irvin Cemil Schick
(eds)
978 1 84511 505 0
16. Innovation and Empire in Turkey:
Sultan Selim III and the Modernisation
of the Ottoman Navy
Tuncay Zorlu
978 1 84511 694 1
17. Artisans of Empire:
Crafts and Craftspeople Under the Ottomans
Suraiya Faroqhi
978 1 84511 588 3
18. The Political Economy of Ottoman Public
Debt: Insolvency and European Financial
Control in the Late Nineteenth Century
Murat Birdal
978 1 84885 298 3
19. Ottoman Women:
A Social History from the Nineteenth
and Twentieth Centuries
Duygu Koksal and Anastassia Falierou
978 1 84511 778 8
20. The Young Ottomans: Turkish Critics of the
Eastern Question in the Late Nineteenth Century
Nazan Çiçek
978 1 84885 333 1
21. The British in the Levant:
Trade and Perceptions of the Ottoman
Empire in the Eighteenth Century
Christine Laidlaw
978 1 84885 335 5
22. The Ottoman Origins of Modern Iraq:
Political Reform, Modernization and
Development in the Nineteenth Century
Middle East
Ebubekir Ceylan
978 1 84885 425 3
23. Cities of the Mediterranean:
From the Ottomans to the Present Day
Meltem Toksözö and Biray Kolluoğlu
(eds)
978 1 84885 127 6

THE POLITICAL
ECONOMY OF
OTTOMAN PUBLIC
DEBT
Insolvency and European Financial Control
in the Late Nineteenth Century
MURAT BİRDAL
TAURIS ACADEMIC STUDIES
an imprint of
I.B.Tauris Publishers
LONDON ● NEW YORK

Published in 2010 by Tauris Academic Studies
An imprint of I.B.Tauris & Co Ltd
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Copyright © 2010 Murat Birdal
The right of Murat Birdal to be identified as the author of this work has been asserted by the
author in accordance with the Copyright, Designs and Patent Act 1988.
All rights reserved. Except for brief quotations in a review, this book, or any part thereof,
may not be reproduced, stored in or introduced into a retrieval system, or transmitted, in any
form or by any means, electronic, mechanical, photocopying, recording or otherwise, without
the prior written permission of the publisher.
Library of Ottoman Studies 18
ISBN 978 1 84885 298 3
A full CIP record for this book is available from the British Library
A full CIP record for this book is available from the Library of Congress
Library of Congress catalog card: available
Printed and bound in India by Thomson Press (India)
Camera-ready copy edited and supplied by the author