Skip to main content Accessibility help
×
Hostname: page-component-68945f75b7-qf55q Total loading time: 0 Render date: 2024-08-06T03:21:11.542Z Has data issue: false hasContentIssue false

6 - The financial system of the Ottoman Empire at the death of Suleiman I

Published online by Cambridge University Press:  05 March 2012

Get access

Summary

Though separated by over seven centuries the Ottoman Empire at the death of Suleiman the Magnificent and the Abbasid caliphate at the death of Harun al Rashid were very similar in location, population, and political, economic, and financial structure. Eastern Anatolia, Mesopotamia, Arabia, Syria, Egypt, and the eastern part of the Maghreb were common to both empires. Although the Ottoman Empire did not include Iran and Sind, it did include Western Anatolia, the Balkans, and Hungary. Both empires had close to 30 million inhabitants and hence a similar density of population. Both were predominantly Muslim, but tolerant of religious minorities, and the Koran and the Sharia, the canon law of Islam, provided the framework for daily life. Arabic was the lingua franca in both. Politically, both were autocracies, the monarch being the religious as well as the civil head of the state. Both were primarily agricultural with a low degree of urbanization. Foreign trade played a minor role in their economy and their financial system was rudimentary. Finally, the level of real national product probably was not very different, though possibly somewhat higher in the Ottoman Empire. Changes in the techniques of agriculture, manufacturing, transportation, trading, and government as well as private finance were small for a distance of threefourths of a millennium (cf. Inalcik 1969, p. 135).

Type
Chapter
Information
Premodern Financial Systems
A Historical Comparative Study
, pp. 80 - 93
Publisher: Cambridge University Press
Print publication year: 1987

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)

Save book to Kindle

To save this book to your Kindle, first ensure coreplatform@cambridge.org is added to your Approved Personal Document E-mail List under your Personal Document Settings on the Manage Your Content and Devices page of your Amazon account. Then enter the ‘name’ part of your Kindle email address below. Find out more about saving to your Kindle.

Note you can select to save to either the @free.kindle.com or @kindle.com variations. ‘@free.kindle.com’ emails are free but can only be saved to your device when it is connected to wi-fi. ‘@kindle.com’ emails can be delivered even when you are not connected to wi-fi, but note that service fees apply.

Find out more about the Kindle Personal Document Service.

Available formats
×

Save book to Dropbox

To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Dropbox.

Available formats
×

Save book to Google Drive

To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Google Drive.

Available formats
×