University of Cambridge > Talks.cam > Financial History Seminar > 'Ottoman State Finances in European Perspective, 1500-1914'

'Ottoman State Finances in European Perspective, 1500-1914'

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The early modern era witnessed the formation across Europe of centralized states that captured increasing shares of resources as taxes. These states not only enjoyed greater capacity to deal with domestic and external challenges, they were also able to shield their economies better against wars. This paper examines the Ottoman experience with fiscal centralization using recently compiled evidence from budgets. It shows that primarily due to the high shares of intermediaries, Ottoman revenues lagged behind those of other states in the 17th and 18th centuries. Ottomans responded to military defeats, however, and achieved significant increases in central revenues during the 19th century.

This lecture will be followed by a drinks reception from about 6.45 to 7.15. For details email ddc22.

This talk is part of the Financial History Seminar series.

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