 A Banker Family In Ottoman Economy and Finance System: CamondosSerap Barış and
Uğurcan Özel
Journal of Finance Letters (Maliye ve Finans Yazıları), 2018, vol. 33, issue 109, 107-144 Abstract: Since the XVIII century, the Ottoman Empire has often faced economic and financial difficulties. Due to the wars that followed, the increasing army and the cost of the palace, financial crises have become permanent. One of the ways in which they resor¬ted to borrowing money from major currencies, known as “Ga¬lata Bankers”, in order to close up the increased budget deficits. Among these borrowed bankers was the Camondo family. The purpose of this study is to examine the financial and economic re¬lations of the Camondo family, one of the most influential bankers of the XIX century, with the Ottoman Empire. The end result of the study is that the Camondo family influenced the Ottoman Empire in many economic and political terms not only in the finance (ban¬king) area, but also in the establishments, the loans, the political relations with the Ottoman statesmen and the privileges granted in the capital Istanbul as a Jewish family. Keywords: Camondo’s; Galata Bankers; Banking; Ottoman Empire (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:acc:malfin:v:33:y:2018:i:109:p:107-144 DOI: 10.33203/mfy.332514 Access Statistics for this article Journal of Finance Letters (Maliye ve Finans Yazıları) is currently edited by Süleyman Kale More articles in Journal of Finance Letters (Maliye ve Finans Yazıları) from Maliye ve Finans Yazıları Yayıncılık Ltd. Şti. |
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