The role of the ortoq in the Mongol Empire in forming business partnerships

Enerelt Enkhbold

Central Asian Survey, 2019, vol. 38, issue 4, 531-547

Abstract: This study investigates the emergence and development of business partnerships established by the Mongols and their merchant partners, ortoqs, in the Middle Ages. Ortoqs are known to have conducted trade and money-lending with the capital invested by their partners. This study shows that the contractual arrangements of Mongol–ortoq partnerships closely resembled medieval partnership contracts, such as mudharaba, inan, societas and commenda. Sophisticated concepts of liability in relation to investments and loans were developed in Mongol–ortoq partnerships, promoting trade and investment to facilitate the commercial integration of the Mongol Empire.

Date: 2019
References: Add references at CitEc
Citations:

Downloads: (external link)
http://hdl.handle.net/10.1080/02634937.2019.1652799 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:taf:ccasxx:v:38:y:2019:i:4:p:531-547

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/ccas20

DOI: 10.1080/02634937.2019.1652799

Access Statistics for this article

Central Asian Survey is currently edited by Raphael Jacquet

More articles in Central Asian Survey from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().