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Uneven Centuries$
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Sevket Pamuk

Print publication date: 2018

Print ISBN-13: 9780691166377

Published to Princeton Scholarship Online: May 2019

DOI: 10.23943/princeton/9780691166377.001.0001

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Opening to Foreign Trade and Investment

Opening to Foreign Trade and Investment

(p.112) 5 Opening to Foreign Trade and Investment
Uneven Centuries

Şevket Pamuk

Princeton University Press

This chapter analyzes the economic consequences of the reforms and the opening of the economy to international trade and investment. The reform efforts of the Ottoman government had important implications for the economy throughout the nineteenth century. For political support against external and internal threats as well as support for the reform process itself, the government often turned to western European states. The recurring financial needs of the central government only added to this search for external support. The chapter examines the basic trends in international trade and European direct investment in Turkey and then turns to the changing patterns of production, the growing commercialization of agriculture, and the decline in crafts-based manufacturing activities.

Keywords:   Ottoman government, reforms, international trade, investment, external support, western European states, Turkey, agriculture

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