The Seen and the Unseen - hosted by Amit Varma cover image

Ep 349: The Incredible Insights of Timur Kuran

The Seen and the Unseen - hosted by Amit Varma

CHAPTER

The Rise of Joint Stock Companies and Western Banks in the Ottoman Empire

This chapter explores the emergence of joint stock companies and the challenges faced by Western banks in the Ottoman Empire, including the lack of trust in the local legal system and the slow transition from a personal to an impersonal economy.

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