Professional Documents
Culture Documents
Week 15
Week 15
C. Point 3:
i. Economic historians have mostly focused on the institutional change of Western Europe and
have not taken into account the institutional change of other states.
ii. According to these economic historians, the Ottoman Empire was depicted as a centralized
structure and they argued that its longevity was a complete mystery. This opinion is opposed in
the article.
IV. Case Studies or Examples
A. Case Study 1: In the sixteenth century, the Ottoman Empire allowed the use of existing monetary
systems in the newly conquered regions.
i. This flexible approach has prevented public dissatisfaction.
ii. The sultani was designated as the only gold coin of the empire and economic stability was
ensured.
B. Case Study 2: In the Ottoman Empire, cash vakifs were an important source of loans that
donated to charitable institutions using interest income.
i. Economic activities and investments have increased.
Week: 15
VI. Conclusion
A. Summary of main points: Unlike Western Europe, the Ottoman Empire made changes in
selective institutions and preserved its tradition without going through capitalist transformation.
This situation has allowed him to hold the management for a long time.
B. Final thoughts: The longevity of the Ottoman Empire is not a mystery or a coincidence, but a
result of selective institutional changes and strong central government.
C. Suggestions for further research: Further studies may investigate how the institutional changes
made in the Ottoman Empire can be adapted to today's Turkiye.