Bringing together cultural, economic and social historians from across Europe and beyond, this volume offers a consideration from a number of perspectives of the principal forces that further integrated the Ottoman Empire and Western Europe during the first century of industrialisation. The essays not only review and analyse the commercial, financial and monetary factors, negative as well as positive, that bore upon the region's initial stages of modern transformation, but also provide a ready introduction to major aspects of the economy and society of the Ottoman Empire in the nineteenth century. Beginning with two chapters providing the context to the development of Ottoman relations with Western Europe up to the second half of the nineteenth century, the collection then moves on to explore more specific questions of trade links, the impact of improved transportation and communications, the development and changing nature of Ottoman finance and banking, as well as European investment in Turkey. The outcome is a broad ranging consideration of how all these issues played a fundamental role in the final decades of the Ottoman Empire and the emergence of Turkey as a modern state with links to both east and west. The essays in this collection derive from the EABFH colloquium held in the Imperial Mint, Istanbul, in October 1999.

The collapse of communism in Central, East and South-East Europe (CESEE) led to great hopes for the region and for Europe. A quarter of a century on, the picture is mixed: in many CESEE countries, the transformation process is incomplete, and the economic catch-up has taken longer than anticipated. The current situation has highlighted the need for a better understanding of the long-term political and economic implications of the Central, East and South-East European historical experience. This thematically organised text offers a clear and comprehensive guide to the economic history of CESEE from 1800 to the present day. Bringing together authors from both East and West, the book also draws on the cutting-edge research of a new generation of scholars from the CESEE region. Presenting a thoroughly modern overview of the history of the region, the text will be invaluable to students of economic history and CESEE area studies.

In this insightful volume, a range of scholars from different backgrounds and disciplines delves into the intricate world of Levantine Studies, unraveling the multifaceted history, identities, and communities that have shaped the region. Spanning the long nineteenth century until the present day, this collection offers a fresh and nuanced perspective on the Levant, challenging traditional paradigms and shedding light on previously unexplored aspects of Levantine life. Through their meticulous research and compelling narratives, the authors explore the hidden histories of marginalized populations, examine the formation of communal ties beyond conventional affiliations, and shed light on the daily complexities of Levantine life through the lens of individual experiences and microhistories. As the field has undergone shifts in focus and methodology, this volume reflects – and pushes the boundaries of – the diversity and complexity of contemporary Levantine Studies. It opens up new avenues for research and grapples with the pressing questions of our era, including the environmental and material foundations of cosmopolitan lifestyles, the sociocultural reverberations of imperialism, and the impact of global crisis on our understanding of the Levant. With its rich insights and thought-provoking analysis, Levantines of the Ottoman World: Communities, Identities, and Cultures offers a compelling and comprehensive exploration of Levantine Studies that will captivate readers, offer an indispensable resource for scholars, and spark further inquiry into this fascinating field.

Banking historiography often does not sufficiently take into account bankers’ deliberations of their decision making, but rather limits investigation to considerations of profit maximisation. This book shows that the decision-making processes of nineteenth-century bankers contemplating high-risk financial markets like Greece are just as complex as present-day investment decisions. The book, now published in English after a first German edition, offers in-depth studies of decision making in concrete historical situations, considering political and economic circumstances and also the individual background of the actors concerned, including a reflection on the influence of cultural movements such as Philhellenism. Employing methodological inspirations from the field of behavioural finance, the book analyses a broad range of published and unpublished English, French, Greek, German and Swiss sources on European investment in Greece between 1821 and the Balkan wars. Additionally, rich insights into Greek economic history, the economic integration of the country into Europe and long-lasting European stereotypes of Southern Europe and Greece are provided; this furthers understanding of the historical background of the Greek financial crisis after 2009. In combining the perspectives of financial, economic, political and cultural history, this book is primarily significant for students of various fields of historiography. Due to its strong awareness of methodological questions, it is also of great interest to academic historians. In addition, the strong public interest in the Greek financial crisis after 2009 and its consequences for Europe will, thirdly, attract the interest of a broader public.

Until recently, the historiography of Middle Eastern economic elites during the first globalization has ignored the significant role played by Muslim tujjār (big merchant-entrepreneurs). Foreign firms and local minorities were considered the prime agents of economic change and the initiators of economic growth. The 12 studies in this volume show that the Muslim tujjār played a major economic role in various regions of the Middle East during the late nineteenth and early twentieth centuries. Their investments, mainly in commercial agriculture, resulted in economic growth and changed economic structures and social relations in many Middle Eastern communities. They were also involved in political developments, some of which had a dramatic effect on the history of their countries, as for instance in late Qajar Iran. They also played a unique role in the process of cultural change. Although they supported the ʿulamāʾ financially, they also contributed to the establishment of new educational and cultural institutions. The story of the tujjār is unique in the sense that it was the only indigenous elite group in the pre-World War I Middle East to bridge between traditional forces and concepts and Western attitudes and practices. (CS 1108).

Global biographies provides an advanced and comprehensive analytical framework for historians to use biography as a method to write global history. Moving beyond the state-of-the-art, the volume defines and operationalises three uniquely tailored approaches to global biographies: ‘time and periodisation’, ‘exceptional normal’ and ‘space and scales’. From Icelandic communists and Jewish medical students, via Zambian Third Worldism and Albanian nationalism, to the Black/White Atlantic and Australian internationalists, the volume tests the prospects and pitfalls of the approaches it launches.

1. Empire without sovereignty: the political economy of French informal imperialism -- 2. Algeria, informal empire manqué -- 3. Champagne capitalism: the commodification of luxury and the French empire of taste -- 4. Conquest by money: the geopolitics and logistics of investment colonization -- 5. Agents of informal empire: French expatriates and extraterritorial jurisdiction in Egypt.

Volume 33 contains articles on the economic history of Europe, America and Asia and brings new analysis, and newly created datasets to address issues of interest. Two papers focus on the US and contribute to our understanding of the Great Depression.

From the bestselling author of The Ascent of Money and The Square and the Tower “A dazzling history of Western ideas.” —The Economist “Mr. Ferguson tells his story with characteristic verve and an eye for the felicitous phrase.” —Wall Street Journal “[W]ritten with vitality and verve . . . a tour de force.” —Boston Globe Western civilization’s rise to global dominance is the single most important historical phenomenon of the past five centuries. How did the West overtake its Eastern rivals? And has the zenith of Western power now passed? Acclaimed historian Niall Ferguson argues that beginning in the fifteenth century, the West developed six powerful new concepts, or “killer applications”—competition, science, the rule of law, modern medicine, consumerism, and the work ethic—that the Rest lacked, allowing it to surge past all other competitors. Yet now, Ferguson shows how the Rest have downloaded the killer apps the West once monopolized, while the West has literally lost faith in itself. Chronicling the rise and fall of empires alongside clashes (and fusions) of civilizations, Civilization: The West and the Rest recasts world history with force and wit. Boldly argued and teeming with memorable characters, this is Ferguson at his very best.

The Global Financial Crisis made its first appearance in Britain towards the end of 2007 with the failure of the Northern Rock Bank. It then reached an unparalleled intensity a year later when the government was forced to intervene to prevent the collapse of Lloyds/HBOS and RBS/Natwest. Before these events the British banking system possessed a long established reputation for resilience and competence that made it one of the most admired and trusted in the world. The financial crisis of 2007/8, and the subsequent revelations about the behaviour of bankers, destroyed that reputation and drove a desire for a complete reform of the British banking system. Forgotten in this headlong rush towards radical restructuring were the reasons why the British banking system had become so admired and trusted. The aim of this book is to explain why the British banking system gained its reputation for resilience and competence, maintained it for over 100 years, and then lost it in such a rapid and spectacular fashion. To achieve that aim requires a study of the entire banking system. Banks are key components of a complex financial system continually interacting with each other, and constantly changing over time, This makes the conventional distinctions drawn between different types of banks, including those specialising in international finance, savings and loans, corporate lending, and retail deposits and borrowing, inappropriate for any long-term analysis. The distinctions between different types of banks were neither absolute nor permanent but relative and temporary. Banks were also central to both the payments system and the money market without which no modern economy could function. What this book is about is the development of the British banking system as a whole over more than three centuries. Only with such an understanding is it possible to appreciate what the British banking system achieved and then maintained from the middle of the 19th century onwards, why it was lost in such a short space of time, and what needs to be done to return it to the position it once occupied. Without such an understanding the mistakes of the recent past are destined to be repeated time and gain.