Debt, diplomacy and dreadnoughts: the National Bank of Turkey, 1909-1919
Debt, diplomacy and dreadnoughts: the National Bank of Turkey, 1909-1919
The National Bank of Turkey (NBT) (1909) was an attempt by the new Young Turk regime to assert economic sovereignty: creating a multinational bank able to provide financing free of the diplomatic conditions previously attached to loans by French banks. NBT's role financing naval rearmament and oil development has attracted a good deal of attention from historians. Using the archives of the bank's founders and Ottoman ministers alongside familiar diplomatic sources, this article is the first to combine Ottoman and European perspectives on NBT, challenging the traditional narrative which presents the Ottoman Empire as the helpless ‘victim’ of the fiscal imperialism of France, Britain and Germany in the years before 1914.
oil, foreign policy, economy
525-545
Conlin, Jonathan
3ab58a7d-d74b-48d9-99db-1ba2f3aada40
3 May 2016
Conlin, Jonathan
3ab58a7d-d74b-48d9-99db-1ba2f3aada40
Conlin, Jonathan
(2016)
Debt, diplomacy and dreadnoughts: the National Bank of Turkey, 1909-1919.
Middle Eastern Studies, 52 (3), .
(doi:10.1080/00263206.2015.1124418).
Abstract
The National Bank of Turkey (NBT) (1909) was an attempt by the new Young Turk regime to assert economic sovereignty: creating a multinational bank able to provide financing free of the diplomatic conditions previously attached to loans by French banks. NBT's role financing naval rearmament and oil development has attracted a good deal of attention from historians. Using the archives of the bank's founders and Ottoman ministers alongside familiar diplomatic sources, this article is the first to combine Ottoman and European perspectives on NBT, challenging the traditional narrative which presents the Ottoman Empire as the helpless ‘victim’ of the fiscal imperialism of France, Britain and Germany in the years before 1914.
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e-pub ahead of print date: 26 February 2016
Published date: 3 May 2016
Keywords:
oil, foreign policy, economy
Organisations:
History
Identifiers
Local EPrints ID: 388767
URI: http://eprints.soton.ac.uk/id/eprint/388767
ISSN: 0026-3206
PURE UUID: 4979f714-b219-42d3-86e1-2531592da8be
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Date deposited: 02 Mar 2016 16:47
Last modified: 15 Mar 2024 03:27
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