University of Cambridge > Talks.cam > Early Modern Economic and Social History Seminars > The long-term financial trajectory of Ottoman foundations (Waqfs): A political economy perspective

The long-term financial trajectory of Ottoman foundations (Waqfs): A political economy perspective

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This paper traces the long-term financial trajectory of Ottoman pious foundations using a newly compiled dataset of 1,300 accounting registers from sixty foundations across the Balkans, Anatolia, the Levant, and Egypt (1575–1800). It provides the first systematic quantitative analysis based on a comprehensive empire-wide dataset. We examine how the finances of foundations—major holders of urban and rural assets and among the principal revenue claimants of the empire—evolved within broader processes of state-building and economic change. We show that although the financial and operational capacity of foundations diminished over time, most remained resilient until late eighteenth-century fiscal instability triggered marked decline. https://cam-ac-uk.zoom.us/j/87528851922?pwd=ai1om0jgLiPzH3wExGUjGnFLDGqITv.1

This talk is part of the Early Modern Economic and Social History Seminars series.

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