Özet:

According to Kuru’s quote from Baki Tezcan, the Ottoman is an empire that can be defined as “Crisis Emperor-Louis” as well as the ability to overcome crises. At the end of the 16th century, at the beginning of the 17th century, one of the periods of crisis that changed its economic and political structure, was actually founded in the "Second Empire". There were stones behind the inflation that began in 1580. In the middle of the 17th century, the rate of price rise only slowed. In these years, the Ottoman movement lost more than 50 percent of its value. From this new period of monetary stability circulating in the markets to the second half of the 18th century there was a significant decline in inflation, while in fact there was no decline in the amount of silver in the markets. European traders began to import high amounts of raw materials from the Ottoman markets in these years. Because the coins they bring with them contain more silver, the Europeans, who have a competitive advantage in raw materials purchases compared to the local craftsmen, have caused production in the country to decline. The domestic production could only be recovered when monetary stability was achieved in the 17th century. In the dry work of the Ottoman men mentioned the economic crisis in the past period is usually worked on two fields. The first is the monetary crisis and inflation, and the second is the competitive superiority of European traders in the Ottoman markets. But according to Kuru’s claim, the link between inflation and expansion of foreign trade in the Ottoman geography has not been sufficiently studied by academics.