Set and Forget? The Evolution of Business Law in the Ottoman Empire and Turkey

Date

2021-06-01

Author

Ağır, Münis Seven

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This study examines the transplantation and evolution of business law in the late Ottoman Empire and the early Turkish republic, drawing broader implications for the economic and political determinants of legal transplantation for late industrializers. We show that the underlying political economy context was influential in shaping the way commercial law was transplanted and evolved in Turkey. Extraterritorial rights in the nineteenth century eroded the incentives to demand legal change by providing alternative legal rules to the non-Muslim commercial elite; the nation-building efforts of the twentieth century cultivated a new Muslim business class that was reliant on the state's goodwill for success and could not effectively push for more open access to novel forms of business organization.

Subject Keywords

Business and government relations, Government and politics, Legal transplants, Commercial law, Turkey, Ottoman Empire

URI

https://www.cambridge.org/core/journals/business-history-review/article/set-and-forget-the-evolution-of-business-law-in-the-ottoman-empire-and-turkey/0795F02A275A1C3BDADEED1A24CDD03B
https://hdl.handle.net/11511/91059

Journal

Business History Review

DOI

https://doi.org/10.1017/s000768052000094x

Collections

Department of Economics, Article

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Citation Formats

M. S. Ağır, “Set and Forget? The Evolution of Business Law in the Ottoman Empire and Turkey,” Business History Review, pp. 1–36, 2021, Accessed: 00, 2021. [Online]. Available: https://www.cambridge.org/core/journals/business-history-review/article/set-and-forget-the-evolution-of-business-law-in-the-ottoman-empire-and-turkey/0795F02A275A1C3BDADEED1A24CDD03B.