Impacts of wrong financial decisions on collapse of an empire: The Ottoman case

Abstract

Certain attitudes and moves, otherwise and other times considered to be insignificant, turned out to be significantly determinant in various events throughout the world history. There are eras where financial activities and money play deterministic roles for social, political and military events and actions. In this study, it is aimed to analyze approximately the last 80 years of Ottoman empire lasted for over 600 years as one of the most well known and influential governments in the world history. Through, the context of financial activities since these activities had crucial impacts in social, economical, political and even military lives during the last 80 - 100 years of the empire.