This paper studies the relationship between commodity markets in two key regions of the international economy during the 1469-1914 period: the Ottoman Empire and Europe. By providing evidence on what thus far has been largely a qualitative discussion, we propose the first comprehensive empirical...

This paper undertakes an investigation of the process of decline and rebirth of textile manufacturing in two Middle Eastern regions, Egypt and western Anatolia during the first wave of globalisation (1850-1914). Through the application of the “Dutch Disease” model we explore the linkages...