This study addresses the economic reasons of the decline and fall of the Ottoman
Empire. On the contrary to the previous researches, by undertaking both global and
domestic developments, the paper examines the decline of the empire from an
economical point of perspective. Although international developments such as
industrialization in European countries, pressure on the Ottomans in terms of
integrating with the world economy, global economic factors like depressions and
wars, as well as domestic factors such as weaknesses of the central government in
rural areas, traditional style of governing and structure of economic institutions along
with demographic characteristics of the empire had great influence on the decline,
the main reason is found to be the inability of the empire to adapt itself to the both
internal and external changes and not being resilient which resulted in significant
economical trauma
