The Ottoman Debts Case in The Treaty of Lausanne
Journal Title: Journal of the Human and Social Science Researches - Year 2016, Vol 5, Issue 6
Abstract
Once The Treaty of Lausanne is signed by removing the provisions of Treaty of Sevres, The Turkish Republic is established in terms of legal, economic and finacial basis and designated its boundaries. The newly established Turkish Republic discussed for the clearance and arrangenment of the Ottoman debts in a different session during Lausanne Negotiations. The negotiations lasting till 1928, at last settled with an agreement in Paris and Turkey became the first state among newly established sixteen state who bears the biggest burden in terms of loan. The efforts of the Western states for deleting Ottoman Empire financially continued also during the Treaty of Lausanne. However, the main idea of Lausanne is total sovereignty despite of the exhaustion of First World War and Turkish War of Independence. This study focuses on the loans that came into the property of Turkish government especially after Ottoman Foreign Loans Administration and aims to prove the unfair loan allocation among the newly established states on the Ottoman territories. The analysis shows that the session in which financial subjects are on the agenda, foremost challenges Turkey during Lausanne Negotiations.
Authors and Affiliations
Hatice Bahar AŞCI| Yrd. Doç. Dr., Karabük Üniversitesi İİBF baharasci@gmail.com
Keywords
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