1997 Fiscal Year Final Research Report Summary
"Indigenous" Bankers in Iran at the End of the Nineteenth Century
| Project/Area Number |
07803010
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| Research Category |
Grant-in-Aid for Scientific Research (C)
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| Allocation Type | Single-year Grants |
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| Section | 一般 |
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| Research Field |
Economic history
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| Research Institution | Osaka University of Commerce |
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Principal Investigator |
MIZUTA Masashi Osaka Univ.of Commerce, Department of Commerce and Economics, Associate Professor, 商経学部, 助教授 (80219633)
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| Project Period (FY) |
1995 – 1997
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| Keywords | Iran / Qajar dynasty / Britain / Russia / international banking / Western Impact / financial history / nationalism |
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| Research Abstract |
At the end of the nineteenth century, new-type indigenous bankers appeared in Iran.
These bankers grew rapidly, but they were far behind the British and Russian banks, which were founded in Iran, in the scale of operation. The Russian bank lent a large amount of money without security to the influential iranians in order to defeat the British bank. The British bank influenced the indigenous bankers through its control over the foreign exchange market.
Many indigenous bankers went bankrupt before long.
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