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Money and politics: the fate of British business in the new Turkish Republic

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This article examines the relations between the Ankara government and British financial circles in the period between the collapse of the Ottoman empire at the end of the First World War and the establishment of the new Turkish Republic in 1923. Highlighting the difficulties experienced by British business interests due to the political stance of the British government, it also calls into question the ability of such business circles to operate effectively within the new Turkey and demonstrates the new line adopted by the nationalists to British capital and to foreign financial control in the new Republic.


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