Abstract:
This paper explores German economic involvement in Iran at the end of the nineteenth century by investigating Germany as a global aspirant and Iran as an emerging global zone. In the twilight of its decline under the Qajar shahs, Iran's sovereignty was encroached upon, its territory threatened and its economy given out in generous concessions to the European powers, who in turn handed it over to private interests: banks, mining consortia, the emerging oil industry. This paper argues that the process of Iran's carving up and hollowing out at the hands of European governments and private businesses—its economic and political subjugation when not its outright colonization--belonged to the emerging global economy; it was one of its defining factors.
Posted in