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UMDeconweb.umd.edu/~kalemli/assets/workingpapers/JDE_FINAL.pdfOttoman Empire investors — as of 1914, FDI from France, Germany, and the U.K. constituted 96% of total foreign direct

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Page 1: UMDeconweb.umd.edu/~kalemli/assets/workingpapers/JDE_FINAL.pdfOttoman Empire investors — as of 1914, FDI from France, Germany, and the U.K. constituted 96% of total foreign direct
Page 2: UMDeconweb.umd.edu/~kalemli/assets/workingpapers/JDE_FINAL.pdfOttoman Empire investors — as of 1914, FDI from France, Germany, and the U.K. constituted 96% of total foreign direct
Page 3: UMDeconweb.umd.edu/~kalemli/assets/workingpapers/JDE_FINAL.pdfOttoman Empire investors — as of 1914, FDI from France, Germany, and the U.K. constituted 96% of total foreign direct
Page 4: UMDeconweb.umd.edu/~kalemli/assets/workingpapers/JDE_FINAL.pdfOttoman Empire investors — as of 1914, FDI from France, Germany, and the U.K. constituted 96% of total foreign direct
Page 5: UMDeconweb.umd.edu/~kalemli/assets/workingpapers/JDE_FINAL.pdfOttoman Empire investors — as of 1914, FDI from France, Germany, and the U.K. constituted 96% of total foreign direct
Page 6: UMDeconweb.umd.edu/~kalemli/assets/workingpapers/JDE_FINAL.pdfOttoman Empire investors — as of 1914, FDI from France, Germany, and the U.K. constituted 96% of total foreign direct
Page 7: UMDeconweb.umd.edu/~kalemli/assets/workingpapers/JDE_FINAL.pdfOttoman Empire investors — as of 1914, FDI from France, Germany, and the U.K. constituted 96% of total foreign direct
Page 8: UMDeconweb.umd.edu/~kalemli/assets/workingpapers/JDE_FINAL.pdfOttoman Empire investors — as of 1914, FDI from France, Germany, and the U.K. constituted 96% of total foreign direct
Page 9: UMDeconweb.umd.edu/~kalemli/assets/workingpapers/JDE_FINAL.pdfOttoman Empire investors — as of 1914, FDI from France, Germany, and the U.K. constituted 96% of total foreign direct
Page 10: UMDeconweb.umd.edu/~kalemli/assets/workingpapers/JDE_FINAL.pdfOttoman Empire investors — as of 1914, FDI from France, Germany, and the U.K. constituted 96% of total foreign direct
Page 11: UMDeconweb.umd.edu/~kalemli/assets/workingpapers/JDE_FINAL.pdfOttoman Empire investors — as of 1914, FDI from France, Germany, and the U.K. constituted 96% of total foreign direct
Page 12: UMDeconweb.umd.edu/~kalemli/assets/workingpapers/JDE_FINAL.pdfOttoman Empire investors — as of 1914, FDI from France, Germany, and the U.K. constituted 96% of total foreign direct
Page 13: UMDeconweb.umd.edu/~kalemli/assets/workingpapers/JDE_FINAL.pdfOttoman Empire investors — as of 1914, FDI from France, Germany, and the U.K. constituted 96% of total foreign direct
Page 14: UMDeconweb.umd.edu/~kalemli/assets/workingpapers/JDE_FINAL.pdfOttoman Empire investors — as of 1914, FDI from France, Germany, and the U.K. constituted 96% of total foreign direct
Page 15: UMDeconweb.umd.edu/~kalemli/assets/workingpapers/JDE_FINAL.pdfOttoman Empire investors — as of 1914, FDI from France, Germany, and the U.K. constituted 96% of total foreign direct
Page 16: UMDeconweb.umd.edu/~kalemli/assets/workingpapers/JDE_FINAL.pdfOttoman Empire investors — as of 1914, FDI from France, Germany, and the U.K. constituted 96% of total foreign direct
Page 17: UMDeconweb.umd.edu/~kalemli/assets/workingpapers/JDE_FINAL.pdfOttoman Empire investors — as of 1914, FDI from France, Germany, and the U.K. constituted 96% of total foreign direct
Page 18: UMDeconweb.umd.edu/~kalemli/assets/workingpapers/JDE_FINAL.pdfOttoman Empire investors — as of 1914, FDI from France, Germany, and the U.K. constituted 96% of total foreign direct