Abstract
This chapter examines the collapse of the Byzantine Empire in the twelfth century. Between the tenth and twelfth centuries, the Byzantine state machinery was extremely sophisticated. It directed a systematic foreign policy and maintained a developed network of diplomatic relations with neighboring powers, controlled the minting and circulation of a stable gold currency, and ran a complex bureaucratic administration. However, the empire's economic organization was primitive. The chapter analyzes the fiscal and commercial aspects of the economic organization of a provincial area of the Byzantine Empire under the Angeloi during the period 1185–1204. It suggests that the conquest and sack of Constantinople by the Fourth Crusade constitutes a collapse and disappearance of the empire in 1204, and that the establishment of a Latin Empire on Byzantine territory signals a definite break with the former Byzantine organization.
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