Abstract
When discussing South East Europe, the Ottoman Empire stands out in history as a prime candidate for an inquiry on historical path-dependence of institutions in the region. This paper analyzes the historical origins of the Ottoman legacy and identifies the legacy with particular pertinence to the economic performance of the South East European states. It distinguishes the legacy in relation to social values and beliefs as the one, which has had the most persistent and profound effect on the Ottoman successor states' paths of economic development.
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