"THE ROLE AND SIGNIFICANCE OF ULUGH BEG'S MONETARY REFORM IN THE FORMATION OF THE ECONOMIC SYSTEM OF MOVAROUNNAHR"
Authors/Creators
- 1. Jarkurgan District Vocational Technical School No. 1 Teacher of History
Description
This article analyzes the monetary reform implemented by Mirzo Ulugh Beg, a descendant of Amir Timur, and its role and significance in the formation of Mawarannahr's economic system. The research scientifically examines the reasons for implementing the reform, its main directions, the stabilization of monetary circulation, and its impact on trade relations.
Additionally, changes in the tax system, urban economic life, international trade relations, and state financial policy resulting from the monetary reform are analyzed based on historical sources. The article evaluates the impact of Ulugh Beg's reforms not only on short-term economic stability but also on the region's subsequent stages of economic development. The research results can be used in scholarly investigations on economic history, numismatics, and the history of financial policy.
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Additional details
References
- Davidovich E.A. The History of Medieval Central Asian Monetary Circulation (Copper Coins in Mawarannahr in the 15th – first half of the 16th century). – Moscow: Nauka, 1983. – 359 p.
- Davidovich E.A. The History of Coin Minting in Central Asia in the 17th-18th centuries (Gold and Silver Coins of the Janid Dynasty). – Dushanbe, 1964.
- Rtveladze E.V. Ancient Coins of Central Asia. – Tashkent, 1987.
- Fedorov-Davydov G.A. Tales Told by Coins. (Numismatics). – Moscow, 1963.