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The Financing of Agriculture

In: The Banking System of Cyprus

Author

Listed:
  • Kate Phylaktis

    (City University Business School)

Abstract

Cyprus during the nineteenth century was sparsely populated. The British colonial government’s census in 1881 showed that the population of Cyprus was 186,000, that is, about equal to its population at the end of the Venetian era.1 Most of the population, about 80 per cent, lived in the rural areas and worked as farmers.2 This is how a traveller to Cyprus in 1814 described their agricultural produce: Cyprus is remarkable for the finest of its fruits, wine, oil and silk; the oranges are as delicious as those of Tripoli, and the wine which is of two kinds, red and white, is sent down to the Levant, where it is manufactured for the English market. The silk is also of two kinds, yellow and white, but the former is preferred. The wheat is of superior quality, and rice might be cultivated in several parts of the island.3

Suggested Citation

  • Kate Phylaktis, 1995. "The Financing of Agriculture," Palgrave Macmillan Books, in: The Banking System of Cyprus, chapter 2, pages 23-41, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-12868-6_2
    DOI: 10.1007/978-1-349-12868-6_2
    as

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