In the first half of the eighteenth century, Central Asia’s Bukharan Khanate descended into a crisis from which it would not recover. Bukharans suffered failed harvests and famine, a severe fiscal downturn, invasions from the north and the south, rebellion, and then revolution. To date, efforts to identify the cause of this crisis have focused on the assumption that the region became isolated from early modern globalizing trends. The Bukharan Crisis exposes that explanation as a flawed relic of early Orientalist scholarship on the region.