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The Economy of Turkey since Liberalization

The Economy of Turkey since Liberalization
Author: V. Balasubramanyam
Publisher: Springer
Total Pages: 215
Release: 2016-07-27
Genre: Business & Economics
ISBN: 1349244643

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Many developing countries have embarked on liberalisation programmes in recent years. One such programme which has attracted wide attention and posed a number of analytical issues is that undertaken by Turkey during the 1980s. The nine essays in this volume provide an analytical review of recent developments in relation to Turkey's economic transactions. The primary focus of most of the essays is on the impact of trade and investment liberalization policies of Turkey on Turkey's foreign trade and growth. A feature of the book is the in-depth empirical analysis of the issues grounded in recent trade and investment theories.


Economic Liberalisation and Turkey

Economic Liberalisation and Turkey
Author: Sübidey Togan
Publisher: Routledge
Total Pages: 337
Release: 2010-04-05
Genre: Business & Economics
ISBN: 1136995161

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The experience of Turkey, its approach to liberalization and its measures to eliminate barriers to trade serve as a useful model for other neighboring countries of the European Union. This book examines the impact of economic liberalization in Turkey and its approach to the elimination of barriers to trade.


The Costs of Economic Liberalization in Turkey

The Costs of Economic Liberalization in Turkey
Author: Mehmet Odekon
Publisher: Lehigh University Press
Total Pages: 184
Release: 2005
Genre: Business & Economics
ISBN: 9780934223751

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This book's main theme is that the neoliberal economic policies forced on developing countries by the International Monetary Fund and the World Bank serve the interests of Western industrial countries more than those of developing countries, as the post-1980 Turkish experience illustrates. Within a simple dependency-oriented framework the book presents the effects of liberalization policies in Turkey. These policies were mostly concerned with allocative efficiency, disregarding distributional efficiency issues. The results were not always socially or politically desirable. These policies consistently favored capital over labor and created an economic system that made the rich richer and the poor poorer. Privatization, in the name of raising allocative efficiency, contributed to increasing inequality and poverty. Anti-inflationary policies, debt-reduction schemes, environmental policies, and agricultural reforms all favored the interests of high-income groups. transferring surplus from the national metropolis to the international metropolis, or by restructuring the developing countries' output, input, and financial markets so that any exchange between developing and industrial countries would


Liberalization and the Turkish Economy

Liberalization and the Turkish Economy
Author: Tevfik Nas
Publisher: Praeger
Total Pages: 248
Release: 1988-09-16
Genre: Business & Economics
ISBN:

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This work consists of original essays and analyses that focus on aspects of the stabilization and liberalization of Turkey between 1980 and 1987. It outlines the problems of liberalization in a highly protective and inward-looking policy environment such as Turkey. The essays also explore several prospects that could assist Turkey's transition to an outward-looking, free-market economy. Liberalization and the Turkish Economy provides fresh and timely perspectives on a modern-day economy. The analysis of the conributors will be informative to those involved in the study of economic trends in Turkey and worldwide.


The Turkish Economy

The Turkish Economy
Author: Sumru Altug
Publisher: Psychology Press
Total Pages: 340
Release: 2006
Genre: Business & Economics
ISBN: 9780415365925

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Including contributions from noted international scholars, this collection of papers provides a strong theoretical and empirical underpinning for the discussion of major public policy issues facing Turkey today. Matters addressed include:- determinants of growth and productivity- education and human capital accumulation- income inequality- corporate control and government- performance of the government sector- impact of major public policy issues on the future growth prospects of the Turkish economy.This volume relates the impact of major public policy issues on the future growth prospects of the Turkish economy. At a time when Turkey is currently attempting to gain membership to the European Union, this pertinent reference questions whether the country's economy is in fact ready for EU accession and membership.


The Political Economy of Regulation in Turkey

The Political Economy of Regulation in Turkey
Author: Tamer Çetin
Publisher: Springer Science & Business Media
Total Pages: 251
Release: 2011-01-12
Genre: Political Science
ISBN: 1441977503

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The Political Economy of Regulation in Turkey brings together leading international scholars and experts on Turkey and regulatory reform to provide essential information on the recent Turkish experience and its relation to competition policy. After the 1980 liberalization reform, Turkey tried to introduce competition in many industries, but network industries have remained as monopolies. At the end of the 1990s, regulatory reform was initiated and independent regulatory agencies have been established by the government. Comprehensive discussions of these network industries, in particular airlines, electricity, natural gas, telecommunications and environment regulations, are offered. The contributors inquire how economic theory and historical analyses can enlighten the character of market processes and the role for government action in these industries, and the contributions shed light on the very recent changes in the regulatory structure and important legal cases that shape the future of regulated industries. This book discusses these issues in an international perspective and relates the Turkish experience to other similar countries, such as in Eastern Europe and Central America. This book serves as a useful guide to those who want to understand major changes in Turkey and regulatory reforms in other emerging markets, making it of interest to researchers and PhD students concerned with regulatory economics, the Turkish economy, and economic policy in emerging markets.


Political Economy of Development in Turkey

Political Economy of Development in Turkey
Author: Emre Özçelik
Publisher: Springer Nature
Total Pages: 365
Release: 2022-03-10
Genre: Political Science
ISBN: 9811673187

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Adopting a political-economy perspective, this book is an original collection of research chapters that focus on Turkey’s economic-development experience from the nineteenth century to the present. It provides a systematic and chronological examination of Turkey’s major historical dynamics in the economic and socio-political spheres. The chapters are organized according to the consecutive phases of Turkey’s political-economic development. Each chapter not only reflects on the country-specific aspects of those development phases, but also clarifies the dependence of domestic-policy orientations on the dynamics of the world economy. As such, the book provides a historically-conscious, political-economic account of Turkey’s dependent-development experience. The book serves as a quality reference on the political economy of modern Turkey, bringing together fourteen prominent experts as contributing authors who have devoted their intellectual lives to the understanding and explanation of political-economic dynamics in both Turkey and the world. All contributors write on a historical period of the Turkish economy in which they are most specialized. This aspect of the book is a momentous advantage in the field of Turkey's political economy, enabling the highest degree of academic expertise to concentrate in each chapter.


The Political Economy of Turkey

The Political Economy of Turkey
Author: Harvard University, Cambridge, MA, USA John F. Kennedy School of Government
Publisher: Springer
Total Pages: 289
Release: 1990-06-18
Genre: Political Science
ISBN: 1349112747

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Turkey stands at a crossroad after a decade of adjustment to its severe debt crisis in the late 1970s. This volume brings together a group of contributors who discuss the consequences of this transition and the likely pains for the future.


Economics and Politics of Turkish Liberalization

Economics and Politics of Turkish Liberalization
Author: Tevfik F. Nas
Publisher: Lehigh University Press
Total Pages: 212
Release: 1992
Genre: Business & Economics
ISBN: 9780934223195

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This book provides an in-depth analysis of Turkey's 1980-90 stabilization and liberalization experience by tracing the complexities and dynamics of Turkey's unique economic and policy environments.


The Political Economy of Financial Transformation in Turkey

The Political Economy of Financial Transformation in Turkey
Author: Galip Yalman
Publisher: Routledge
Total Pages: 304
Release: 2018-10-03
Genre: Business & Economics
ISBN: 1317364694

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This volume provides a comprehensive study of Turkey’s financial transformation into one of the most dynamic, if not trouble-free, emerging capitalisms. While this financial evolution has underwritten Turkey’s dramatic economic growth, it has done so without ameliorating the persistently exploitative and unequal social structures that characterize neoliberalism today. This edited volume, written by an interdisciplinary range of political economists, critically examines Turkey’s financial transformation, contributing to debates on the nature of peripheral financialization. Eschewing economistic interpretations, The Political Economy of Financial Transformation in Turkey underscores both the quantitative significance of exponential growth in financial flows and investments, and the qualitative importance of the state’s institutional restructuring around financial imperatives. The book presents today’s reality as historically rooted. By understanding the choices made under the new Republic (from 1923 onwards), one can better locate the changes launched as a newly liberalizing society (since 1980). Likewise, the decisions made in response to Turkey’s 2001 financial crisis spurred a tectonic break in state–market–society financial relations. The waves of change have reached far and wide: from corporate strategies of accumulation and growth to small- and medium-sized enterprises’ strategies of financial survival; from how finance has penetrated the provisioning of housing to how households have become financialized. Put together, one grasps the complexity and historicity of the power of contemporary finance. One also sees that the changes made have not been class-neutral, but have entailed elevating the interests of major capital groups, particularly financial capital, above the interests of the poor and workers in Turkey. Nor are these changes constrained to its national borders, as what transpires domestically contributes to the making of a financialized world market. Through this ‘Made in Turkey’ approach the contributions in this volume thus challenge dominant understandings of financialization, which are derived from the advanced capitalisms, by sharing the specificity of emerging capitalisms such as Turkey.