Turkish Economy

Turkish Economy
Author: Ahmet Faruk Aysan
Publisher: Springer
Total Pages: 425
Release: 2018-03-30
Genre: Political Science
ISBN: 3319703803

This book scrutinizes the last 15 years of exceptional growth in the Turkish economy, and presents a model for sustainable ongoing growth that has particular implications for other key emerging economies. The growth of the Turkish economy in the 2000’s was based on two integrated fundamental factors: fixing deteriorating dynamics and implementing further reforms to stimulate economic activity. This basic formula led to pleasing rates of economic growth, fuelled particularly by domestic private investments along with revived consumption and exports. Driven by political stability established by single party governments in the post-2002 period, an improved economic outlook helped Turkey enjoy record levels of foreign investment, adding momentum to its growth story. The Turkish experience in the post-crisis period implies that in order to achieve a fast and - more importantly - sustainable onward growth, the economy needs a new generation of structural reforms that simultaneously heal fragility and vitalize economic activity. The papers in this book offer professional assessments and assistance - especially for policymakers, and present a new direction upon which the Turkish economy - and emerging markets - can progress successfully for a further 15 years.

Turkish Economy At The Crossroads: Facing The Challenges Ahead

Turkish Economy At The Crossroads: Facing The Challenges Ahead
Author: Asaf Savas Akat
Publisher: World Scientific
Total Pages: 370
Release: 2020-10-05
Genre: Business & Economics
ISBN: 9811214905

Turkish Economy at the Crossroads: Facing the Challenges Ahead is an exciting new volume of articles from prominent experts, edited by two distinguished economists. Despite its international stature and its diversified open-market economy, the global literature on Turkey is dispersed and sparse. The book aims to remedy this shortcoming by providing readers interested in Turkey with a balanced and up-to-date overview of the economy.Topics discussed include trends in long-term political economy, post-2001 macroeconomic policies, tradable and non-tradable sectors and their impact on income distribution, capital flows and financial imbalances, success and problems of structural transformation at the micro level, characteristics of the labor markets with special emphasis on female employment, Turkey's long lasting but difficult relations with the European Union and possible scenarios for the near future. This unified approach permits to highlight and tackle effectively the challenges and risks Turkey faces in the final and critical stage of transition to a modern developed society.

The Turkish Economy

The Turkish Economy
Author: Sumru G. Altug
Publisher: Routledge
Total Pages: 340
Release: 2006-04-18
Genre: Political Science
ISBN: 1134213603

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 Turkey

The Political Economy of Turkey
Author: Zulkuf Aydin
Publisher: Pluto Press (UK)
Total Pages: 328
Release: 2005-02-03
Genre: Business & Economics
ISBN:

Leading writer Boris Kagarlitsky offers an ambitious account of 1000 years of Russian history.

Turkey’s Political Economy in the 21st Century

Turkey’s Political Economy in the 21st Century
Author: Emel Parlar Dal
Publisher: Springer Nature
Total Pages: 319
Release: 2019-12-07
Genre: Political Science
ISBN: 3030276325

This book shows the remarkable diversification in Turkey’s international political economy landscape in the 2000s: its domestic political-economy framework, instrumental alternatives and geographic outreach. It assesses both how an emerging economy like Turkey copes with domestic and external challenges and the question of how substantial Turkey’s recent rise in global politics really is. The volume also explains Turkey’s economic growth and political transformation in line with the changes occurring in world economics, from the Washington Consensus era to the current “mix” or “hybrid” era encompassing both the characteristics of the Post-Washington and Beijing Consensus eras. The contributors portray the complexity of Turkish politics and its fragilities at the political economy level.

Uneven Centuries

Uneven Centuries
Author: ?evket Pamuk
Publisher: Princeton University Press
Total Pages: 372
Release: 2018-11-20
Genre: Business & Economics
ISBN: 0691166374

The first comprehensive history of the Turkish economy The population and economy of the area within the present-day borders of Turkey has consistently been among the largest in the developing world, yet there has been no authoritative economic history of Turkey until now. In Uneven Centuries, Şevket Pamuk examines the economic growth and human development of Turkey over the past two hundred years. Taking a comparative global perspective, Pamuk investigates Turkey’s economic history through four periods: the open economy during the nineteenth-century Ottoman era, the transition from empire to nation-state that spanned the two world wars and the Great Depression, the continued protectionism and import-substituting industrialization after World War II, and the neoliberal policies and the opening of the economy after 1980. Making use of indices of GDP per capita, trade, wages, health, and education, Pamuk argues that Turkey’s long-term economic trends cannot be explained only by immediate causes such as economic policies, rates of investment, productivity growth, and structural change. Uneven Centuries offers a deeper analysis of the essential forces underlying Turkey’s development—its institutions and their evolution—to make better sense of the country’s unique history and to provide important insights into the patterns of growth in developing countries during the past two centuries.

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

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 Dynamics of Growth in Emerging Economies

The Dynamics of Growth in Emerging Economies
Author: Arzu Akkoyunlu Wigley
Publisher: Routledge
Total Pages: 369
Release: 2018-12-19
Genre: Business & Economics
ISBN: 0429790732

How can Turkey increase its medium- and long-term growth potential? Despite episodes of fast growth, this has become a vital question for the Turkish economy, in order to avoid being stuck in a middle-income trap. There has been an increase in the number of studies presenting growth in Turkey and quantifying the sources of economic growth, however, due to the difference in the main underlying assumptions and the time period covered in these studies, the results differ. The second strand of literature on growth in Turkey identifies the relative underperformance of the Turkish economy by developing models with microeconomic foundations. Given the fact that there are a large number of studies investigating the macro dynamics of growth in Turkey, the book’s unique focus on the "neglected" issues in growth discussions closes the gap in the existing literature. It addresses the micro, macro, regional, and gender aspects, the environment–energy–growth nexus, as well as the microeconomic dynamics of growth. It also analyses the other significant determinants of long run growth in Turkey such as import dependency and saving-investment decision. The authors provide a macro overview of all of the precluded subjects in order to evaluate them in relation to one other, as well as to derive policy conclusions from them. This book primarily targets academics as well as graduate and undergraduate social sciences and humanities students both in Turkey and other countries. It is also a must read for researchers and policy makers not only in Turkey but also in other developing economies and is of interest to specialists of non-governmental and non-profit organizations.

Uneven Centuries

Uneven Centuries
Author: Şevket Pamuk
Publisher: Princeton University Press
Total Pages: 373
Release: 2018-11-20
Genre: Business & Economics
ISBN: 0691184984

The first comprehensive history of the Turkish economy The population and economy of the area within the present-day borders of Turkey has consistently been among the largest in the developing world, yet there has been no authoritative economic history of Turkey until now. In Uneven Centuries, Şevket Pamuk examines the economic growth and human development of Turkey over the past two hundred years. Taking a comparative global perspective, Pamuk investigates Turkey’s economic history through four periods: the open economy during the nineteenth-century Ottoman era, the transition from empire to nation-state that spanned the two world wars and the Great Depression, the continued protectionism and import-substituting industrialization after World War II, and the neoliberal policies and the opening of the economy after 1980. Making use of indices of GDP per capita, trade, wages, health, and education, Pamuk argues that Turkey’s long-term economic trends cannot be explained only by immediate causes such as economic policies, rates of investment, productivity growth, and structural change. Uneven Centuries offers a deeper analysis of the essential forces underlying Turkey’s development—its institutions and their evolution—to make better sense of the country’s unique history and to provide important insights into the patterns of growth in developing countries during the past two centuries.

The Turkish Economy in Crisis

The Turkish Economy in Crisis
Author: Ziya Onis
Publisher: Routledge
Total Pages: 210
Release: 2004-08-02
Genre: Political Science
ISBN: 1135758689

This book provides a set of critical perspectives on the economic crises of 2000 and 2001 focusing on both the origins and consequences of the crises. Attention is drawn to the role of domestic actors as well as key external actors such as the International Monetary Fund in precipitating the twin crises.