Political Economic Analysis of Turkish Economy: Structural Problems and the Role of the State

Bu sorunların devlet politikaları ve bürokratik yapı ile olan ilişkisi üzerine analitik bir gözlem yapmaktır. Türkiyenin sosyal, kültürel ve politik dinamiklerinin ülkedeki yapısal sorunlar ile olan ilişkisi ve devletin bu dinamikler ile etkileşimi ortaya konulmaya çalışılacaktır. Bu çalışmada ülkenin belirtilen sorunları tarihsel bir cercevede incelenecek olmakla birlikte, yakın tarihe daha büyük bir önem verilecektir

POLITICAL ECONOMIC ANALYSIS OF TURKISH ECONOMY: STRUCTURAL PROBLEMS AND THE ROLE OF THE STATE

The objective of this essay is to survey some of the structural problems and their connection with the government policies and the bureaucracy. This essay emphasizes the fundamentals of the social, cultural and political dynamics and their associations with the current structural problems in Turkey. Our focus on these social, cultural, and political accounts will be analyzed in line with the historical developments while particular attention is given to last three decades.

___

  • Alper, E., Önis ,Z. (2002). ” Emerging Market Crises and the IMF: Rethinking the Role of the IMF in the Light of Turkey's 2000-2001 Financial Crises,”. Bogazici University Department of Economics Working Paper 02-03.
  • Aruoba, S. B. (2001).” The December 9, 1999 Stabilization Program of Turkey,” University of Pennsylvania, Department of Economics, Retrieved January 27, 2004 from www.econ.upenn.edu/~aruoba/papers/stabilization.pdf,
  • Aybar, S. , Lapavitsas, C. (2001). “The Recent Turkish Crisis: Another Step Toward Free Market Authoritarianism,” Historical Materialism, 8:1, 297-308.
  • Boratav, K. (1981). “Kemalist Economic Policies and Etatism”, in Kazancigil, A. & E. Ozbudun eds., Ataturk: Founder of a Modern State, London: C. Hurst Company, pp. 165-190.
  • Boratav, K., E. Yeldan, and A. H. Köse. (2000).”Globalization, Distribution and Social Policy: Turkey, 1980-1998,”. CEPA Working Paper Series I: Working Paper No: 20.
  • Celasun, O., C. Denizer, and D. He. (1999),” Capital Flows, Macroeconomic Management, and the Financial System: The Turkish Case, 1989-97,” World Bank Working Paper: WPS2141.
  • Denizer, C. (1997). “The Effects of Financial Liberalization and New Bank Entry on Market Structure and Competition in Turkey.”, Worldbank Policy Research Working Paper.
  • Diamond, D. & P. H. Dybvig. (1983).” Bank Runs, Deposit Insurance, and Liquidity,” Journal of Political Economy, 91, June.
  • Esen, O. (2000). “Financial Openness in Turkey”, International Review of Applied Economics 14 (1), pp. 5-23.
  • Ersel, H. (1994). The Impact of Financial Reform: The Turkish Experience. In Caprio, G., I. Atiyas, J. Hanson and Associates eds., Financial Reform: The Theory and Experience, Cambridge: Cambridge University Press,
  • Hershlag, Z. Y. (1988). The Contemporary Turkish Economy, London and New York: Routledge.
  • Istanbul Sanayi Odasi. (1998). Turkiye'nin 500 Buyuk Sanayi Kurulusu: 1997. Istanbul Sanayi Odasi Dergisi Özel Sayi. Yil: 33, Sayi: 390.
  • JP Morgan. (2001). Industry Analysis: Turkish Banking Dark before Dawn. Retrieved October 18, 2003 from http://www.econturk.org/jpmorgan.pdf.,
  • Krugman, P. (1979). “ A Model of Balance-of-Payments Crises,” Journal of Money, Credit, and Banking, 11.
  • Okyar, O.(1965). “The Concept of Etatism.” The Economic Journal, 75:297, pp. 98- 111.
  • Önis, Z.(1998). State and Market: The Political Economy of Turkey in Comparative Perspective. Istanbul: Bogaziçi University Press.
  • Önis, Z. and A. F. Aysan. (2000). “Neoliberal Globalization, the Nation-State and Financial Crisis in the Semi-Periphery: A Comparative Analysis,” Third World Quarterly, 21/1.
  • Önis, Z., Riedel, J. (1993). Economic Crises and Long-Term Growth in Turkey. Washington, D.C.: World Bank Publications.
  • Önis, Z.(2002). “Post-War Development Performance of the Turkish Economy: A Political Economy Perspective”. , Retrieved December 11, 2003 from http://home.ku.edu.tr/~zÖnis/fall02/postwar.PDF.
  • Özatay, F.(1996). The Lessons from the 1994 Crisis in Turkey: Public Debt (Mis)Management and Confidence Crisis. Yapi Kredi Economic Review, 7/1.
  • Pongsaparn, R. (2002). “Inflation Dynamics and Reaction Function in High- Inflation Environment: An Implication for Turkey. Central Bank of Republic of Turkey,” CBRT Working Paper: 10.
  • Rodrik, D. (1991). Premature Liberalization, Incomplete Stabilization: The Ozal Decade in Turkey. In M. Bruno et al., ed., Lessons of Economic Stabilization and Its Aftermath, Cambridge, Massachusetts: MIT Press,
  • Rustow, D. A.(1970). “Transitions to Democracy: Toward a Dynamic Model,” Comparative Politics, 2:3, April.
  • Senses F.(1988). An Overview of Recent Turkish Experience with Economic Stabilization and Liberalization. In Tevfik Nas & Mehmet Odekon ed.., Liberalization and the Turkish Economy. New York & London: Greenwood Press.
  • TOBB,.(2001).“The Adverse Consequences of the Financial Crisis and Possible Remedies”, TOBB Report, in Turkish, Retrieved November 27, 2003 from: http://www.tobb.org.tr.
  • Tutar, I., Tansel, A. (2001). “Political Business Cycles and Power Dispersion in Turkey: Can the Coalitions Be Successful?” Economic Research Forum Working Paper, Middle East Technical University, No: 2019.
  • Uygur, E.(1993).”Liberalization and Economic Performance in Turkey,” UNCTAD Discussion Paper: 65.
  • Yeldan, E.(2001).“ On the IMF-Directed Disinflation Program in Turkey: A Program For Stabilization and Austerity or A Recipe For Impoverishment and Financial Chaos? “ Ankara: Bilkent University.
  • Yulek, M. A.(1998). “Financial Liberalization and the Real Economy The Turkish Experience,” Capital Markets Board, Publication No. 110.