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The Turkish Economy In Crisis
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Book Synopsis The Turkish Economy in Crisis by : Ziya Onis
Download or read book The Turkish Economy in Crisis written by Ziya Onis and published by Routledge. This book was released on 2004-08-02 with total page 210 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Author :Harvard University, Cambridge, MA, USA John F. Kennedy School of Government Publisher :Springer ISBN 13 :1349112747 Total Pages :289 pages Book Rating :4.3/5 (491 download)
Book Synopsis The Political Economy of Turkey by : Harvard University, Cambridge, MA, USA John F. Kennedy School of Government
Download or read book The Political Economy of Turkey written by Harvard University, Cambridge, MA, USA John F. Kennedy School of Government and published by Springer. This book was released on 1990-06-18 with total page 289 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Turkish Economy At The Crossroads: Facing The Challenges Ahead by : Asaf Savas Akat
Download or read book Turkish Economy At The Crossroads: Facing The Challenges Ahead written by Asaf Savas Akat and published by World Scientific. This book was released on 2020-10-05 with total page 370 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis The Political Economy of Turkey by : Zulkuf Aydin
Download or read book The Political Economy of Turkey written by Zulkuf Aydin and published by Pluto Press (UK). This book was released on 2005-02-03 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt: Leading writer Boris Kagarlitsky offers an ambitious account of 1000 years of Russian history.
Book Synopsis Turkish Economic Policies and External Dependency by : Murat Çimen
Download or read book Turkish Economic Policies and External Dependency written by Murat Çimen and published by Cambridge Scholars Publishing. This book was released on 2014-09-26 with total page 150 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since the 1950s, the Turkish economy has periodically been facing crises. Decisions taken after crisis do not only have economic effects, but also social, political and diplomatic consequences. For the country, total independence was considered the main principle; economic independence was one of the substantial criteria of that principle, and economic policies were based on it. In this book, the economic independency level at which governments can take independent decisions is defined in terms of macroeconomic variables, on which the proposed model is based and developed. The book aims to analyse the economic policies of Turkey, from an economic dependency perspective; identify the macroeconomic variables affecting economic dependency; and develop an alternative economic policy, taking all of these points into consideration. Therefore, in order to structure the proposed model and to define policies, it is crucial to discuss economic policies, particularly in the post-1980 world; their consequences and impacts on Turkey; crises and the main variables under which they occurred; and to compare the economic policies of the Republic period and their consequences as well. The book intends to develop an independent economic structure so that Turkey can act in her own interests.
Book Synopsis Turkey and the Global Economy by : Ziya Onis
Download or read book Turkey and the Global Economy written by Ziya Onis and published by Routledge. This book was released on 2009-10-01 with total page 503 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since the financial crisis of 2000 and 2001 the Turkish economy has undergone considerable change and some improvement. This book gives a detailed examination of the neo-liberal restructuring that has taken place and the challenges the economy still faces, providing a comparative perspective on recent reforms and the position of Turkey in the global economy. This book examines all major aspects of the post-crisis economic performance of the Turkish economy. Major sectors of the economy such as agriculture and manufacturing along with key issues such as privatization, export growth, developments in the labour market, poverty and social exclusion are analysed in detail. The authors consider Turkish performance from a comparative perspective, drawing attention to its similarities with the experience of other emerging markets. Providing an insight into the major difficulties of post-crisis adjustment, sustainability of the gains achieved so far and the challenges that lie ahead, this book will be of interest to academics and scholars in the fields of International Political Economy and Globalization Studies, Middle East Studies and Development Studies, as well as having significance for practitioners in emerging markets.
Book Synopsis Turkeys New State in the Making by : Pınar Bedirhanolu
Download or read book Turkeys New State in the Making written by Pınar Bedirhanolu and published by Zed Books Ltd.. This book was released on 2020-08-26 with total page 370 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since the Gezi uprisings in June 2013 and AKP’s temporary loss of parliamentary supremacy after the June 2015 general elections, sharp political clashes, ascending police operations, extra-judicial executions, suppression of the media and political opposition, systematic violation of the constitution and fundamental human rights, and the one-man-rule of President Erdoğan have become the identifying characteristics of Turkish politics. The failed coup attempt on 15th July 2016 further impaired the situation as the government declared emergency rule at the end of which a political regime defined as the “Presidential Government System” was established in July 2018. Turkey’s New State in the Making examines the historical specificities of the ongoing AKP-led radical state transformation in Turkey within a global, legal, financial, ideological, and coercive neoliberal context. Arguing that rather than being an exception, the new Turkish state has the potential to be a model for political transformations elsewhere, problematizing how specific policies the AKP adapted to refract social dispositions have been radically redefining the republican, democratic and secular features of the modern Turkish state.
Book Synopsis Political Economy of Development in Turkey by : Emre Özçelik
Download or read book Political Economy of Development in Turkey written by Emre Özçelik and published by Springer Nature. This book was released on 2022-03-10 with total page 365 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis The Global Economic Crisis by : Larry Allen
Download or read book The Global Economic Crisis written by Larry Allen and published by Reaktion Books. This book was released on 2013-06-01 with total page 274 pages. Available in PDF, EPUB and Kindle. Book excerpt: From Greece scrambling to meet Eurozone austerity measures to America’s sluggish job growth, there is every indication that the world has not recovered from the economic implosion of 2008. And for many of us, the details of what led to the recession—and why it has continued—remain murky. Economic historian Larry Allen clears up the subject in The Global Economic Crisis, offering an insightful and nonpartisan chronology of events and their consequences. Illuminating the interlocked economic processes that lay beneath the crisis, he analyzes the changing nature of the global financial system, central bank policies, housing bubbles, deregulation, sovereign debt crises, and more. Allen begins the timeline with the economic crisis in Japan in the late 1990s, asking whether Japan’s experience could be an indicator of the outcome of the recession and what it can teach us about managing a sluggish economy. He then takes a comparative look at the economies of Brazil, China, and India. Throughout, he argues that many elements have contributed to the ongoing crisis, including the introduction of the euro, the growth of new financial instruments such as securitization, collateralized debt obligations and credit default swaps, interest rate policies, and the housing boom and subprime mortgage fiasco. Lucid and informative, The Global Economic Crisis provides an impartial explanation to anyone seeking to understand the current state—and future—of the world’s economy.
Book Synopsis Inflation and Disinflation in Turkey by : Faruk Selcuk
Download or read book Inflation and Disinflation in Turkey written by Faruk Selcuk and published by Routledge. This book was released on 2018-04-27 with total page 242 pages. Available in PDF, EPUB and Kindle. Book excerpt: This title was first published in 2002. Since the 1990s Turkey has experienced a number of disasters, both physical and economic. The result has been a decrease in economic performance compared to other European states. This study addresses the country's ongoing economic struggles.
Book Synopsis The Economic Crisis in Social and Institutional Context by : Sebastiano Fadda
Download or read book The Economic Crisis in Social and Institutional Context written by Sebastiano Fadda and published by Routledge. This book was released on 2015-02-20 with total page 245 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explores the foundations of the current economic crisis. Offering a heterodox approach to interpretation it examines the policies implemented before and during the crisis, and the main institutions that shaped the model of advanced economies, particularly in the last two decades. The first part of the book provides a theoretical analysis of the crisis. The roots of the ‘great recession’ are divided into fundamentals with origins in financial liberalisation, financial innovation and income distribution, and complementary or contributory factors such as the international imbalances, the monetary policy,and the role of credit rating agencies. Part II suggests various paths to recovery while emphasising that it will be necessary to develop alternative strategies for sustainable economic recovery and growth. These strategies will require genuine political support and a new 'great European vision' to address major issues concerning the EU such as unemployment, structural regional differences and federalism. Drawing on various schools of thought, this book explains the complexities of the crisis through a wider evolutionary-institutional and heterodox framework.
Book Synopsis Global Financial Crisis and Its Ramifications on Capital Markets by : Ümit Hacioğlu
Download or read book Global Financial Crisis and Its Ramifications on Capital Markets written by Ümit Hacioğlu and published by Springer. This book was released on 2017-01-20 with total page 655 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book assesses the 2008-2009 financial crisis and its ramifications for the global economy from a multidisciplinary perspective. Current market conditions and systemic issues pose a risk to financial stability and sustained market access for emerging market borrowers. The volatile environment in the financial system became the source of major threats and some opportunities such as takeovers, mergers and acquisitions for international business operations. This volume is divided into six sections. The first evaluates the 2008-2009 Global Financial Crisis and its impacts on Global Economic Activity, examining the financial crisis in historical context, the economic slowdown, transmission of the crisis from advanced economies to emerging markets, and spillovers. The second section evaluates global imbalances, especially financial instability and the economic outlook for selected regional economies, while the third focuses on international financial institutions and fiscal policy applications. The fourth section analyzes the capital market mechanism, price fluctuations and global trade activity, while the fifth builds on new trends and business cycles to derive effective strategies and solutions for international entrepreneurship and business. In closing, the final section explores the road to economic recovery and stability by assessing the current outlook and fiscal strategies.
Book Synopsis Developing Country Debt and the World Economy by : Jeffrey D. Sachs
Download or read book Developing Country Debt and the World Economy written by Jeffrey D. Sachs and published by University of Chicago Press. This book was released on 2007-12-01 with total page 350 pages. Available in PDF, EPUB and Kindle. Book excerpt: For dozens of developing countries, the financial upheavals of the 1980s have set back economic development by a decade or more. Poverty in those countries have intensified as they struggle under the burden of an enormous external debt. In 1988, more than six years after the onset of the crisis, almost all the debtor countries were still unable to borrow in the international capital markets on normal terms. Moreover, the world financial system has been disrupted by the prospect of widespread defaults on those debts. Because of the urgency of the present crisis, and because similar crises have recurred intermittently for at least 175 years, it is important to understand the fundamental features of the international macroeconomy and global financial markets that have contributed to this repeated instability. Developing Country Debt and the World Economy contains nontechnical versions of papers prepared under the auspices of the project on developing country debt, sponsored by the National Bureau of Economic Research. The project focuses on the middle-income developing countries, particularly those in Latin America and East Asia, although many lessons of the study should apply as well to other, poorer debtor countries. The contributors analyze the crisis from two perspectives, that of the international financial system as a whole and that of individual debtor countries. Studies of eight countries—Argentina, Bolivia, Brazil, Indonesia, Mexico, the Philippines, South Korea, and Turkey—explore the question of why some countries succumbed to serious financial crises while other did not. Each study was prepared by a team of two authors—a U.S.-based research and an economist from the country under study. An additional eight papers approach the problem of developing country debt from a global or "systemic" perspective. The topics they cover include the history of international sovereign lending and previous debt crises, the political factors that contribute to poor economic policies in many debtor nations, the role of commercial banks and the International Monetary Fund during the current crisis, the links between debt in developing countries and economic policies in the industrialized nations, and possible new approaches to the global management of the crisis.
Book Synopsis Tracing the Economic Transformation of Turkey from the 1920s to EU Accession by : Tevfik F. Nas
Download or read book Tracing the Economic Transformation of Turkey from the 1920s to EU Accession written by Tevfik F. Nas and published by Martinus Nijhoff Publishers. This book was released on 2008 with total page 212 pages. Available in PDF, EPUB and Kindle. Book excerpt: Providing valuable lessons for emerging economies, this book examines Turkeya (TM)s economic development and growth from the early 1920s to the present, and documents its transformation to a thriving market economy in the process of negotiating its entry into the EU.
Book Synopsis The Condition of the Working Class in Turkey by : Mehmet Erman Erol
Download or read book The Condition of the Working Class in Turkey written by Mehmet Erman Erol and published by Pluto Press (UK). This book was released on 2021-09-20 with total page 240 pages. Available in PDF, EPUB and Kindle. Book excerpt: A comprehensive new study that uncovers the real story of working class struggle in Turkey
Book Synopsis A Sultan in Autumn by : Soner Cagaptay
Download or read book A Sultan in Autumn written by Soner Cagaptay and published by Bloomsbury Publishing. This book was released on 2021-09-09 with total page 119 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Informative." - Foreign Affairs Recep Tayyip Erdogan has ruled Turkey for nearly two decades. Here, Soner Cagaptay, a leading authority on the country, offers insights on the next phase of Erdogan's rule. His dwindling support base at home, coupled with rising opposition, the impact of the Covid-19 pandemic, and Turkey's weak economy, would appear to threaten his grip on power. How will he react? In this astute analysis, Cagaptay casts Erdogan as an inventor of nativist populist politics in the twenty-first century. The Turkish president knows how to polarize the electorate to boost his base, and how to wield oppressive tactics when polarization alone cannot win elections. Cagaptay contends that Erdogan will cling to power-with severe costs for Turkey's citizens, institutions, and allies. The associated dynamics, which carry implications far beyond Turkey's borders-and what they portend for the United States-make A Sultan in Autumn a must-read for all those interested in Turkey and the geopolitics of the next decade.
Book Synopsis Turkey and the West by : Kemal Kirisci
Download or read book Turkey and the West written by Kemal Kirisci and published by Brookings Institution Press. This book was released on 2017-12-12 with total page 323 pages. Available in PDF, EPUB and Kindle. Book excerpt: Turkey: A necessary ally in a troubled region With the new administration in office, it is not clear whether the U.S. will continue to lead and sustain a global liberal order that was already confronted by daunting challenges. These range from a fragile European Union rocked by the United Kingdom’s exit and rising populism to a cold war-like rivalry with Russia and instability in the Middle East. A long-standing member of NATO, Turkey stands as a front-line state in the midst of many of these challenges. Yet, Turkey is failing to play a more constructive role in supporting this order--beyond caring for nearly 3 million refugees, mostly coming from the fighting in Syria--and its current leadership is in frequent disagreement with its Western allies. This tension has been compounded by a failed Turkish foreign policy that aspired to establish its own alternative regional order in the Middle East. As a result, many in the West now question whether Turkey functions as a dependable ally for the United States and other NATO members. Kemal Kirisci’s new book argues that, despite these problems, the domestic and regional realities are now edging Turkey toward improving its relations with the West. A better understanding of these developments will be critical in devising a new and realistic U.S. strategy toward a transformed Turkey and its neighborhood. Western policymakers must keep in mind three on-the-ground realities that might help improve the relationship with Turkey. First, Turkey remains deeply integrated within the transatlantic community, a fact that once imbued it with prestige in its neighborhood. It is this prestige that the recent trajectory of Turkish domestic politics and foreign policy has squandered; for it to be regained, Turkey needs to rebuild cooperation with the West. The second reality is that chaos in the neighborhood has resulted in the loss of lucrative markets for Turkish exports—which, in return, increases the value to Turkey of Western markets. Third, Turkish national security is threatened by developments in Syria and an increasingly assertive Russia, enhancing the strategic value of Turkey’s “troubled alliance” with the West. The big question, however, is whether rising authoritarianism in Turkey and the government’s anti-Western rhetoric will cease and Turkey’s democracy restored before the current fault lines can be overcome and constructive re-engagement between the two sides can occur. In light of these realities, this book discusses the challenges and opportunities for the new U.S. administration as well as the EU of re-engaging with a sometimes-troublesome, yet long-time ally.