THE EAST ASIAN MODEL OF DEVELOPMENT AND THE TURKISH CASE: A COMPARATIVE ANALYSIS

Date

1992

Author

Öniş, Ziya

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Strategic industrial policy practised by MITI in Japan and its close counterparts in South Korea and Taiwan differs fundamentally from the type of economic strategy pursued in Turkey both in the pre-1980 import substitution phase and during the post-1980 neo-liberal era. The paper seeks to identify some of the key features of the East Asian model of state intervention and compare it with the Turkish practice. This, in turn, suggests that important insights could be generated from an investigation of "the East Asian model" which are of practical relevance to potential NICs like Turkey. Moreover, an analysis of the East Asian experience forces us to reconsider the validity of the neo-liberal paradigm in general. A key implication is that the Turkish State Planning Organization can play a novel and more constructive role in the 1990s compared to the position that it has occupied during the two critical policy phases of post-1960 era. L INTRODUCTION Strategic or sector-specific industrial policies have emerged

URI

https://hdl.handle.net/11511/110594

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Department of Economics, Article