Economic Crises in Turkey and Pathways to the Future

This paper investigates the Turkish economy within a comparative historical framework. In light of a thorough discussion of Turkish economic crises in the post-1980 period, the paper explores Turkey's contemporary strengths and weaknesses in the global economic arena by comparing it with its peers and developed nations. The paper also highlights Turkey's extant economic vulnerabilities, especially its current account deficit, volatile international capital flows and ongoing banking sector problems. Along with other policy recommendations regarding these vulnerabilities, the paper proposes the introduction of capital controls to enhance economic institutions and cope with future hardships.


Economic growth and technological progress in Turkey: An analysis of Schumpeterian mechanisms
Attar, M. Aykut (Orta Doğu Teknik Üniversitesi (Ankara, Turkey), 2017-8)
This paper studies a second-generation Schumpeterian model to understand the nature of technological progress and economic growth in Turkey. It identifies some structural parameters numerically and tests whether certain Schumpeterian mechanisms work. Results show that both horizontal (product) and vertical (process) innovation channels operate as determined in theory. However, the pace at which vertical (process) innovation occurs is extremely low, implying that its contribution to long-run productivit...
The Discourse structure of Turkish
Demirşahin, Işın; Zeyrek Bozşahin, Deniz; Department of Cognitive Sciences (2015)
This thesis investigates the structure of immediate discourse in Turkish. The first and fore- most question is how discourse is built. Are there components of discourse that constitute a predicate-argument structure, or is discourse realized by underlying non-structural ties that are merely made explicit by these components? If there is structure in discourse, what is the nature of this structure, and what is its complexity? For this purpose, we analyze the relations annotated in the Turkish Discourse Bank,...
Institutional Environment, Economic Performance and Innovation in Turkey
Erdil, Erkan; Pamukcu, Mehmet Teoman (2015-01-01)
This paper investigates the relationship between economic performance and innovation in Turkey, while also taking into account the crucial mediating effect of the institutional environment. We carry out an in-depth analysis of the recent shifts in STI policy-making in Turkey. The emphasis is on the innovation support policy instruments, and their effectiveness, as well as on the formulation of national STI targets, sector priorities and targets in the field of human resources. A number of concerns are expre...
Macroeconomic Effects of Information and Communication Technologies in Turkey and Other OECD Member Countries
Karagöl, Burak; Erdil, Erkan (Science And Technology Policies Research Center, Middle East Technical University (Ankara, Turkey), 2012)
This paper investigates the effects of ICT on economic growth in Turkey and other OECD member countries. After discussing the theoretical relationships between ICT usage and economic growth, we test the positive impact of ICT revolution on economic growth econometrically. In the empirical part of the study, we perform panel data analyses by employing data sets that belong to 30 OECD member countries for 1999-2008 period as well as carrying out time series analyses for only Turkey by using data between 1980 ...
Tax expenditures in the European Union and Turkey
Coşkun, Zeynep; Aşçıoğlu Öz, Gamze; Department of European Studies (2010)
This thesis analyzes the tax incentives and protection measures in the European Union and Turkey. The definition and classification of these measures in the form of tax expenditures will be stated in this study. EU’s tax provisions in sources of the Acquis Communautaire will be described followed by the practice in the EU’s major policy fields. The legal background and major policy implications of these tax policy measures in the framework of Turkey’s tax laws will be explained followed by an evaluation of ...
Citation Formats
S. K. Çınar, “Economic Crises in Turkey and Pathways to the Future,” JOURNAL OF BALKAN AND NEAR EASTERN STUDIES, pp. 159–180, 2015, Accessed: 00, 2020. [Online]. Available: