Economic Crises in Turkey and Pathways to the Future

Date

2015-04-03

Author

Çınar, Süleyman Kürşat

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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.

Subject Keywords

Turkish, Customs union

URI

https://hdl.handle.net/11511/39921

Journal

JOURNAL OF BALKAN AND NEAR EASTERN STUDIES

DOI

https://doi.org/10.1080/19448953.2014.997487

Collections

Department of Political Science and Public Administration, Article

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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: https://hdl.handle.net/11511/39921.