Marching to the beat of a late drummer: Turkey's experience of neoliberal industrialization since 1980

Date

2012-09-01

Author

Taymaz, Erol
Voyvoda, Ebru

Metadata

Show full item record

This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.

Item Usage Stats

234
views

0
downloads

The paper discusses the main characteristics of Turkey's experience of neoliberal industrialization since 1980. We suggest that Turkey has been a "successful follower" in the sense that it has achieved structural transformation in manufacturing output and exports, while its mode of articulation with the global economy has remained intact. To follow our premise, we first provide a comparative overview of the dynamics of growth, productivity, employment and trade in the post-1980 period. We focus on the manufacturing industry because it has evolved as the leading sector in the restructuring of the economy away from domestic demand-oriented import substitution towards export orientation and integration with global production networks. To analyze the direction of structural change in a comparative perspective, we also offer a synopsis of divergent patterns of development in Turkey and Korea. Our brief comparison emphasizes that, while Korea has rapidly changed the structure of its industry and mode of articulation with the world economy with the sense of direction provided by a pro-active state and a far-reaching industrial policy, Turkey has remained a follower ever trying to reach its moving target.

Subject Keywords

Economics and Econometrics, Cultural Studies, Sociology and Political Science, History

URI

https://hdl.handle.net/11511/40725

Journal

NEW PERSPECTIVES ON TURKEY

DOI

https://doi.org/10.1017/s0896634600001710

Collections

Department of Economics, Article

Suggestions

OpenMETU
Core

The Commission for the Preservation of Antiquities and its role in the appropriation of İstanbul’s diverse heritage as national heritage (1939–1953) Aykaç Leıdholm, Pınar (Cambridge University Press (CUP), 2020-04-01) This paper argues that the early Republican attempts to reintegrate the Ottoman past into nationalist narratives later found their reflections in discussions regarding the preservation of İstanbul’s diverse heritage, coinciding with the redefinition of Turkish nationalism in the 1940s, incorporating Islam and marking a departure from the foundation ideology of the Republic of Turkey. In 1939, the Republican authorities decided to celebrate the 500th anniversary of the Ottoman conquest of Constantinople in 1...
Challenging Geographical Disadvantages and Social Exclusion: A Case Study of Gendered Rural Transformation in Mountain Villages in the Western Black Sea Region of Turkey Him, Miki Suzuki; Hoşgör, Hatice Ayşe (Wiley, 2019-07-01) This article discusses the gender-specific effect of the changing economic structure of mountain villages in Turkey. Rural women, who are conventionally unpaid family workers, have begun entering into off-farm work due to declining household incomes in recent years. The implications of this for gender relations are found to be contradictory in much recent research. In this study, we employed the concepts of the hybridity of rural communities and the multiplicity of social exclusion in a globalising countrys...
Sequencing, pace and timing of financial liberalization process in Turkey with implications on the macroeconomic environment Ganioğlu, Aytül; Şenses, Fikret; Department of Economics (2006) This study basically analyzes timing, sequencing and pace of the financial liberalization experience of the Turkish economy in the 1980s and evaluates its implications for the crises in the Turkish economy since the 1990s. The objectives of this study are threefold: Firstly, it aims to reveal the main policy objectives and political factors pushing the government to take capital account liberalization decision in 1989. It is concluded that domestic decision makers have shaped and taken the decision of capit...
Role of precariousness and space on class formation process: The case of Antalya's tourism workers Çelik, Coşku; ERKUŞ ÖZTÜRK, HİLAL (SAGE Publications, 2016-10-01) The effects of precariousness, as a product of the neoliberal transformation of the labour markets, go beyond the workplace to become a factor of everyday life, and as such can be regarded as a constitutive factor in the formation of a working class within the neoliberal context. Despite having similar experiences under precariousness, it would appear that tourism workers in Antalya do not develop a class consciousness, and as such do not constitute an organised class movement. According to the findings of ...
Macroeconomics of twin targeting in Turkey analytics of a financial computable general equilibrium model TELLİ, ÇAĞATAY; Voyvoda, Ebru; YELDAN, ALP ERİNÇ (Informa UK Limited, 2008-03-01) The paper provides an overview of the post-1998 Turkish economy and constructs a macroeconomic computable general equilibrium (CGE) model to illustrate the real and financial sectoral adjustments of the Turkish economy under the conditionalities of the 'twin targets': on primary surplus to gross national product (GNP) ratio and on the inflation rate. We further utilize the model to study three sets of issues: (i) the critical role of the expanded foreign capital inflows in resolving the macroeconomic impass...

Citation Formats

E. Taymaz and E. Voyvoda, “Marching to the beat of a late drummer: Turkey’s experience of neoliberal industrialization since 1980,” NEW PERSPECTIVES ON TURKEY, pp. 83–113, 2012, Accessed: 00, 2020. [Online]. Available: https://hdl.handle.net/11511/40725.