Can Turkey Escape the Middle-Income Trap? An Institutional Approach to Economic Development

Date

2018-10-01

Author

KÖSE, TEKİN
Çınar, Süleyman Kürşat

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

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Since the early 2010's, Turkey is said to be caught in "middle-income trap" characterized by economic stagnation. In this article, we offer an institutional analysis for Turkey, and many other developing nations alike, which aspire to attain higher levels of economic affluence. Using a multi-method approach which combines econometric and historical analyses, we conclude that it would be very hard to progress economically for middle-income countries such as Turkey without addressing their deficiencies in political and economic institutions. Nature of this research enables replicability not only for the case study under analysis, but also for many comparable cases throughout the world.

Subject Keywords

Political institutions, Economic Institutions, Economic development, Turkey

URI

https://hdl.handle.net/11511/46530

Collections

Department of Political Science and Public Administration, Article