Notes on Trade and Industrialization Policy, in Turkey and Elsewhere

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2005-12

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Rodrik, Dani

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Standard trade theory predicts that trade liberalization will result in inefficient, protected industries being swept away by the forces of global competition, with new industries more in line with the country’s comparative advantage taking their place. In Turkey, as well as in most countries opening up to trade during the 1980s and 1990s, some of the most heavily protected industries have been those that led the way in terms of exports. This pattern of export performance suggests a fundamental lesson about economic development. Economic development is best achieved under a mixed policy regime that combines market discipline with government promotion.

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http://www2.feas.metu.edu.tr/metusd/ojs/index.php/metusd/article/view/56
https://hdl.handle.net/11511/58540

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ODTÜ Gelişme Dergisi

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Department of Economics, Article

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Citation Formats

D. Rodrik, “Notes on Trade and Industrialization Policy, in Turkey and Elsewhere,” ODTÜ Gelişme Dergisi, vol. 32, no. 2, pp. 259–274, 2005, Accessed: 00, 2020. [Online]. Available: http://www2.feas.metu.edu.tr/metusd/ojs/index.php/metusd/article/view/56.