Aspects of Fiscal Policy in Turkey

2017-06-28
This report studies the aspects of fiscal policy in post -1980 Turkey. The 1990s had been a period of acute deterioration of the public sector balances with increased indebtedness and the rising interest burden. On the other hand, the post-2001 period witnessed a significant narrowing of the fiscal budget deficits. This is often hailed as a discriminatory success of the Turkish Republic, during when the European economies suffer from a public debt crisis. Currently Turkey stands as the largest candidate country which certainly comprises differences with the EU Member States and to other candidate countries. Yet, the Turkish experience in economic policy making in the neo-liberal era should provide repercussions for the European geography, especially in the aftermath of the global financial crisis of 2008-9.
International Conference Developments in Economic Theory and Policy, (27 - 28 Haziran 2017)

Suggestions

The Impacts of the Global Crisis on the Turkish Economy and Policy Response
Cömert, Hasan (2014-01-01)
This paper focuses on the impacts of the recent global crisis on the Turkish economy and the policy measures taken in response to the crisis. Turkish economy was adversely affected by the crisis through mainly three channels, namely expectations channel, trade channel and financial channel. The distinctive characteristic of the crisis was a severe export shock which can account for an important part of the decline in production in Turkey. Beside this, a significant sudden stop in financial flows worsened th...
Approaches to Turkish Foreign Policy: A Critical Realist Analysis
Yalvaç, Faruk (Informa UK Limited, 2014-01-02)
This article analyses different approaches to Turkish foreign policy (TFP) from a critical realist perspective. It seeks to criticize positivist and post-positivist approaches to TFP, arguing for a non-reductionist, historical materialist approach based on the principles of critical realism. It argues that historical materialist approaches are missing both from the analysis of TFP and from the mainstream foreign-policy analysis in general. In emphasizing the importance of a historical materialist approach, ...
Politics and the Mass Media in Turkey
Kaya, Ahmet Raşit; Çakmur, Barış (Informa UK Limited, 2010-01-01)
This article sets out to examine the linkages between the media and politics in Turkey. It argues that, rooted in the world of politics from the outset, Turkish media has always been marked by a high degree of political parallelism. As regulator and funder, the state, making up the political majority, exerted strong control over the media. In the 1990s, the shift to a globalized market and the explosive growth of private broadcasting did not decrease the high degree of political parallelism. Instead, it ena...
Class determinants of Turkish foreign policy under the rule of the justice and development party
Oyman, Çağlar; Yalvaç, Faruk; Department of International Relations (2016)
This study aims to provide a historical and class based reading of the Turkish Foreign Policy and its periodically changing dynamics under the rule of the Justice and Development Party since 2002. It basically argues that there is an 'integral' relationship between societal (class) structures and state policies. Accordingly, it defends that state policies are determined by the competing accumulation strategies and hegemonic projects of the different class fractions from a relational perspective. On the othe...
Economic Relations with the Middle East Under the AKP-Trade, Business Community and Reintegration with Neighboring Zones
Tür Küçükkaya, Özlem (2011-01-01)
This article aims at analyzing Turkey's economic relations with the Middle East during the 2000s. It argues that intensification of Turkey's economic relations with the region is due to the changes in the Turkish economy and the coming to power of the Adalet ve Kalkinma Partisi (AKP). It looks at the relationship between the AKP and the business communities and foreign trade in general and elaborates on the trade figures and relations with individual countries. It looks at the economic cooperation projects ...
Citation Formats
E. Voyvoda, “Aspects of Fiscal Policy in Turkey,” presented at the International Conference Developments in Economic Theory and Policy, (27 - 28 Haziran 2017), 2017, Accessed: 00, 2021. [Online]. Available: https://hdl.handle.net/11511/79137.