The State Crisis and Transformation of Medium and Small Sized Enterprise Finance in Turkey



The State, Crisis, and Transformation of Small and Medium-sized Enterprise Finance in Turkey
Topal Yılmaz, Aylin (Routledge, 2019-01-01)
This chapter explains the impact of Turkey’s financial transformation since the 1980s on domestic SMEs. As is common in bank-based emerging markets like Turkey, SMEs have faced difficulties in accessing sources of sustainable finance with the transition to neoliberalism. During the 1990s, governments responded with new public credit mechanisms for SMEs. Then in the 2000s, private banks in Turkey saw SME finance as an increasingly appealing source of returns. This chapter argues that in order to integrate th...
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Citation Formats
A. Topal Yılmaz, “The State Crisis and Transformation of Medium and Small Sized Enterprise Finance in Turkey,” 2016, Accessed: 00, 2021. [Online]. Available: