Suchergebnisse

It is contended that Turkey's experience of multiple economic crises between 1999 & 2001 has pushed the nation toward a free market authoritarian system. An analysis of the structure of the Turkish economy & of late-20th-century developments in the global economy is performed to demonstrate that the nation's current economic problems stem from capitalist development itself & the Turkish state's adoption of economic liberalization policies. Although economic liberalization policies have opened up the Turkish economy & increased total public spending, it is stated that such policies have created continuous problems for state financial institutions. In addition, it is maintained that the establishment of international financial institutions, creation of transnational corporations, lack of a universally accepted currency, & the International Monetary Fund's stabilization program for Turkey have contributed to the nation's current economic difficulties. It is concluded that increased resistance to additional liberalization may force the Turkish government to adopt a more authoritative perspective in dealing with such discontent. 18 References. J. W. Parker