Foreign Private Capital-Led Growth: The Recent Rise and Fall of Turkey

Tutan M. U., Campbell A.

REVIEW OF RADICAL POLITICAL ECONOMICS, cilt.48, sa.4, ss.595-602, 2016 (SSCI) identifier identifier

  • Yayın Türü: Makale / Tam Makale
  • Cilt numarası: 48 Sayı: 4
  • Basım Tarihi: 2016
  • Doi Numarası: 10.1177/0486613416665834
  • Dergi Adı: REVIEW OF RADICAL POLITICAL ECONOMICS
  • Derginin Tarandığı İndeksler: Social Sciences Citation Index (SSCI), Scopus
  • Sayfa Sayıları: ss.595-602
  • İstanbul Kültür Üniversitesi Adresli: Evet

Özet

This article maintains that after a decade as a poster-child for neoliberal growth, (1) Turkey has definitely fallen from its former impressive growth performance, (2) the cause is exactly the rupture of its foreign capital-led growth model, just as its fragility critics warned, and (3) given the state of both external and internal economic and political factors, there is very little chance of Turkey returning to its strong growth over the next several years.