Economic Growth and Structural Change in Turkey 1960–88

1994 ◽  
Vol 26 (1) ◽  
pp. 37-56 ◽  
Author(s):  
A. Aydin Çeçen ◽  
A. Suut Doğruel ◽  
Fatma Doğruel
Keyword(s):  
Economic Growth ◽  
Economic History ◽  
Structural Adjustment ◽  
Military Intervention ◽  
State Intervention ◽  
Economic Liberalization ◽  
The Other ◽  
New Era ◽  
Domestic Capital ◽  
The One

After almost five decades of industrialization—characterized, on the one hand, by considerable state intervention and, on the other, by protectionist import-substituting policies in domestic capital formation—in the early 1980s Turkey ostensibly entered a new era of export-led economic growth. Since 1960, the Turkish democracy has experienced a series of crises with astonishingly regular ten-year cycles of recurrence. The 1980 military intervention, however, brought about a radical attempt to restructure the economy, hardly comparable with the rather gradual changes in its recent economic history. Its ten years of experimentation with economic liberalization and structural adjustment provide us today with an adequate record to identify and discuss at least the salient features of this period by comparing the performance of the economy in different years.

Economic History and Economic Growth

1960 ◽  
Vol 20 (4) ◽  
pp. 548-556 ◽  
Author(s):  
Barry E. Supple
Keyword(s):  
Economic Growth ◽  
Economic History ◽  
The Other ◽  
New Construction ◽  
The One ◽  
The Relationship ◽  
Good Number

Professor Goodrich had indicated that my function is to discuss the relevance of the concept of economic growth to the tasks of the economic historian. But I hope I may be forgiven if I touch incidentally on other sensitive and overworked areas—notably the relationship between theory and quantity on the one hand and history on the other. If the study of economic growth still meant what it did in Adam Smith's day there might be no need to be so cavalier—there might even be no need to hold this session. But a good number of intellectual bridges have fallen into the water since 1776 and it is surely necessary to examine this new construction with an eye not only to its permanence but to its utility.

DIFFERENCES AND SIMILARITIES OF ENTREPRENEURIAL CHARACTERISTICS IN A DIVERSE SOCIAL SETTING-EVIDENCE FROM AUSTRALIAN AND SINGAPOREAN MANAGERS

2001 ◽  
Vol 09 (03) ◽  
pp. 273-289 ◽  
Author(s):  
CECIL A. L. PEARSON ◽  
SAMIR R. CHATTERJEE
Keyword(s):  
Economic Growth ◽  
International Entrepreneurship ◽  
Personality Characteristics ◽  
The Other ◽  
Personal Attributes ◽  
Work Setting ◽  
Social Setting ◽  
Geographic Boundaries ◽  
National Economic ◽  
The One

Despite the growing acceptance that entrepreneurship facilitates national economic growth there has been a lack of research in diverse international contexts. This paper assesses relationships between contextual work setting properties and three personality characteristics that have been identified in the Western literature as being associated with entrepreneurial motivation. Responses from 410 Australian and Singaporean entrepreneurs and non-entrepreneurs demonstrate on the one hand there was systematic entrepreneurial variation between the two countries, but on the other hand, the influence of personal attributes on entrepreneurship were not hampered by geographic boundaries. The findings are discussed in terms of challenges for international entrepreneurship.

scholarly journals The Theory of Democratic Antinomies and the Identification of Value Trade-Offs in Political Practice

2019 ◽  
Vol 7 (4) ◽  
pp. 264-274 ◽  
Author(s):  
Oliver Hidalgo
Keyword(s):  
Economic Growth ◽  
Political Theory ◽  
The Other ◽  
Democratic Institutions ◽  
Political Practice ◽  
Relevant Issue ◽  
General Argument ◽  
Trade Offs ◽  
The One ◽  
Existence Of Value

In theory, the idea of democracy consists of several insoluble contradictions, aporias, and conflicts. In practice, democracy demands an effective balancing of its essentially opposing principles and values in order to preserve an authentic character as well as to avoid its inherent self-destructive tendencies. In this regard, the concept of value trade-offs promises a heuristic tool to grasp both the analytical and normative impact of a political theory which takes the complexity of democracy seriously. Proceeding from this, the contribution will demonstrate to what extent the conceptualisation of democratic antinomies and the notion of value trade-offs can be seen as a kind of communicating vessel. The article’s general argument is that democracy is defined by several antinomies that are irreducible in theory and therefore require trade-offs in political practice. Moreover, it will discuss three relevant issue areas to suggest the approach’s empirical relevance and to prove the existence of value trade-offs as an operating benchmark for the legitimacy and consolidation of democratic processes on the one hand but also for their shortcomings and risks on the other. Correspondingly, the article concerns the antinomic relationships between freedom and security, economic growth and sustainability, and finally, democracy and populism to underpin the general perception that the success of democratic institutions first and foremost depends on the balance of the necessarily conflicting principles of democracy.

South African Economy: No Easy Life Ahead

2015 ◽  
pp. 104-116
Author(s):  
P. Mozias
Keyword(s):  
Economic Growth ◽  
South Africa ◽  
Interest Rates ◽  
South African ◽  
Trade Unions ◽  
Current Account Deficit ◽  
National Development ◽  
Capital Inflows ◽  
The Other ◽  
The One

South African rand depreciated in 2013–2014 under the influence of a number of factors. Internationally, its weakness was associated with the capital outflow from all emerging markets as a result of QE’s tapering in the US. Domestically, rand plummeted because of the deterioration of the macroeconomic stance of South Africa itself: economic growth stalled and current account deficit widened again. Consumer spending was restrained with the high household indebtedness, investment climate worsened with the wave of bloody strikes, and net export was still prone to J-curve effect despite the degree of the devaluation happened. But, in its turn, those problems are a mere reflection of the deep institutional misbalances inherent to the very model of the national economy. Saving rate is too low in South Africa. This leads not only to an insufficient investment, but also to trade deficits and overdependence on speculative capital inflows. Extremely high unemployment means that the country’s economic potential is substantially underutilized. Joblessness is generated, first and foremost, by the dualistic structure of the national entrepreneurship. Basic wages are being formed by way of a bargaining between big public and semi state companies, on the one hand, and trade unions associated with the ruling party, on the other. Such a system is biased towards protection of vested interests of those who earn money in capital-intensive industries. At the same time, these rates of wages are prohibitively high for a small business; so far private companies tend to avoid job creation. A new impulse to economic development is likely to emerge only through the government’s efforts to mitigate disproportions and to pursue an active industrial policy. National Development Plan adopted in 2012 is a practical step in that direction. But the growth of public investment is constrained by a necessity of fiscal austerity; as a result, the budget deficit remained too large in recent years. South African Reserve Bank will have to choose between a stimulation of economic growth with low interest rates, on the one hand, and a support of rand by tightening of monetary policy, on the other. This dilemma will greatly influence prices of securities and yields at South African financial markets.

ANTHROPOLOGICAL IDEAS OF CARL DU PREL AND ITS RECEPTION BY RUSSIAN SPIRITUALISTS IN THE LATE 19TH - EARLY 20TH CENTURY

2020 ◽  
pp. 58-68
Author(s):  
Tikhon V. Spirin ◽  
Keyword(s):  
20Th Century ◽  
Human Life ◽  
Science And Religion ◽  
The Other ◽  
Early 20Th Century ◽  
Human Being ◽  
Perception Threshold ◽  
New Era ◽  
The Core ◽  
The One

The article addresses the core anthropological concepts of Carl Du Prel’s philosophy and explores the significance of those concepts for the Russian spiritualism of the late 19th – early 20th century. The Du Prel’s theory built up upon the concept of Duality of the Human Being. Du Prel insisted on simultaneous co-existence of two subjects – one pertaining to the sensible world and the other related to the extrasensory (‘the transcendental subject’) – that are divided by the ‘perception threshold’. He argued that in dormant and somnambular state the threshold would shift and thus enable the Transcendental Subject to act in the Extrasensory World. Du Prel believed that the human evolution is not over yet. He suggested that one could estimate what the new form of the human life would be judging by the conditions in which the transcendental subject comes out. Like many other spiritualists, Du Prel foretold the upcoming dawn of a new era where the boundary between science and religion on the one part and the Sensible and Extrasensory World on the other part will vanish. Anthropological doctrine of Du Prel correlated well with the views on the future human being held by the Russian spiritualists, and therefore he became one of the most reputable authors for them

The Way of Integrating Art Appreciation Course into the Talent Cultivation of Tobacco Profession

2021 ◽  
Vol 7 (6) ◽  
pp. 6207-6212
Author(s):  
Zou Mi ◽  
Liu Peng ◽  
Fang Lu
Keyword(s):  
Colleges And Universities ◽  
The Other ◽  
Art Appreciation ◽  
Aesthetic Quality ◽  
New Era ◽  
Training Plan ◽  
Training Quality ◽  
Public Curriculum ◽  
The One

Integrating the art appreciation course into the talent cultivation plan of tobacco profession has become the major way for colleges and universities to implement aesthetic education. This is also one of the reform measures of public curriculum in colleges and universities in the new era. By clarifying the concept connotation and policy requirements of the art appreciation course, and combining the talent training characteristics of tobacco profession, the construction of tobacco profession can be promoted. By doing this, on the one hand, it is conducive to consolidating the talent training plan of tobacco profession. On the other hand, it can cultivate the artistic ability of students majoring in tobacco, expand their artistic knowledge, and effectively build up their aesthetic quality and artistic level. As the consequence, the talent training quality of tobacco profession can be improved.

A Critical Analysis of the Limitations and Effects of the Brazilian National Broadband Plan

2013 ◽  
pp. 255-274
Author(s):  
André Lemos ◽  
Francisco Paulo Jamil Almeida Marques
Keyword(s):  
Economic Growth ◽  
Twentieth Century ◽  
Critical Analysis ◽  
The Other ◽  
Regulatory Agencies ◽  
Net Neutrality ◽  
Political Effects ◽  
State Monopoly ◽  
Telecommunications Services ◽  
The One

This chapter examines the limitations and the socio-political effects of the Brazilian National Broadband Plan (PNBL: is its Portuguese acronym). The discussion considers the main transformations witnessed in the telecommunications landscape in Brazil during the second half of the twentieth century. On the one hand, the end of state monopoly of telecommunications services and the provision of such services by the private sector called for greater investments in infrastructure. On the other hand, the Brazilian regulatory agencies have failed to lower prices, promote competition, and spread broadband access to remote and underserved areas. The PNBL was launched in order to deal with these difficulties. The plan, however, has at least three important problems: (1) the low-speed connection offered to users, (2) the unattractive prices, and (3) the lack of reflection on issues such as net neutrality. The text argues that only by taking such issues into consideration will the plan ensure innovation, economic growth, diversity, and freedom of access to information.

The Pattern of Economic Growth

2020 ◽  
pp. 66-98
Author(s):  
Tirthankar Roy
Keyword(s):  
Economic Growth ◽  
Statistical Data ◽  
Average Rate ◽  
Economic Change ◽  
National Income ◽  
The Other ◽  
Colonial India ◽  
Definite Pattern ◽  
Per Capita ◽  
The One

Economic change in colonial India followed a definite pattern. Chapter 3 describes the pattern with statistical data. The chapter shows that the average rate of growth of national income per capita was low, but that the average picture is misleading since the experiences of agriculture on the one hand and industry and services on the other differed greatly. The presence of dissimilar trajectories complicates the task of explaining the pattern of change. The chapter suggests that instead of asking if colonialism and globalization made India rich or poor, we should be asking why colonialism and globalization made some livelihoods rich and left some others poor. Chapter 3 surveys the statistical data that enables asking question like this one.

A Michigan Lumbering Family

1960 ◽  
Vol 34 (1) ◽  
pp. 64-76
Author(s):  
Ruth B. Bordin
Keyword(s):  
Economic Growth ◽  
Raw Materials ◽  
The Other ◽  
Simple Processing ◽  
The One

The bonanza lure of lumbering proved irresistible to many established small businessmen, who were dazzled by the prospects of cheap raw materials and simple processing, on the one hand, and by growing markets on the other. Disillusionment was frequent, but amidst crushing difficulties created by inexperience and inadequate capital the small operator proved remarkably ingenious and persistent. His often ill-rewarded and seemingly unjustified ventures contributed much to the economic growth of the nation.

Past as future: The discourse of Chuantong in twentiethcentury China1

2019 ◽  
Vol 6 (2) ◽  
pp. 167-186
Author(s):  
Pi Li
Keyword(s):  
Twentieth Century ◽  
Supply And Demand ◽  
The Other ◽  
Market Forces ◽  
New Wave ◽  
May Fourth Movement ◽  
New Era ◽  
Fourth Movement ◽  
Chinese Intellectuals ◽  
The One

Abstract This article discusses the approaches of Chinese intellectuals and artists to tradition throughout the twentieth century. Tradition in China is understood, on the one hand, as a notion born in a framework constructed by twentieth-century Chinese intellectuals and their realm of senses and concept of time, on the other hand as a notion driven by modernity and capitalism to anchor a work of art to a distinguishable point of time. Hence, the article will first review a series of debates on old and new culture that have taken place since the May Fourth Movement. It will then move on to discuss how contemporary artists made peace with tradition since the '85 New Wave, a new era when artists are also subject to market forces of supply and demand.

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