Three Economic Depressions of the Turkish Economy

Author(s):  
Cengizhan Yıldırım

The aim of this chapter is to analyze the three depressions of Turkish economy, which are the period of Second World War, the second half of the 1970s, and between 1994 and 2001. In these depression periods, the supply-demand balance completely deteriorated, and the economy completely collapsed. The economic paradigm changed after each depression, but economic problems have never changed. As very different economical models, étatism, planning import substitution industrialization, neoliberal economy policies have been tested for Turkish economy, but none of them has been successful. The lack of knowledge of facts of economics is the main cause of depressions. For innovative strategy, the Turkish economy needs more free market and deregulation.

2012 ◽  
Vol 44 (2) ◽  
pp. 285-317 ◽  
Author(s):  
CLAUDIO BELINI

AbstractThis article studies the growth and decline of Argentine exports of manufactured goods during the 1940s and 1950s. In a context that was favourable due to the global scarcity of manufactured goods, Argentine industry managed to sell its products in several foreign markets, especially in Latin America, during the Second World War. In the post-war period, however, exports declined and returned to the levels of the 1930s. After 1950 the Peronist administration again tried to stimulate exports through the use of various incentives, but they did not revive. The article examines the reasons for this decline, the role played by the economic, commercial and industrial policies of the Peronist era, and the problems that Argentine industry faced in remaining competitive. Based on this analysis, the paper questions the interpretation that argues that exporting manufactured goods was a viable path for development for import substitution industrialisation countries in the post-war world. In this respect the paper contributes to the discussion of different paths towards economic development in Latin America.


2021 ◽  
pp. 141-159
Author(s):  
Uta Andrea Balbier

Anti-Communism constituted a core feature of Billy Graham’s preaching in the 1950s. In Graham’s sermons Communism did not just stand for the anti-religious thread of an atheistic ideology, as it was traditionally used in Protestant Fundamentalist circles, but also for its opposition to American freedom and Free Market Capitalism. This article argues that the term Communism took on significantly new meaning in the evangelical milieu after the Second World War, indicating the new evangelicals’ ambition to restore, defend, and strengthen Christianity by linking it into the discourse on American Cold War patriotism. This article will contrast the anti-Communist rhetoric of Billy Graham and other leading evangelical figures of the 1950s, such as Harold Ockenga, with the anti-Communist rhetoric used by early Fundamentalists in the 1910s and 1920s. Back then, Communism was predominantly interpreted as a genuine threat to Christianity. The term also made appearances in eschatological interpretations regarding the imminent end-times. The more secular interpretation of Communism as a political and economic counter-offer by evangelical preachers such as Billy Graham will be discussed as an important indicator of the politicization and implied secularization of the evangelical milieu after the Second World War.


2009 ◽  
Vol 4 (1) ◽  
pp. 61-81
Author(s):  
Chieh Huang

AbstractThe General Agreement on Tariffs and Trade (GATT) and its successor, the Word Trade Organization (WTO), have been the main forum of international trade since the end of the Second World War. The regime is unquestionably based on free-market rules and principles. Yet in the last two decades, formerly planned economies — including Eastern European countries, former Soviet countries and China — have attempted to join the GATT/WTO. To encourage their transition under the influence of free-market principles, and to be a truly global trade organization, the GATT/WTO has accepted applicants with a reforming planned economy. This article studies the evolution of the GATT/WTO's approaches to integrate non-market economies and shows that the approach to integrate non-market economies during the WTO era is significantly different than during the GATT. While special mechanisms were provided in GATT accession protocols to bridge different market structures, WTO accessions require non-market economies to convert their own market structures. This article holds that this intolerance of different market structures in the WTO reflects the collapse of embedded liberalism and the rise of coercive trade diplomacy. Multilateral trade diplomacy has therefore become a means of imposing a domestic restructuring of economic structures rather than providing a negotiation forum for trade liberalization.


Author(s):  
Goran Rajović ◽  
Jelisavka Bulatović

Text which follows represents geographical contribution to the study of the economy of northeastern Montenegro, on example of municipalities Berane, Andrijevica and Plav. Temporal frame for the study covers the period from prehistoric of our time. The focus of research directed on two sets of questions, it is on: the characteristics of economic development to the Second World War and on characteristics of the development of the economy after the Second World War. By the beginning World War II, analyzed the geographical space was one of the underdeveloped areas of Montenegro. Prevailing is mostly agricultural production. After the Second World War former Yugoslavia, in whose composition is entered and Montenegro, started is in process accelerated industrialization. High measure of job security prevented activity mechanism of competition and the market economy. There was no pressure on employed workers to increase efficiency, which led to such situations that for exercise same scale of production engaged considerably more workers than in the classical (an entrepreneurial) firms. The economic consequences were are expected: since the mid-of the seventies years ago the last century up to the complete collapse of the economic system at the end of the eighties years ago the last century, productivity Labour is mobiles falls while is hidden unemployment grew. Development problems and irrational economic system retain all the professional and scientific opinions, without the possibility of that the any particular conduct proceedings. I then, appearance and now we did not manage to elevate above observation. Therefore, thus conclude that is necessary develop a special economic innovative strategy for regional policy, adapted on the hilly-mountainous regions what, kind of is exactly and analyzed geo-space


Belleten ◽  
2001 ◽  
Vol 65 (242) ◽  
pp. 257-312
Author(s):  
Yücel Güçlü

The Italian invasion of Ethiopia in 1935 marked the beginning of a definite closeness in Turco-British relations, which were to undergo a long process of development. During the Ethiopian crisis, Turkey followed Britain in defence of the League of Nations Covenant. Firm co-operation between Turkey and Britain during the Montreux Straits Conference of 1936 further accelerated the pace of rapprochement. With King Edward VIII's visit to Turkey, just after the Montreux settlement, the mutual friendship took a step forward. At the Nyon Conference of 1937, Turkey supported Britain in its defence of international shipping against attacks by pirate submarines in the Mediterranean. Nyon drew the Turks and British closer together. In 1938 Britain granted a credit of sixteen million pounds to Turkey which strengthened the growing friendship between Ankara and London and aimed at reducing the necessity of Turkish economy depending on Germany. Germany's occupation of Czechoslovakia and Italy's annexation of Albania in the spring of 1939 soon led Turkey and Britain to sign a mutual assistance agreement. This accord combined Turkish and British energies for the protection of peace and paved the way for the conclusion of the Turco-Anglo-French Triple Alliance Treaty in the autumn of the same year.


Author(s):  
Neil Forbes

AbstractThis essay focuses on a problem confronting most advanced, industrial states as they prepared for and then engaged in fighting a material-intensive, modern war: how to produce armaments and synthetic products in peacetime but also establish capacity to satisfy a future and uncertain level of demand during wartime. In establishing "shadow factories" which were state-owned but built and operated by risk-averse, private-sector firms, Britain and Germany appeared to produce very similar national solutions for internationally-shared, economic problems. Rearmament policies were driven much less by ideological objectives and far more by economic exigencies. However, this essay examines how a combination of economic, political and strategic factors structured the operation of the shadow factory scheme in Britain. In contrast to interpretations that emphasise Britain's readiness for conflict, the evidence offered here suggests that the constraints imposed by democracy on the mobilisation of resources placed Britain at a disadvantage at the outset of the Second World War.


2006 ◽  
Vol 49 (4) ◽  
pp. 1155-1183
Author(s):  
R. M. DOUGLAS

During the first half of the Second World War, a network of secretive ultra-right movements emerged in Ireland for the purpose of assisting the Axis cause. These groups had little contact with fascist organizations overseas, but rather were indigenous expressions of discontent with the perceived failure of Irish liberal democracy to address the country’s political and economic problems. Numerically weak, poorly led, and ideologically unsophisticated, the pro-Axis underground made little progress in its subversive activities and was kept in check by the security services. Nonetheless, evidence suggests that a considerable number of Irishmen and women on both sides of the Border shared its underlying objective of aligning Ireland with what they regarded as an emerging post-democratic world order.


1991 ◽  
Vol 34 (3) ◽  
pp. 687-702 ◽  
Author(s):  
Stephen Brooke

‘Socialist planning’ was a notable, if unlikely casualty of Labour government after the Second World War. Between 1931 and the election victory of 1945, central economic planning was, in the words of G.D.H. Cole, the ‘professed creed of the Labour Party’. Depression and war demonstrated that the anarchy of free-market capitalism had to ‘give way to ordered planning under national control’. Labour won the election of 1945 with a commitment to ‘plan from the ground up’ through the socialization of industry, the establishment of a national investment board and the use of wide-ranging economic controls. Planning was the defining characteristic of Labour's socialism in this period and it could indeed be argued that the party did not find so effective a political rhetoric until ‘Labour and the scientific revolution’ in 1963.


Author(s):  
Howard Brick

The idea that ‘Western’ politics had witnessed a post-Second World War ‘end of ideology’ carried great weight among mid-twentieth-century liberal European and US intellectuals. Almost as soon as this idea was broadcast, however, it became the object of intense debate: what represented to some a welcome reprieve from ‘extreme’ and destructive political doctrines (‘isms’), and the conflict between them, struck others as an order of complacency that stifled vigorous political debate and meaningful visions of a better future. It remains exceedingly difficult to locate a clear meaning to the phrase, ‘the end of ideology’. Nonetheless, the most prevalent definition aligned it with a very moderate social-democratic perspective that was anti-Communist and allied with anti-Soviet Cold War policies, dedicated to the promise of the postwar ‘welfare state’ (in a ‘left-liberal’ sense that dismissed ideologies of free-market efficiency), and tinged with a culturally conservative disposition that was suspicious of disruptive protest movements and avant-garde culture.


Aschkenas ◽  
2018 ◽  
Vol 28 (1) ◽  
pp. 119-144
Author(s):  
J. Friedrich Battenberg

Abstract The German-Jewish legal historian, Guido Kisch, born into the former Bohemian Jewish community of Prague, was a very famous scientist during the Weimar Republic and the first decades after the Second World War. Persecuted by the Nazis, he had to leave Germany for the United States of America. His research on matters relating to medieval German law, social and economic problems of medieval society, especially of the Jewish communities, became famous inside the scientific community. But less is known as to his Jewishness and the influence of his traditional Jewish views on his scientific ideas and discoveries, or of his personal reasons for his actions and decisions. The reasons for this lack of clarity are evidently, in his opinion, that one must separate legal analyses and research from personal influences and interests - apparently an opinion gained under the influence of Max Weber’s positivism. But we can find some indications in the biography of Guido Kisch and his family. The following reflections demonstrate that there definitely are connections between his (private) faith and his scientific findings.


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