THE NEW RIGHT STATE AND ECONOMIC LIBERALISM IN THE PERIOD OF TURGUT ÖZAL: POLITICAL ECONOMY OF STATE AND MARKET RELATIONSHIP
Abstract
After the second world war, Keynesian expansion ended and The global economic
crisis erupted in 1970s laid the groundwork for transition from social state approach
to liberal market economy. Hence the state was redefined based on the liberal economic
policies and the developed nations have reformed their administrative structure.
One of these regulatory reform, as the New Right state the opposition emerges.
Sometimes policies known Reaganism, Thatcherism and Ozalism in Turkey were implemented.
Then after Second World War, Turkey had to deviate from liberal economic
aspect because of trading import policies. By this mean 24 January 1980 decisions
have become a turning point for the development of liberal economic thought in
Turkey. Özal introduced a liberal and conservative understanding in Turkey by synthesizing liberal approach in politics and economics with conservative values. Özal has
been a critical figure when Turkey abandoned the state socialism and adopted neoliberal
politics in the 1980s. The developments in Turkish Economy between the years
1980-1990 are denominated as “Özal Term”. Both the role of Turgut Özal in 1980s decisions
and being the prime minister in 1983 made this termmentioned with his name.
Keywords
References
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- BİBER, Ahmet Emre (2008). ‘‘Değişen Devlet Anlayışı, Müdahalecilik ve Piyasa Ekonomisi’’. Sosyal Bilimler Enstitüsü Dergisi 1 (16): 56-69.
Details
Primary Language
Turkish
Subjects
-
Journal Section
Research Article
Publication Date
December 30, 2016
Submission Date
January 30, 2017
Acceptance Date
-
Published in Issue
Year 2016 Volume: 1 Number: 1