Research Article
BibTex RIS Cite

TÜRKİYE VE BRİTANYA ARASINDAKİ İKİLİ EKONOMİK İLİŞKİLERİN BİRİNCİ VE İKİNCİ KÜRESELLEŞME DÖNEMLERİ İÇİN BİR KARŞILAŞTIRMASI

Year 2021, Issue: 33, 245 - 262, 31.10.2021
https://doi.org/10.18092/ulikidince.1004333

Abstract

Birleşik Krallık temelli Endüstriyel Devrimin devamındaki geç 19. Yüzyıl Birinci Küreselleşme Dönemi, Türkiye ve Birleşik Krallık arasındaki hem ikili ticareti hem de ikili doğrudan yatırım akımlarını içeren ikili ekonomik ilişkiyi şekillendirmiştir. Diğer tarafta, Bilgi ve İletişim Teknolojisi devriminin devamındaki geç 20. Yüzyıl İkinci Küreselleşme Döneminde ikili ekonomik ilişkiler, iki taraf arasında daha eşit ilişkilerin gözlemlendiği yeni bir boyut kazanmıştır. Bu çalışmanın amacı, bu iki küreselleşme döneminde hem uluslararası ticaret hem de doğrudan yabancı yatırımı içeren ikili Türk-İngiliz ekonomik ilişkilerinin bu ekonomileri etkileyen değişimlerin büyüklüğü kadar ana farklılıklarını ve benzerliklerini de vurgulamak amacıyla analiz etmek ve karşılaştırmaktır. Birleşik Krallık’daki Endüstriyel Devrimin sadece ekonomik düzeni şekillendirmediği, aynı zamanda “merkez ve çevre”arasındaki ikili ekonomik ilişkileri de şekillendirdiği saptanmıştır. Bu bağlamda, 2001 sonrası İkinci Küreselleşme Dönemi'nde Britanya İmparatorluğu'nun yeni Küreselleşme Dönemi'ndeki yerinin değişmesiyle birlikte, iki taraf arasında Birinci Küreselleşme Dönemi'ne göre en azından uluslararası ticaret açısından “daha eşit ilişkiler” olduğu tespit edilmiştir.

References

  • Angliss, J. (2012). Turkish-British Economic Relations 2002-2012: An Intensely Political Re-lationship. Master Thesis. Middle East Technical University.
  • Bordo, M., Eichengreen, B. and Irwin, D.A. (1999). Is Globalization Today Really Different Than Globalization a Hundred Years Ago. eml.berkeley.edu/~eichengr/research/brooking.pdf
  • Demirkan, O. and Eryiğit, B. (2014). Turkey: Economic Relations Between The UK And Turkey: No Stopping http://www.mondaq.com/turkey/x/298742/international+trade+investment/Economic+Relations+Between+The+UK+And+Turkey+NO+STOPPING
  • Dicken, P. (2015). Global Shift: Mapping the Changing Contours of the World Economy. The Guilford Press, New York.
  • Eun, C.S., and Resnick, B.G. (2001). International Financial Management. McGraw-Hill, Singapure.
  • Epstein, G. (2005). “Introduction: Financialization and the World Economy”, Epstein, G. (Ed.), Financialization and the World Economy, Edward Elgar Publishing, 3-16.
  • Foreign & Commonwealth Office (2016). Guidance Overseas Business Risk –Turkey. https://www.gov.uk/government/publications/overseas-business-risk-turkey/overseas-business-risk-turkey Geyikdagi, V.N. (2015). French Direct Investments in the Ottoman Empire Before World War I. Enterprise & Society, 12(3), 525–561.
  • Gursel, S. (1985). 1838 Osmanlı İngiliz Ticaret Anlaşması. Tanzimattan Cumhuriyete Türkiye Ansiklopedisi, İstanbul.
  • Hague, W. (2011). Britain and Turkey: A New Special Relationship. http://www.telegraph.co.uk/news/worldnews/europe/turkey/8906161/Britain-and-Turkey-a-new-special-relationship.html
  • Karabell, Z. (2004). Balta Liman, Convention of (1838). Encyclopedia of the Modern Middle East and North Africa. The Gale Group, Inc. from http://www.encyclopedia.com/doc/1G2-3424600439.html
  • Kazgan, G. (2012). Turkiye Ekonomisinde Krizler (1929-2009). Istanbul Bilgi Üniversitesi Yayınları, Istanbul.
  • Krugman P., and Venables A. J. (1995). Globalization and the Inequality of Nations. Quar-terly Journal of Economics, 110 (10), 854–880.
  • Lawrence H. Officer. (2016). Dollar-Pound Exchange Rate From 1791. MeasuringWorth.
  • Oksuz, H., Usta, V., and Inan, K. (2009). Trabzon: Ticaret ve Sanayi Odası Tarihi (1884-1950). Trabzon Ticaret ve Sanayi Odası, Trabzon. Pamuk, S. (1995). Ottoman Foreign Trade in the 19th Century Historical Statistics Series. State Institute of Statistics Prime Ministry Republic of Turkey, Ankara.
  • Perraton, J. (2001). The Global Economy-Myths and Realities. Cambridge Journal of Eco-nomics, 25, 669-684.
  • Perraton, J., Goldblatt, D., Held, D., and Mcgrew, A. (1997). The Globalization of Economic Activity. New Political Economy, 2 (2), 257-277.
  • Republic of Turkey Ministry of Foreign Affairs (2011). Relations between Turkey and the United Kingdom., http://www.mfa.gov.tr/relations-between-turkey-and-the-united-kingdom.en.mfa.
  • Rodrik, D. (2011). Akıllı Küreselleşme. Efil Yayınevi, Ankara.
  • Rodrik, D. (1997). Has Globalization Gone To Far. Institute for International Economics, Washington D.C.
  • Sparks, C. (2005). The Problem of Globalization. Global Media and Communication, 1 (1), 20–23.
  • Steger, M. B. (2013). It's About Globalization, After All: Four Framings of Global Studies. A Response to Jan Nederveen Pieterse's ‘What is Global Studies?. Globalizations, 10 (6), 771-777. Strand, J. R., Mueller, T. F., and McArthur, J.A. (2005). The Essentially Contested Concept Of Globalisation. Politics and Ethics Review, 1 (1), 45-59.
  • UNCTAD. (2004). World Investment Report 2004— The Shift Towards Services. United Na-tions Conference on Trade and Development, New York and Geneva.
  • UNCTAD. (2016). World Investment Report 2016— Investor Nationality-Policy Challenges. United Nations Conference on Trade and Development, New York and Geneva.
  • Wallerstein, I. (1974). The Rise and Future Demise of the World Capitalist System: Con-cepts for Comparative Analysis. Comparative Studies in Society and History, 16 (4): 387-415.
  • Wolf, M. (2001). Is Today’s Globalisation Different From What Has Gone Before?. faculty.chicagobooth.edu/marvin.../wolfglobalisation.doc.

A COMPARISON OF THE BILATERAL ECONOMIC RELATIONSHIP BETWEEN TURKEY AND BRITAIN FOR THE FIRST AND SECOND GLOBALISATION ERAS

Year 2021, Issue: 33, 245 - 262, 31.10.2021
https://doi.org/10.18092/ulikidince.1004333

Abstract

The First Globalisation Era of the late 19th century following the United Kingdom (UK) based Industrial Revolution, shaped the bilateral economic relationship between Turkey, formerly, Ottoman Empire and the UK, formerly, British Empire, including both bilateral trade and direct investment flows. On the other hand, in the Second Globalisation Era, following the Information and Communications Technology revolution, in late 20th century, bilateral economic relations gained a new dimension, where “more equal relationships” were observed between the two parties. The aim of this paper is to analyse and compare the bilateral Turkish-English economic relationship including both international trade and foreign direct investment in these two globalisation eras in order to emphasise the main differences and similarities as well as the magnitude of changes affecting these economies. It is found out that the industrial revolution in the UK did not shape the economic order only but also shaped the bilateral economic relationships between the so called “centre and periphery”. In this regard, in the Second Globalisation Era after 2001 with the changing place of the Britain Empire in the new Globalisation Era “more equal relationships” between two parties compared to the First Globalisation Era is found out, at least in terms of international trade.

References

  • Angliss, J. (2012). Turkish-British Economic Relations 2002-2012: An Intensely Political Re-lationship. Master Thesis. Middle East Technical University.
  • Bordo, M., Eichengreen, B. and Irwin, D.A. (1999). Is Globalization Today Really Different Than Globalization a Hundred Years Ago. eml.berkeley.edu/~eichengr/research/brooking.pdf
  • Demirkan, O. and Eryiğit, B. (2014). Turkey: Economic Relations Between The UK And Turkey: No Stopping http://www.mondaq.com/turkey/x/298742/international+trade+investment/Economic+Relations+Between+The+UK+And+Turkey+NO+STOPPING
  • Dicken, P. (2015). Global Shift: Mapping the Changing Contours of the World Economy. The Guilford Press, New York.
  • Eun, C.S., and Resnick, B.G. (2001). International Financial Management. McGraw-Hill, Singapure.
  • Epstein, G. (2005). “Introduction: Financialization and the World Economy”, Epstein, G. (Ed.), Financialization and the World Economy, Edward Elgar Publishing, 3-16.
  • Foreign & Commonwealth Office (2016). Guidance Overseas Business Risk –Turkey. https://www.gov.uk/government/publications/overseas-business-risk-turkey/overseas-business-risk-turkey Geyikdagi, V.N. (2015). French Direct Investments in the Ottoman Empire Before World War I. Enterprise & Society, 12(3), 525–561.
  • Gursel, S. (1985). 1838 Osmanlı İngiliz Ticaret Anlaşması. Tanzimattan Cumhuriyete Türkiye Ansiklopedisi, İstanbul.
  • Hague, W. (2011). Britain and Turkey: A New Special Relationship. http://www.telegraph.co.uk/news/worldnews/europe/turkey/8906161/Britain-and-Turkey-a-new-special-relationship.html
  • Karabell, Z. (2004). Balta Liman, Convention of (1838). Encyclopedia of the Modern Middle East and North Africa. The Gale Group, Inc. from http://www.encyclopedia.com/doc/1G2-3424600439.html
  • Kazgan, G. (2012). Turkiye Ekonomisinde Krizler (1929-2009). Istanbul Bilgi Üniversitesi Yayınları, Istanbul.
  • Krugman P., and Venables A. J. (1995). Globalization and the Inequality of Nations. Quar-terly Journal of Economics, 110 (10), 854–880.
  • Lawrence H. Officer. (2016). Dollar-Pound Exchange Rate From 1791. MeasuringWorth.
  • Oksuz, H., Usta, V., and Inan, K. (2009). Trabzon: Ticaret ve Sanayi Odası Tarihi (1884-1950). Trabzon Ticaret ve Sanayi Odası, Trabzon. Pamuk, S. (1995). Ottoman Foreign Trade in the 19th Century Historical Statistics Series. State Institute of Statistics Prime Ministry Republic of Turkey, Ankara.
  • Perraton, J. (2001). The Global Economy-Myths and Realities. Cambridge Journal of Eco-nomics, 25, 669-684.
  • Perraton, J., Goldblatt, D., Held, D., and Mcgrew, A. (1997). The Globalization of Economic Activity. New Political Economy, 2 (2), 257-277.
  • Republic of Turkey Ministry of Foreign Affairs (2011). Relations between Turkey and the United Kingdom., http://www.mfa.gov.tr/relations-between-turkey-and-the-united-kingdom.en.mfa.
  • Rodrik, D. (2011). Akıllı Küreselleşme. Efil Yayınevi, Ankara.
  • Rodrik, D. (1997). Has Globalization Gone To Far. Institute for International Economics, Washington D.C.
  • Sparks, C. (2005). The Problem of Globalization. Global Media and Communication, 1 (1), 20–23.
  • Steger, M. B. (2013). It's About Globalization, After All: Four Framings of Global Studies. A Response to Jan Nederveen Pieterse's ‘What is Global Studies?. Globalizations, 10 (6), 771-777. Strand, J. R., Mueller, T. F., and McArthur, J.A. (2005). The Essentially Contested Concept Of Globalisation. Politics and Ethics Review, 1 (1), 45-59.
  • UNCTAD. (2004). World Investment Report 2004— The Shift Towards Services. United Na-tions Conference on Trade and Development, New York and Geneva.
  • UNCTAD. (2016). World Investment Report 2016— Investor Nationality-Policy Challenges. United Nations Conference on Trade and Development, New York and Geneva.
  • Wallerstein, I. (1974). The Rise and Future Demise of the World Capitalist System: Con-cepts for Comparative Analysis. Comparative Studies in Society and History, 16 (4): 387-415.
  • Wolf, M. (2001). Is Today’s Globalisation Different From What Has Gone Before?. faculty.chicagobooth.edu/marvin.../wolfglobalisation.doc.
There are 25 citations in total.

Details

Primary Language English
Subjects Economics
Journal Section Articles
Authors

Ayca Sarialioglu Hayali

Yontem Sonmez This is me 0000-0002-3262-2221

Publication Date October 31, 2021
Published in Issue Year 2021 Issue: 33

Cite

APA Sarialioglu Hayali, A., & Sonmez, Y. (2021). A COMPARISON OF THE BILATERAL ECONOMIC RELATIONSHIP BETWEEN TURKEY AND BRITAIN FOR THE FIRST AND SECOND GLOBALISATION ERAS. Uluslararası İktisadi Ve İdari İncelemeler Dergisi(33), 245-262. https://doi.org/10.18092/ulikidince.1004333

______________________________________________________

Address: Karadeniz Technical University Department of Economics Room Number 213  

61080 Trabzon / Turkey

e-mail : uiiidergisi@gmail.com