Research Article
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VARIETIES OF CAPITALISM IN DEVELOPING ECONOMIES: THE CASE OF TURKEY AS A HIERARCHICAL MARKET ECONOMY

Year 2026, Volume: 24 Issue: 1, 22 - 45, 21.03.2026
https://doi.org/10.11611/yead.1627834
https://izlik.org/JA56NE99ZL

Abstract

Kapitalizmin çeşitleri ile ilgili literatüre birçok eleştiri yöneltilmiştir. Yapılan bu eleştiriler ilgili literatür incelenirken, devlet müdahalesi, iş dünyası-devlet ilişkisi gibi faktörlerin dikkate alınmasına sebep olmuştur. Bu bağlamda Liberal ve Eşgüdümlü Piyasa ekonomilerinin yanı sıra, Bağımlı, Karma ve Hiyerarşik Piyasa Ekonomileri de tartışılmıştır. Bu makalenin amacı da kapitalimin çeşitlerine ilişkin tartışmaları geliştirmek ve kapitalizmin çeşitleri sınıflandırmasında konumu belirsiz olarak tanımlanan Türkiye’nin yerini ilgili literatür bağlamında tespit etmektir. Yapılan inceleme sonucunda elde edilen sonuçlar, Türkiye’nin Hiyerarşik Piyasa Ekonomisi özelliklerine sahip olduğunu göstermektedir. Bu bağlamda Türkiye’de aile işletmelerinde, endüstri ilişkilerinde, devletin rolünde, eğitimde ve çok uluslu şirketlerin etkisinde Hiyerarşik Piyasa Ekonomisi’nin karakteristik özelliklerini gözlemlemek mümkündür.

Ethical Statement

Yazar çıkar çatışması bildirmemiştir.

Supporting Institution

Yazar bu çalışma için finansal destek almadığını beyan etmiştir.

Thanks

-

References

  • Barro, R. J. (2001) "Human Capital and Growth", American Economic Review, 91(2): 12–17.
  • Bonaglia, F., Colpan, A. M. and Goldstein, A. (2008) "Industrial Upgrading in the White Goods Global Value Chain: The Case of Arcelik", ITEC Working Paper Series 08–04.
  • Bresser-Pereira, L. C. (2012) "Five Models of Capitalism", Revista de Economia Política, 32(1): 21–32.
  • Buğra, A. and Savaşkan, O. (2012) "Political Class: The Turkish Business Environment in the Neoliberal Age", New Perspectives on Turkey, 46: 27-63.
  • Buğra, A. and Savaşkan, O. (2015) "Türkiye’de Yeni Kapitalizm: Siyaset, Din ve İş Dünyası", İstanbul: İletişim Yayınevi.
  • Carney, R. W. (2016) "Varieties of Hierarchical Capitalism: Family and State Market Economies in East Asia", The Pacific Review, 29(2): 137–163.
  • Chu, Y. W. and Kong, T. Y. (2024) "East Asian Varieties of Capitalism and Socio-Economic Inequality: South Korea and Hong Kong Compared", Journal of Contemporary Asia, 54(1): 61-89.
  • Colpan, A. M. and Jones, G. (2016) "Business Groups, Entrepreneurship and the Growth of the Koç Group in Turkey", Business History, 58(1): 69–88.
  • Çelik, A. and Lordoğlu, K. (2006) "Türkiye’de Resmi Sendikalaşma İstatistiklerinin Sorunları Üstüne", Çalışma ve Toplum, 2(9): 11–30.
  • Dale, G. and Unkovski-Korica, V. (2023) "Varieties of Capitalism or Variegated State Capitalism? East Germany and Yugoslavia in Comparative Perspective", Business History, 65(7): 1242-1274.
  • Dili, S., Elert, N., and Herrmann, A. M. (2018) "Varieties of Enterpreneurship: Exploring the Institutional Foundations of Different Entrepreneurship Types Through 'Varieties-of- Capitalism' Arguments", Small Business Economics, 51: 1293-320.
  • Feldmann, M. (2019) "Global Varieties of Capitalism", World Politics, 71(1): 162–196.
  • Gumuscu, S. and Sert, D. (2009) "The Power of the Devout Bourgeoisie: The Case of the Justice and Development Party in Turkey", Middle Eastern Studies, 45(6): 953–968.
  • Hall, Peter A. and Soskice, D. (2001) "An Introduction to Varieties of Capitalism", P. A. Hall and D. Soskice (eds.) Varieties of Capitalism: The Institutional Foundations of Comparative Advantage (pp.1-70), New York: Oxford University Press.
  • Hancké, B., Rhodes, M., and Thatcher, M. (2007) "Introduction: Beyond Varieties of Capitalsim" B. Hancké, M. Rhodes and M. Thatcher (eds.) Beyond Varieties of Capitalism (pp. 3–38), Oxford: Oxford University Press.
  • Hassel, A. (2014) "Adjustments in the Eurozone: Varieties of Capitalism and the Crisis in Southern Europe", LEQS Paper No. 76.
  • Herrigel, G. and Zeitlin, J. (2010) "Alternatives to Varieties of Capitalism", The Business History Review, 84(4): 667-674.
  • Hirshleifer, S., McKenzie, D., Almeida, R. and Ridao-Cano, C. (2016) "The Impact of Vocational Training for the Unemployed: Experimental Evidence from Turkey", The Economic Journal, 126 (597): 2115–2146.
  • Istanbul Chamber of Industry (ISO) (2021) "Türkiye's Top 500 Industrial Enterprises", https://www.iso500.org.tr/homepage, (19.07.2023).
  • Iversen, M. J. (2010) "The "Varieties of Capitalism" Approach as an Analytical Tool for Business Historians", The Business History Review, 84(4): 664-666.
  • Kıran, J. (2018) "Expanding the Framework of the Varieties of Capitalism: Turkey as a Hierarchical Market Economy", Journal of Eurasian Studies, 9(1): 42–51.
  • Kim, D., Kandemir, D. and Cavusgil, S. T. (2004) "The Role of Family Conglomerates in Emerging Markets: What Western Companies Should Know", Thunderbird International Business Review, 46(1): 13–38.
  • Kobrak, C., Oesterle, M. J. and Röber, B. (2018) "Escape FDI and the Varieties of Capitalism: Why History Matters in International Business", Management International Review, 58: 449-464.
  • Lazonick, W. (2010) "Innovative Business Models and Varieties of Capitalism: Financialization of the U.S. Corporation", Business History Review, 84(4): 675–702.
  • MacKenzie, N. G., Perchard, A., Miller, C., and Forbes, N. (2021) "Business-Government Relations and National Economic Models: A Review and Future Research Directions in Varieties of Capitalism and Beyond", Business History, 63(8): 1239-1252.
  • Mariotti, S. and Marzano, R. (2019) "Varieties of Capitalism and the Internationalization of State-Owned Enterprises", Journal of International Business Studies, 50(5): 669-691.
  • Miller, R. M. (2010) "Latin American Business History and Varieties of Capitalism", The Business History Review, 84(4): 653-657.
  • Molina, Ó. and Rhodes, M. (2007) "The Political Economy of Adjustment in Mixed Market Economies: A Study of Spain and Italy", B. Hancké, M. Rhodes and M. Thatcher (eds) Beyond Varieties of Capitalism (pp. 223–252), Oxford: Oxford University Press.
  • Nölke, A. (2010) "A “BRIC”-Variety of Capitalism and Social Inequality: The Case of Brazil", Revista de Estudos e Pesquisas Sobre as Américas, 4(1): 1-14.
  • Nölke, A. and Vliegenthart, A. (2009) "Enlarging the Varieties of Capitalism: The Emergence of Dependent Market Economies in East Central Europe", World Politics, 61(4): 670–702.
  • Organisation for Economic Co-operation and Development (OECD) (2021) "OECD Statistics", https://stats.oecd.org/, (11.09.2022).
  • Our World in Data (OWD) (2021) "Tertiary Education - Our World in Data", https://ourworldindata.org/global-education, (20.07.2023).
  • Ozel, I. (2011) "Emerging and Hybrid: The Cases of Turkish and Brazilian Market Economies", Desenvolvimento Em Debate, 2(1): 65–95.
  • Ozyigit, A. and Eminer, F. (2011) "Bounds Test Approach to the Relationship Between Human Capital and Foreign Direct Investment as Regressors of Economic Growth in Turkey", Applied Economics Letters, 18(6): 561–565.
  • Öztürk, F. (2019) "PISA Testi 2018 Sonuçları Açıklandı: Türkiye Yine Tüm Alanlarda OECD Ortalamasının Altında", BBC News Türkçe. https://www.bbc.com/turkce/haberler-turkiye-50639723, (11.09.2022).
  • Pittaki, Z. (2021) "No Mutiny Will Be Allowed': Business, the Tax System and the Greek Version of Mediterranean Capitalism During Dictatorship, 1967-1974", Business History, 63(8): 1293-1308.
  • Presidency of the Republic of Turkey Investment Office (2021) "Türkiye’de Uluslararası Doğrudan Yatırım", https://www.invest.gov.tr/tr/whyturkey/sayfalar/fdi-in-turkey.aspx, (20.07.2023).
  • Sak, G. (2017) "Son 25 Yıldır Türk Sanayiinde Değişen Nedir?", Dünya Gazetesi. https://www.dunya.com/kose-yazisi/son-25-yildir-turk-sanayiinde-degisen-nedir/374152, (20.11.2025).
  • Saucedo-Acosta, E. J., Rullán, S. and Villafuerte Valdés, L. F. (2015) "Hierarchical Capitalism In Latin America: Comparative Analysis With Other Economies", International Journal of Business and Economic Sciences Applied Research, 8(3): 69–82.
  • Saucedo-Acosta, E. J., Montalvo Romero, M. T. and Villafuerte Valdés, L. F. (2018) "Dependent Market Economies and Hierarchical Market Economies and Their National Innovation Systems: The Case of Poland and Mexico", Marketing of Scientific and Research Organizations, 30(4): 157-184.
  • Saucedo-Acosta, E. J., Salinas Aguilar, D. Y. and Díaz Pedroza, J. (2019) "The Balkans as a Hierarchical Market Economy", European Journal of Interdisciplinary Studies, 11(2): 13–25.
  • Schedelik, M., Nölke, A., Mertens, D. and May, C. (2021) "Comparative Capitalism, Growth Models and Emerging Markets: The Development of the Field", New Political Economy, 26(4): 514–526.
  • Schmidt, V. A. (2007) "Changes in Comparative Political Economy: Taking Labor Out, the State Back In, Putting the Firm Front and Center", 30th Anniversary Issue of West European Politics, European University Institute, Florence.
  • Schmidt, V. A. (2009) "Putting the Political Back into Political Economy by Bringing the State Back in Yet Again", World Politics, 61(3): 516-546.
  • Schneider, B. R. (2009a) "A Comparative Political Economy of Diversified Business Groups, or How States Organize Big Business", Review of International Political Economy, 16(2): 178–201.
  • Schneider, B. R. (2009b) "Hierarchical Market Economies and Varieties of Capitalism in Latin America", Journal of Latin American Studies, 41(3): 553–575.
  • Sluyterman, K. (2015) "Introduction", K. Sluyterman (ed.) Varieties of Capitalism and Business History: The Dutch Case (pp. 1-21), New York: Routledge.
  • Srour, I., Taymaz, E. and Vivarelli, M. (2013) "Skill-Biased Technological Change and Skill-Enhancing Trade in Turkey: Evidence from Longitudinal Microdata", IZA DP No. 7320.
  • Thelen, K. (2010) "Varieties of Capitalism and Business History", The Business History Review, 84(4): 646-648. Tulun, T. E. and Oktem, G. (2012) "Uncertainty- Turkey and the Varieties of Capitalism", 4th ECPR Graduate Conference.
  • Verhoef, G. (2021) "Settlers and Comrades'. The Variety of Capitalism in South Africa, 1910-2016", Business History, 63(8): 1413-1446.
  • Wilkins, M. (2010) "Multinational Enterprises and the Varieties of Capitalism", The Business History Review, 84(4): 638-645.
  • Witt, A. A. and Redding, G. (2013) "Asian Business Systems: Institutional Comparison, Clusters and Implications for Varieties of Capitalism and Business Systems Theory", Socio-Economic Review, 11(2): 265-300.
  • Xia, C. (2021) "State Intervention in East Asia's Varieties of Capitalism: A Case Study of the Electric Power Industry in China and Japan, 1882-1951", Business History, 63(8): 1309-1326.
  • Yagci, M. (2021) "The Turkish Variety of State-Permeated Capitalism and Mutually Dependent State-Business Relations", Journal of Contemporary Asia, 51(5): 759–781.
  • Yilmaz, G. and Saracoglu, D. S. (2016) "Technological Change, Human Capital, and Absorptive Capacity: Can Turkey Escape the Kiddle Income Trap?", METU Studies in Development, 43(1): 391–424.

VARIETIES OF CAPITALISM IN DEVELOPING ECONOMIES: THE CASE OF TURKEY AS A HIERARCHICAL MARKET ECONOMY

Year 2026, Volume: 24 Issue: 1, 22 - 45, 21.03.2026
https://doi.org/10.11611/yead.1627834
https://izlik.org/JA56NE99ZL

Abstract

There has been much criticism of the literature related to the main types of varieties of capitalism. These criticisms have caused factors such as state intervention and business-state relation to be taken into account when analyzing the literature. In this context, in addition to Liberal and Coordinated Market Economies, there has also been discussion of Dependent, Mixed, and Hierarchical Market Economies. The aim of this article was to develop the discussions on the varieties of capitalism and to determine the place of Turkey, the position of which has been defined as uncertain in the varieties of capitalism classification. The results obtained from this analysis show that Turkey has the characteristics of a Hierarchical Market Economy. It is possible to observe the characteristics of Hierarchical Market Economy in family businesses, industrial relations, the role of the state, education and the impact of multinational companies in Turkey.

Ethical Statement

The author has no conflict of interest to declare.

Supporting Institution

The author declared that this study has received no financial support.

Thanks

-

References

  • Barro, R. J. (2001) "Human Capital and Growth", American Economic Review, 91(2): 12–17.
  • Bonaglia, F., Colpan, A. M. and Goldstein, A. (2008) "Industrial Upgrading in the White Goods Global Value Chain: The Case of Arcelik", ITEC Working Paper Series 08–04.
  • Bresser-Pereira, L. C. (2012) "Five Models of Capitalism", Revista de Economia Política, 32(1): 21–32.
  • Buğra, A. and Savaşkan, O. (2012) "Political Class: The Turkish Business Environment in the Neoliberal Age", New Perspectives on Turkey, 46: 27-63.
  • Buğra, A. and Savaşkan, O. (2015) "Türkiye’de Yeni Kapitalizm: Siyaset, Din ve İş Dünyası", İstanbul: İletişim Yayınevi.
  • Carney, R. W. (2016) "Varieties of Hierarchical Capitalism: Family and State Market Economies in East Asia", The Pacific Review, 29(2): 137–163.
  • Chu, Y. W. and Kong, T. Y. (2024) "East Asian Varieties of Capitalism and Socio-Economic Inequality: South Korea and Hong Kong Compared", Journal of Contemporary Asia, 54(1): 61-89.
  • Colpan, A. M. and Jones, G. (2016) "Business Groups, Entrepreneurship and the Growth of the Koç Group in Turkey", Business History, 58(1): 69–88.
  • Çelik, A. and Lordoğlu, K. (2006) "Türkiye’de Resmi Sendikalaşma İstatistiklerinin Sorunları Üstüne", Çalışma ve Toplum, 2(9): 11–30.
  • Dale, G. and Unkovski-Korica, V. (2023) "Varieties of Capitalism or Variegated State Capitalism? East Germany and Yugoslavia in Comparative Perspective", Business History, 65(7): 1242-1274.
  • Dili, S., Elert, N., and Herrmann, A. M. (2018) "Varieties of Enterpreneurship: Exploring the Institutional Foundations of Different Entrepreneurship Types Through 'Varieties-of- Capitalism' Arguments", Small Business Economics, 51: 1293-320.
  • Feldmann, M. (2019) "Global Varieties of Capitalism", World Politics, 71(1): 162–196.
  • Gumuscu, S. and Sert, D. (2009) "The Power of the Devout Bourgeoisie: The Case of the Justice and Development Party in Turkey", Middle Eastern Studies, 45(6): 953–968.
  • Hall, Peter A. and Soskice, D. (2001) "An Introduction to Varieties of Capitalism", P. A. Hall and D. Soskice (eds.) Varieties of Capitalism: The Institutional Foundations of Comparative Advantage (pp.1-70), New York: Oxford University Press.
  • Hancké, B., Rhodes, M., and Thatcher, M. (2007) "Introduction: Beyond Varieties of Capitalsim" B. Hancké, M. Rhodes and M. Thatcher (eds.) Beyond Varieties of Capitalism (pp. 3–38), Oxford: Oxford University Press.
  • Hassel, A. (2014) "Adjustments in the Eurozone: Varieties of Capitalism and the Crisis in Southern Europe", LEQS Paper No. 76.
  • Herrigel, G. and Zeitlin, J. (2010) "Alternatives to Varieties of Capitalism", The Business History Review, 84(4): 667-674.
  • Hirshleifer, S., McKenzie, D., Almeida, R. and Ridao-Cano, C. (2016) "The Impact of Vocational Training for the Unemployed: Experimental Evidence from Turkey", The Economic Journal, 126 (597): 2115–2146.
  • Istanbul Chamber of Industry (ISO) (2021) "Türkiye's Top 500 Industrial Enterprises", https://www.iso500.org.tr/homepage, (19.07.2023).
  • Iversen, M. J. (2010) "The "Varieties of Capitalism" Approach as an Analytical Tool for Business Historians", The Business History Review, 84(4): 664-666.
  • Kıran, J. (2018) "Expanding the Framework of the Varieties of Capitalism: Turkey as a Hierarchical Market Economy", Journal of Eurasian Studies, 9(1): 42–51.
  • Kim, D., Kandemir, D. and Cavusgil, S. T. (2004) "The Role of Family Conglomerates in Emerging Markets: What Western Companies Should Know", Thunderbird International Business Review, 46(1): 13–38.
  • Kobrak, C., Oesterle, M. J. and Röber, B. (2018) "Escape FDI and the Varieties of Capitalism: Why History Matters in International Business", Management International Review, 58: 449-464.
  • Lazonick, W. (2010) "Innovative Business Models and Varieties of Capitalism: Financialization of the U.S. Corporation", Business History Review, 84(4): 675–702.
  • MacKenzie, N. G., Perchard, A., Miller, C., and Forbes, N. (2021) "Business-Government Relations and National Economic Models: A Review and Future Research Directions in Varieties of Capitalism and Beyond", Business History, 63(8): 1239-1252.
  • Mariotti, S. and Marzano, R. (2019) "Varieties of Capitalism and the Internationalization of State-Owned Enterprises", Journal of International Business Studies, 50(5): 669-691.
  • Miller, R. M. (2010) "Latin American Business History and Varieties of Capitalism", The Business History Review, 84(4): 653-657.
  • Molina, Ó. and Rhodes, M. (2007) "The Political Economy of Adjustment in Mixed Market Economies: A Study of Spain and Italy", B. Hancké, M. Rhodes and M. Thatcher (eds) Beyond Varieties of Capitalism (pp. 223–252), Oxford: Oxford University Press.
  • Nölke, A. (2010) "A “BRIC”-Variety of Capitalism and Social Inequality: The Case of Brazil", Revista de Estudos e Pesquisas Sobre as Américas, 4(1): 1-14.
  • Nölke, A. and Vliegenthart, A. (2009) "Enlarging the Varieties of Capitalism: The Emergence of Dependent Market Economies in East Central Europe", World Politics, 61(4): 670–702.
  • Organisation for Economic Co-operation and Development (OECD) (2021) "OECD Statistics", https://stats.oecd.org/, (11.09.2022).
  • Our World in Data (OWD) (2021) "Tertiary Education - Our World in Data", https://ourworldindata.org/global-education, (20.07.2023).
  • Ozel, I. (2011) "Emerging and Hybrid: The Cases of Turkish and Brazilian Market Economies", Desenvolvimento Em Debate, 2(1): 65–95.
  • Ozyigit, A. and Eminer, F. (2011) "Bounds Test Approach to the Relationship Between Human Capital and Foreign Direct Investment as Regressors of Economic Growth in Turkey", Applied Economics Letters, 18(6): 561–565.
  • Öztürk, F. (2019) "PISA Testi 2018 Sonuçları Açıklandı: Türkiye Yine Tüm Alanlarda OECD Ortalamasının Altında", BBC News Türkçe. https://www.bbc.com/turkce/haberler-turkiye-50639723, (11.09.2022).
  • Pittaki, Z. (2021) "No Mutiny Will Be Allowed': Business, the Tax System and the Greek Version of Mediterranean Capitalism During Dictatorship, 1967-1974", Business History, 63(8): 1293-1308.
  • Presidency of the Republic of Turkey Investment Office (2021) "Türkiye’de Uluslararası Doğrudan Yatırım", https://www.invest.gov.tr/tr/whyturkey/sayfalar/fdi-in-turkey.aspx, (20.07.2023).
  • Sak, G. (2017) "Son 25 Yıldır Türk Sanayiinde Değişen Nedir?", Dünya Gazetesi. https://www.dunya.com/kose-yazisi/son-25-yildir-turk-sanayiinde-degisen-nedir/374152, (20.11.2025).
  • Saucedo-Acosta, E. J., Rullán, S. and Villafuerte Valdés, L. F. (2015) "Hierarchical Capitalism In Latin America: Comparative Analysis With Other Economies", International Journal of Business and Economic Sciences Applied Research, 8(3): 69–82.
  • Saucedo-Acosta, E. J., Montalvo Romero, M. T. and Villafuerte Valdés, L. F. (2018) "Dependent Market Economies and Hierarchical Market Economies and Their National Innovation Systems: The Case of Poland and Mexico", Marketing of Scientific and Research Organizations, 30(4): 157-184.
  • Saucedo-Acosta, E. J., Salinas Aguilar, D. Y. and Díaz Pedroza, J. (2019) "The Balkans as a Hierarchical Market Economy", European Journal of Interdisciplinary Studies, 11(2): 13–25.
  • Schedelik, M., Nölke, A., Mertens, D. and May, C. (2021) "Comparative Capitalism, Growth Models and Emerging Markets: The Development of the Field", New Political Economy, 26(4): 514–526.
  • Schmidt, V. A. (2007) "Changes in Comparative Political Economy: Taking Labor Out, the State Back In, Putting the Firm Front and Center", 30th Anniversary Issue of West European Politics, European University Institute, Florence.
  • Schmidt, V. A. (2009) "Putting the Political Back into Political Economy by Bringing the State Back in Yet Again", World Politics, 61(3): 516-546.
  • Schneider, B. R. (2009a) "A Comparative Political Economy of Diversified Business Groups, or How States Organize Big Business", Review of International Political Economy, 16(2): 178–201.
  • Schneider, B. R. (2009b) "Hierarchical Market Economies and Varieties of Capitalism in Latin America", Journal of Latin American Studies, 41(3): 553–575.
  • Sluyterman, K. (2015) "Introduction", K. Sluyterman (ed.) Varieties of Capitalism and Business History: The Dutch Case (pp. 1-21), New York: Routledge.
  • Srour, I., Taymaz, E. and Vivarelli, M. (2013) "Skill-Biased Technological Change and Skill-Enhancing Trade in Turkey: Evidence from Longitudinal Microdata", IZA DP No. 7320.
  • Thelen, K. (2010) "Varieties of Capitalism and Business History", The Business History Review, 84(4): 646-648. Tulun, T. E. and Oktem, G. (2012) "Uncertainty- Turkey and the Varieties of Capitalism", 4th ECPR Graduate Conference.
  • Verhoef, G. (2021) "Settlers and Comrades'. The Variety of Capitalism in South Africa, 1910-2016", Business History, 63(8): 1413-1446.
  • Wilkins, M. (2010) "Multinational Enterprises and the Varieties of Capitalism", The Business History Review, 84(4): 638-645.
  • Witt, A. A. and Redding, G. (2013) "Asian Business Systems: Institutional Comparison, Clusters and Implications for Varieties of Capitalism and Business Systems Theory", Socio-Economic Review, 11(2): 265-300.
  • Xia, C. (2021) "State Intervention in East Asia's Varieties of Capitalism: A Case Study of the Electric Power Industry in China and Japan, 1882-1951", Business History, 63(8): 1309-1326.
  • Yagci, M. (2021) "The Turkish Variety of State-Permeated Capitalism and Mutually Dependent State-Business Relations", Journal of Contemporary Asia, 51(5): 759–781.
  • Yilmaz, G. and Saracoglu, D. S. (2016) "Technological Change, Human Capital, and Absorptive Capacity: Can Turkey Escape the Kiddle Income Trap?", METU Studies in Development, 43(1): 391–424.
There are 55 citations in total.

Details

Primary Language English
Subjects Policy and Administration (Other)
Journal Section Research Article
Authors

Hasan Bakır 0000-0002-8248-6643

Submission Date January 27, 2025
Acceptance Date December 11, 2025
Publication Date March 21, 2026
DOI https://doi.org/10.11611/yead.1627834
IZ https://izlik.org/JA56NE99ZL
Published in Issue Year 2026 Volume: 24 Issue: 1

Cite

APA Bakır, H. (2026). VARIETIES OF CAPITALISM IN DEVELOPING ECONOMIES: THE CASE OF TURKEY AS A HIERARCHICAL MARKET ECONOMY. Journal of Management and Economics Research, 24(1), 22-45. https://doi.org/10.11611/yead.1627834
AMA 1.Bakır H. VARIETIES OF CAPITALISM IN DEVELOPING ECONOMIES: THE CASE OF TURKEY AS A HIERARCHICAL MARKET ECONOMY. Journal of Management and Economics Research. 2026;24(1):22-45. doi:10.11611/yead.1627834
Chicago Bakır, Hasan. 2026. “VARIETIES OF CAPITALISM IN DEVELOPING ECONOMIES: THE CASE OF TURKEY AS A HIERARCHICAL MARKET ECONOMY”. Journal of Management and Economics Research 24 (1): 22-45. https://doi.org/10.11611/yead.1627834.
EndNote Bakır H (March 1, 2026) VARIETIES OF CAPITALISM IN DEVELOPING ECONOMIES: THE CASE OF TURKEY AS A HIERARCHICAL MARKET ECONOMY. Journal of Management and Economics Research 24 1 22–45.
IEEE [1]H. Bakır, “VARIETIES OF CAPITALISM IN DEVELOPING ECONOMIES: THE CASE OF TURKEY AS A HIERARCHICAL MARKET ECONOMY”, Journal of Management and Economics Research, vol. 24, no. 1, pp. 22–45, Mar. 2026, doi: 10.11611/yead.1627834.
ISNAD Bakır, Hasan. “VARIETIES OF CAPITALISM IN DEVELOPING ECONOMIES: THE CASE OF TURKEY AS A HIERARCHICAL MARKET ECONOMY”. Journal of Management and Economics Research 24/1 (March 1, 2026): 22-45. https://doi.org/10.11611/yead.1627834.
JAMA 1.Bakır H. VARIETIES OF CAPITALISM IN DEVELOPING ECONOMIES: THE CASE OF TURKEY AS A HIERARCHICAL MARKET ECONOMY. Journal of Management and Economics Research. 2026;24:22–45.
MLA Bakır, Hasan. “VARIETIES OF CAPITALISM IN DEVELOPING ECONOMIES: THE CASE OF TURKEY AS A HIERARCHICAL MARKET ECONOMY”. Journal of Management and Economics Research, vol. 24, no. 1, Mar. 2026, pp. 22-45, doi:10.11611/yead.1627834.
Vancouver 1.Hasan Bakır. VARIETIES OF CAPITALISM IN DEVELOPING ECONOMIES: THE CASE OF TURKEY AS A HIERARCHICAL MARKET ECONOMY. Journal of Management and Economics Research. 2026 Mar. 1;24(1):22-45. doi:10.11611/yead.1627834