TR
EN
The Role of Terms of Trade in Turkey and Indonesia's Exit from the Middle Income Trap
Öz
This study comparatively examines the foreign trade terms performance of Turkey and Indonesia over the period 2003–2023 and evaluates the impact of this performance on economic development. Analyses based on indicators such as the net terms of trade (NTT), income terms of trade (ITT), and advanced pure terms of trade (APTT) show that Turkey, with its industry- and semifinished goods-focused structure, has increased its export volume; however, its dependence on imports has put downward pressure on its terms of trade. Indonesia, on the other hand, is more vulnerable to external shocks because of its commodity-oriented export composition, and its terms of trade are strongly affected by global price fluctuations. Both countries should improve their terms of trade by restructuring industrial policies and shifting toward high value-added sectors in exports to overcome the middle-income trap. The study highlights that terms of trade are a fundamental component not only of foreign trade but also of development policies.
Anahtar Kelimeler
Kaynakça
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- Balcı, A., & Keser, A.(2023). KAMU YÖNETİMİ EKSENİNDE BÜROKRASİ VE SİYASET ARASINDAKİ MÜCADELENİN ÇEKİŞME VE UZLAŞMA ZEMİNİNDE DEĞERLENDİRİLMESİ . In: P. Gözüm (Eds.), Yönetimde Güncel Yaklaşımlar, Gazi kitapevi: Ankara, ISBN: 9786253651749
Ayrıntılar
Birincil Dil
İngilizce
Konular
Makro İktisat (Diğer), İktisat Teorisi
Bölüm
Araştırma Makalesi
Yazarlar
Yayımlanma Tarihi
31 Aralık 2025
Gönderilme Tarihi
17 Eylül 2025
Kabul Tarihi
9 Ekim 2025
Yayımlandığı Sayı
Yıl 2025 Cilt: 8 Sayı: 2
APA
Dargınoğlu, S., & Hepaktan, C. E. (2025). The Role of Terms of Trade in Turkey and Indonesia’s Exit from the Middle Income Trap. Izmir Democracy University Social Sciences Journal, 8(2), 182-223. https://doi.org/10.61127/idusos.1786252
AMA
1.Dargınoğlu S, Hepaktan CE. The Role of Terms of Trade in Turkey and Indonesia’s Exit from the Middle Income Trap. IDUSoS. 2025;8(2):182-223. doi:10.61127/idusos.1786252
Chicago
Dargınoğlu, Sezin, ve Cemal Erdem Hepaktan. 2025. “The Role of Terms of Trade in Turkey and Indonesia’s Exit from the Middle Income Trap”. Izmir Democracy University Social Sciences Journal 8 (2): 182-223. https://doi.org/10.61127/idusos.1786252.
EndNote
Dargınoğlu S, Hepaktan CE (01 Aralık 2025) The Role of Terms of Trade in Turkey and Indonesia’s Exit from the Middle Income Trap. Izmir Democracy University Social Sciences Journal 8 2 182–223.
IEEE
[1]S. Dargınoğlu ve C. E. Hepaktan, “The Role of Terms of Trade in Turkey and Indonesia’s Exit from the Middle Income Trap”, IDUSoS, c. 8, sy 2, ss. 182–223, Ara. 2025, doi: 10.61127/idusos.1786252.
ISNAD
Dargınoğlu, Sezin - Hepaktan, Cemal Erdem. “The Role of Terms of Trade in Turkey and Indonesia’s Exit from the Middle Income Trap”. Izmir Democracy University Social Sciences Journal 8/2 (01 Aralık 2025): 182-223. https://doi.org/10.61127/idusos.1786252.
JAMA
1.Dargınoğlu S, Hepaktan CE. The Role of Terms of Trade in Turkey and Indonesia’s Exit from the Middle Income Trap. IDUSoS. 2025;8:182–223.
MLA
Dargınoğlu, Sezin, ve Cemal Erdem Hepaktan. “The Role of Terms of Trade in Turkey and Indonesia’s Exit from the Middle Income Trap”. Izmir Democracy University Social Sciences Journal, c. 8, sy 2, Aralık 2025, ss. 182-23, doi:10.61127/idusos.1786252.
Vancouver
1.Sezin Dargınoğlu, Cemal Erdem Hepaktan. The Role of Terms of Trade in Turkey and Indonesia’s Exit from the Middle Income Trap. IDUSoS. 01 Aralık 2025;8(2):182-223. doi:10.61127/idusos.1786252