Brief Notes on Central Indicative Planning in Turkey, 1960-2011: Its Rise, Fall and Dissolution

Year 2021, Volume: 1 Issue: 2, 63 - 68, 31.01.2022

Oktar Türel

Abstract

The initiation and the rise of central indicative planning (CIP) in Turkey in the 1960s and the1970s signified a late orientation of Turkish government to international Keynesianism dominating post - II. World War economic vision and the ideas put forward by emerging development economics. When the world capitalist economy started to exhibit signs of a structural crisis in the late 1960s and the implicit post-war social contract between capital and labour became unsustainable, the class compromises in Turkey which were conducive to a "planned" model of accumulation also weakened; and CIP gradually became ineffective not formally but de facto after 1980. In the 1980s and the 1990s, the State Planning Organization (SPO) which formerly had been entrusted with administering CIP was directed towards other tasks such as "structural adjustment" under a neoliberal economic regime. Eventually, a dysfunctional SPO was dissolved into a newly established Ministry of Development in 2011. However, the world economy has been passing from a period of restructuring after the global financial crisis of 2007-09; and the Turkish government may explore new and specific domains of planning under these circumstances.

Keywords

Development Planning, Central Planning, Industrial Policy, Country Studies, Development Planning, Central Planning, Industrial Policy, Country Studies

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