Araştırma Makalesi

Free Markets and Economic Performance: Experience of Turkiye in Recent Decades

Cilt: 6 Sayı: 2 31 Aralık 2024
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Free Markets and Economic Performance: Experience of Turkiye in Recent Decades

Öz

There are basically two alternative models to organize economic activities and answer such fundamental questions as what, how, and for whom to produce: free market system based on individual decision making, and command system based on central planning. There has always been a friction and controversy between two types of mentalities in this regard: collectivist, statist, socialist mentality supported central planning, collectivist decision making, and government-controlled command economy. On the contrary, the individualist, capitalist, liberal mentality argued for free markets based on individual decision making where prices are determined by free interaction of market forces, i.e. supply and demand and the price mechanism. Even though the collapse of the socialist model showed the superiority of the free market system at a global level, many countries have difficulty to establish a truly free market system yet. In this context, this paper investigates Türkiye’s journey towards free market economy and performance of the Turkish economy in recent decades. The country has been struggling to switch from a centrally planned to a free market economy since the early 1980s. It was not a smooth process though: there have been ups and downs, U-turns, and fluctuations. Turkish experience shows that economic performance goes up when pro-free market policies are implemented whereas it goes down when statist, collectivist, anti-free market type of economic policies are adopted.

Anahtar Kelimeler

Kaynakça

  1. Acar, M. (2023). Economic and Political Freedoms in the Muslim World and Türkiye’s Struggle for Free Market Economy. Paper Presented at 9th ILN Conference held in Oct. 27-28, 2022, Mardin, Türkiye.
  2. Acar, M. (2022). 2000’li Yıllarda Türkiye Ekonomisi: Bir Başarı Hikâyesi mi?. In Turkish Economy in the 2000s: A Success Story?. Literaturk Academia: Konya
  3. Acar, M. (2021). Liberal Düşünce, Özgürlük ve Serbest Piyasa Ekonomisi. In Liberal Thought, Freedom and Free Market Economy. SOBIAD Law and Economics Studies: Izmir Erişim Adresi https://www.academia.edu/50975587/Liberal_D%C3%BC%C5%9F%C3%BCnce_%C3%96zg%C3%BCrl%C3%BCk_ve_Serbest_Piyasa_Ekonomisi Erişim Tarihi: 10.02.2024
  4. Acar, M. (2018). İktisadın Evrensel Yasaları ve Kadim Sorunları. In Universal Laws and Ancient Questions of Economics. Literatürk Academia: Konya.
  5. Cizakca, M. & Akyol, M. (2012). İslam’ın Unutulan Ekonomik Modeli: Ahlâki Kapitalizm. In Moral Capitalism: Islam’s Forgotten Economic Model. Ufuk Yayınevi: Istanbul.
  6. El Moussaoui, H. (2016). Islam and a Free Market Economy: Are They Compatible. Ed. El Harmouzi, N. and L. Whetstone. In Islamic Foundations of a Free Society (Chp. 9:153-169).The Institute of Economic Affairs: London.
  7. Erdem, E., Sanlioglu, O. & Ilgun, M.F. (2009). Türkiye’de Hükümetlerin Makro Ekonomik Performansi. In Macro Economic Performance of Governments in Türkiye (1950-2007). Detay Yayincilik: Ankara
  8. Friedman, M. & Friedman, R. (2021). Tercih Ozgürlügü. In Free to Choose. Translated from English by M. Acar. Serbest Kitaplar: Ankara

Ayrıntılar

Birincil Dil

İngilizce

Konular

Uluslararası İktisatta Bölgesel Gelişme ve Küreselleşme

Bölüm

Araştırma Makalesi

Yayımlanma Tarihi

31 Aralık 2024

Gönderilme Tarihi

3 Ekim 2024

Kabul Tarihi

22 Aralık 2024

Yayımlandığı Sayı

Yıl 2024 Cilt: 6 Sayı: 2

Kaynak Göster

APA
Acar, M. (2024). Free Markets and Economic Performance: Experience of Turkiye in Recent Decades. Necmettin Erbakan Üniversitesi Siyasal Bilgiler Fakültesi Dergisi, 6(2), 386-401. https://izlik.org/JA65LE23SN
AMA
1.Acar M. Free Markets and Economic Performance: Experience of Turkiye in Recent Decades. JNEUSBF. 2024;6(2):386-401. https://izlik.org/JA65LE23SN
Chicago
Acar, Mustafa. 2024. “Free Markets and Economic Performance: Experience of Turkiye in Recent Decades”. Necmettin Erbakan Üniversitesi Siyasal Bilgiler Fakültesi Dergisi 6 (2): 386-401. https://izlik.org/JA65LE23SN.
EndNote
Acar M (01 Aralık 2024) Free Markets and Economic Performance: Experience of Turkiye in Recent Decades. Necmettin Erbakan Üniversitesi Siyasal Bilgiler Fakültesi Dergisi 6 2 386–401.
IEEE
[1]M. Acar, “Free Markets and Economic Performance: Experience of Turkiye in Recent Decades”, JNEUSBF, c. 6, sy 2, ss. 386–401, Ara. 2024, [çevrimiçi]. Erişim adresi: https://izlik.org/JA65LE23SN
ISNAD
Acar, Mustafa. “Free Markets and Economic Performance: Experience of Turkiye in Recent Decades”. Necmettin Erbakan Üniversitesi Siyasal Bilgiler Fakültesi Dergisi 6/2 (01 Aralık 2024): 386-401. https://izlik.org/JA65LE23SN.
JAMA
1.Acar M. Free Markets and Economic Performance: Experience of Turkiye in Recent Decades. JNEUSBF. 2024;6:386–401.
MLA
Acar, Mustafa. “Free Markets and Economic Performance: Experience of Turkiye in Recent Decades”. Necmettin Erbakan Üniversitesi Siyasal Bilgiler Fakültesi Dergisi, c. 6, sy 2, Aralık 2024, ss. 386-01, https://izlik.org/JA65LE23SN.
Vancouver
1.Mustafa Acar. Free Markets and Economic Performance: Experience of Turkiye in Recent Decades. JNEUSBF [Internet]. 01 Aralık 2024;6(2):386-401. Erişim adresi: https://izlik.org/JA65LE23SN
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