Araştırma Makalesi

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

Cilt: 24 Sayı: 1 21 Mart 2026
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VARIETIES OF CAPITALISM IN DEVELOPING ECONOMIES: THE CASE OF TURKEY AS A HIERARCHICAL MARKET ECONOMY

Öz

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.

Anahtar Kelimeler

Destekleyen Kurum

Yazar bu çalışma için finansal destek almadığını beyan etmiştir.

Etik Beyan

Yazar çıkar çatışması bildirmemiştir.

Kaynakça

  1. Barro, R. J. (2001) "Human Capital and Growth", American Economic Review, 91(2): 12–17.
  2. 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.
  3. Bresser-Pereira, L. C. (2012) "Five Models of Capitalism", Revista de Economia Política, 32(1): 21–32.
  4. Buğra, A. and Savaşkan, O. (2012) "Political Class: The Turkish Business Environment in the Neoliberal Age", New Perspectives on Turkey, 46: 27-63.
  5. Buğra, A. and Savaşkan, O. (2015) "Türkiye’de Yeni Kapitalizm: Siyaset, Din ve İş Dünyası", İstanbul: İletişim Yayınevi.
  6. Carney, R. W. (2016) "Varieties of Hierarchical Capitalism: Family and State Market Economies in East Asia", The Pacific Review, 29(2): 137–163.
  7. 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.
  8. 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.

Ayrıntılar

Birincil Dil

İngilizce

Konular

Politika ve Yönetim (Diğer)

Bölüm

Araştırma Makalesi

Yayımlanma Tarihi

21 Mart 2026

Gönderilme Tarihi

27 Ocak 2025

Kabul Tarihi

11 Aralık 2025

Yayımlandığı Sayı

Yıl 2026 Cilt: 24 Sayı: 1

Kaynak Göster

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 (01 Mart 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, c. 24, sy 1, ss. 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 (01 Mart 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, c. 24, sy 1, Mart 2026, ss. 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. 01 Mart 2026;24(1):22-45. doi:10.11611/yead.1627834