Saturday, March 15, 2014

Whither Turkey? - GÜVEN SAK

Whither Turkey?

Turkey is still a country in flux. Its economic transition started in the early 1980s with price liberalization. That was later coupled with the EU Customs Union arrangement and the 2001 Kemal Derviş reforms. Both were important in transforming Turkey into a mid-tech industrial country. Political transformation started with the emergence of secondary industrial cities. Industry was eager to change the political landscape, and so started the political transformation of the 2002 elections. What is happening in Turkey today? Turkey is completing its first cycle of political transformation, if you ask me.

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