Türk Ekonomisinde Modernleşme Krizleri: Menderes Dönemi ve Planlı Dönem Ekonomik Krizleri

Abstract

The Menderes era can be seen the first birth for the modern Turkey. The reason is that all political and economic policies implemented in this period were completely adverse of the previous era (the Inonu era). Nevertheless, structural economic insufficiencies also brought the end of this period. Turkey started to experience a long wasteful expenditure period with the planned era after 1963. This intended wasteful expenditure period lasted until 1977. The second critical time period for modern Turkey started with 1980. January 24 Decisions has changed deeply the development strategy carried out until that day. This second strategy almost reached its limits in 1988. With economic crises in 1994 and 2000, Turkey has seen two big traumas. To cope with economic fluctuations, Turkey has strengthened its long term EU membership policy and IMF-supported economic policy