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

Authors : Oktar TÜREL

Pages : 63-68

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Publication Date : 2022-01-31

Article Type : Research Paper

Abstract :The initiation and the rise of central indicative planning insert ignore into journalissuearticles values(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 insert ignore into journalissuearticles values(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