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  • GSI Journals Serie B: Advancements in Business and Economics
  • Volume:4 Issue:1
  • Industrialization Policies in Turkey 1923-1980 Period

Industrialization Policies in Turkey 1923-1980 Period

Authors : Haluk İŞLER
Pages : 35-51
View : 45 | Download : 19
Publication Date : 2021-12-31
Article Type : Review Paper
Abstract :The Republic of Turkey, founded in 1923, faced many social and economic problems, especially inadequate industrialization. At the top of these problems was people mostly unqualified, poor and without the power to work, and a completely halted economic life. In the first years of the Republic, Turkey had a poor economy, dependent on foreign countries in every field. Under the leadership of Atatürk, the founding cadres of the Republic adopted policies that prioritize industrialization in order to create an independent national economy and rapid development. The policies followed in the industrialization process in Turkey between 1923-1980, showed significant qualitative differences in some periods according to historical conditions and economic-political preferences. In the first years of the Turkish Republic, as the industrialization policy, which based on the incentives of private enterprises, did not give the desired results, the economic policy of statism was adopted from the 1930s on. With the strengthening of liberal views in the 1950s, a radical transformation took place in economic policies. After 1960, five-year development plans covering the entire economy began implemented in Turkey. In this study, the industrialization policies of Turkey in the period of 1923-1980 discussed in three sub-periods as 1923-1950, 1950-1960 and 1960-1980 in terms of qualitative differences in approaches.
Keywords : Industrialization, Industrialization Policy, Development, Statism

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