A Century of Imbalance: Türkiye's Development Since 1820

About This Novel

This is a book that provides a panoramic interpretation of the history of Türkiye's economic development. Türkiye is one of the largest developing economies in the world, both in terms of population and economic scale. However, so far, there is no authoritative work that systematically summarizes the history of Türkiye's economic development. The book fills this gap, examining Türkiye's economic growth and human development since 1820. The book examines the history of Turkey's economic development in a global comparative framework, using absolute and relative indicators, through the following four periods: the open economic period of the Ottoman Empire in the 19th century, the transition period from empire to nation-state spanning two world wars and the Great Depression, the period of continued protectionism and import substitution industrialization after World War II, and the period of neoliberalism and economic openness after 1980. Based on these four periods, the author uses sequence data such as per capita GDP, trade, wages, health and education indices to analyze the direct and underlying causes behind Turkey's long-term economic trends, especially emphasizing the profound impact of the interaction between formal and informal systems on Turkey's century-old economic development history. The author believes that among many developing countries, Turkey's economic performance is neither outstanding nor lagging behind, so it is more representative. By analyzing the history of Turkey's economic development, we can not only better understand the driving forces behind Türkiye's development, but also provide important insights into the common growth model of the entire developing world.

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