This article outlines in some detail the austerity package put into implementation in Turkey in 1980 and the subsequent attempts to restructure the Turkish economy. It is argued that while the 1980 measures largely succeeded in removing the immediate obstacles to capital accumulation, particularly by breaking working class resistance and slashing real wages, no fundamental restructuring was achieved.
Get full access to this article
View all access options for this article.
References
1.
Ahmad, Feroz. (1981), “Military Intervention and the Crisis in Turkey”, inMerip Reports, no 93.
2.
Colasan, Emin. (1984), 24 Ocak — Bir Donemin Perde Arkasi (24 January — The Anatomy of a Period), Instanbul: Milliyet Yayinlari.
3.
Colasan, Emin. (1984), 12 Eylul — Ozal Ekonomisinin Perde Arkasi (12 September — The Anatomy of the Ozal Economy), Istanbul: Milliet Yayinlari.
4.
DIE (Devlet Instatistik Enstitusu — State Institute of Statistics). Various publications. Ankara.
5.
Istanbul Chamber of Industry (1987), Turkiye'nin 500 Buyuk Sanayi Kurulusu (Turkey's Top 500 Industrial Enterprises). ISO Dergisi, No. 260, Istanbul.
6.
Istanbul Chamber of Industry (1988), Satinalma Gucu Paritesi Yontemi ve Turkiyedeki Uygulamalar (Purchasing Power Parity Methods and their Use in Turkey). Istanbul.
7.
Margulies, R. and Yildizoglu, E. (1984), “Trade Unions and Turkey's Working Class”, in Merip Reports, No 121.
8.
Sonmez, Mustafa. (1982), Turkiye Ekonomisinde Bunalim (Crisis in the Turkish Economy), vol 2, Istanbul: Beige Yayinlari.
9.
Sonmez, Mustafa. (1984), Ozal Ekonomisi ve Isci Haklari (The Ozal Economy and Workers’ Rights). Istanbul: Beige Yayinlari.
10.
Schick, I.C. and Tonak, E.A. (1987), ‘The International Dimension: Trade, Aid and DEbt’ in Turkey in Transition: New Perspectives, eds. I.C. Schick and E.A. Tonak, New York: Oxford University Press.
11.
TUSIAD. (1980), The Turkish Economy — 1980, Istanbul: TUSIAD.
12.
TUSIAD. (1984), The Turkish Economy 84, Istanbul: TUSIAD.
13.
TUSIAD. (1986), The Turkish Economy 86, Istanbul: TUSIAD.
14.
TUSIAD. (1987), The Turkish Economy 1987, Istanbul: TUSIAD.
15.
Ulagay, Osman. (1983), 24 Ocak Deneymini (The 24 January Experience), Istanbul: Hil Yayin.
