Turkey: crisis of IMF-directed policies and possibility of alternatives

The beginning of the 2001 in Turkey has been marked by a very destructive economic crisis. The increased fragility of the system after the implementation of an IMF-directed “disinflation and sta-bilization” program paved the way to the collapse of both the program itself and the economy. This paper...

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Detalles Bibliográficos
Autor principal: Özgür Orhangazi
Formato: Artículo científico
Publicado: Universidad Central de Venezuela 2002
Materias:
Economía y Finanzas
Financial crisis
IMF
Turkey
Acceso en línea:http://www.redalyc.org/articulo.oa?id=36480209
http://biblioteca.clacso.edu.ar/gsdl/cgi-bin/library.cgi?a=d&c=ve/ve-004&d=36480209oai
Aporte de:
Red de Bibliotecas Virtuales de Ciencias Sociales (CLACSO) de Consejo Latinoamericano de Ciencias Sociales
id I16-R122-36480209oai
record_format dspace
institution Consejo Latinoamericano de Ciencias Sociales
institution_str I-16
repository_str R-122
collection Red de Bibliotecas Virtuales de Ciencias Sociales (CLACSO)
topic Economía y Finanzas
Financial crisis
IMF
Turkey
spellingShingle Economía y Finanzas
Financial crisis
IMF
Turkey
Özgür Orhangazi
Turkey: crisis of IMF-directed policies and possibility of alternatives
topic_facet Economía y Finanzas
Financial crisis
IMF
Turkey
description The beginning of the 2001 in Turkey has been marked by a very destructive economic crisis. The increased fragility of the system after the implementation of an IMF-directed “disinflation and sta-bilization” program paved the way to the collapse of both the program itself and the economy. This paper argues that the crisis can neither be explained solely by the coincidence of indepen-dent events nor by technical problems of economic policies. The IMF-directed policies caused the crises by increasing the fragility of the system. Insistence on these policies will only worsen the conditions and results of these policies are both economically and socially undesirable. This paper shows that alternative policies and tools, which will provide improvements in growth, em-ployment, and income distribution are available.
format Artículo científico
Artículo científico
author Özgür Orhangazi
author_facet Özgür Orhangazi
author_sort Özgür Orhangazi
title Turkey: crisis of IMF-directed policies and possibility of alternatives
title_short Turkey: crisis of IMF-directed policies and possibility of alternatives
title_full Turkey: crisis of IMF-directed policies and possibility of alternatives
title_fullStr Turkey: crisis of IMF-directed policies and possibility of alternatives
title_full_unstemmed Turkey: crisis of IMF-directed policies and possibility of alternatives
title_sort turkey: crisis of imf-directed policies and possibility of alternatives
publisher Universidad Central de Venezuela
publishDate 2002
url http://www.redalyc.org/articulo.oa?id=36480209
http://biblioteca.clacso.edu.ar/gsdl/cgi-bin/library.cgi?a=d&c=ve/ve-004&d=36480209oai
work_keys_str_mv AT ozgurorhangazi turkeycrisisofimfdirectedpoliciesandpossibilityofalternatives
bdutipo_str Repositorios
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