Industrial Policy in Turkey - (Edinburgh Studies on Modern Turkey) by Mina Toksoz & Mustafa Kutlay & William Hale

About the Book

Examines the evolution of Turkey's industrial policies in a global context over the last century.

Book Synopsis

At a time when many advanced and emerging economies are adopting more active industrial policies, this book provides an in-depth historical-empirical account of industrial policy in Turkey - its rise, retreat and return. This study adopts a multidisciplinary approach and covers the role of the state from Turkey's initial industrialisation to the current period of restructuring and potential technological upgrading of its manufacturing base. The analysis traces how industrial policy has been shaped by state capacity, the waves of reforms following economic crises, the dearth of long-term finance for industrialisation and, more recently, the need to address issues such as low-tech industrial structure and pre-mature de-industrialisation.

Review Quotes

Every case of successful industrialisation in a developing country during the last century has been accompanied by appropriately designed and applied government policies. This carefully documented and well written study examines Turkey's experience with industrial policy, its successes as well as shortcomings. This is an important and timely book especially since industrial policy has been coming back around the world in recent years.--Şevket Pamuk, Boğaziçi University

This is a timely book that makes an important contribution to the current debate on industrial policy. Through the empirical case of Turkey, the authors persuasively argue that industrial policy is critical to modernise national economies and upgrade their production structure from low-value-added sectors towards high-value-added ones.--Paola Subacchi, Queen Mary University of London