The Evolution of Privatization in Turkey

The Institutional Context of Public-Enterprise Reform

Dados Bibliográficos

ID8969307
AutoresZiya Üniş (Bogaziçi University, autor correspondente)
Ano1991
Volume23
Fascículo2
Páginas163-176
Data de publicação1991-05-01
Peer ReviewedSim
Open AccessSim
TipoARTICLE
PeriódicoInternational Journal Middle East Studies (JOURNAL)
Identificadores do periódicoISSN: 0020-7438 • E-ISSN: 1471-6380
EditoraCambridge University Press (CUP) (PUBLISHER)
DOI10.1017/s0020743800056026
OpenAlexW2134979769
IdiomaEN
Citações recebidas10
Referências citadas9

In the 1980s public policy shifted sharply in favor of market-based solutions, in contrast to the previously dominant “Keynesian” approach to economic management. A number of countries, irrespective of their regimes or stages of development, are currently implementing programs designed to reduce the size and scope of the public sector and strengthen the market. The privatization of public enterprises constitutes a key element in such a strategy. 1 Yet hitherto, the extent of privatization—the number of enterprises involved as well as the scale of divestiture—has been extremely limited, especially considering the amount of rhetoric the idea has generated. In addition, the vigor with which privatization policies have been pursued also shows considerable variation among countries. These “stylized facts” of privatization clearly merit an explanation. 2 Here I will look for that explanation by using the Turkish experience with privatization between 1980 and 1989 as a case study

Business · Context (archaeology · Divestment · Economic system · Economics · Economy · Macroeconomics · Market economy · Political science · Public enterprise · Public sector · Rhetoric · Scale (ratio · Scope (computer science · Stylized fact · Economic Theory and Institutions · Finance · Public Administration · State Capitalism and Financial Governance