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Abstract


COMPARISON OF STATIST ECONOMY AND LIBERAL ECONOMY - AN ASSESSMENT ON TURKEY
Economic system can be regarded as a concept encompassing all paths, methods and behaviors that mostly aimed to attain the desired long-term targets within the economic structure, institutions and applied policies. Economic systems are not only considered in the sense of trade but political aspects are also taken into consideration. Accordingly, global changes ınay Lead to systemic changes in the economic systems of countries. Even sometimes such changes might turn into a necessity rather than a preference. in Turkey, liberal policies that adopted in the early years of the Republic at the Treaty of Lausanne and Izmir Economic Congress could not be pursued due to various reasons particularly 1929 Great Depression. Thus, Turkey sbifted to a statist economy as of 1929. However, during the years of Second World War (1939-1945), a war economy had been implemented. After the War, that is as of 1946, alongside the transition to multi-party system on the one side liberal economic policies were in1plemented and on the other side a new economic structuring was tried to be developed by the help of Marshall Plan, Trun1anDoctrine and Barker Report. In Turkey, a mixed economic model had been implemented as of 1960 and at the same time with the establishment of State Planning Organization the era of planned economy commenced. But as a result of the economic crises that being felt in the late 1970s in the world, Turkey once again went through a systemic change in its economy. Apparently, the January 24• 1980 decisions has tremendous impacts on this change.

Keywords
: economic system, statism, liberalism, political economy


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