Artikel

Growth regimes, dominant social blocs and growth strategies: towards varieties of export-led growth regimes and strategies in Turkey and Poland

This paper aims to contribute to the literature on growth regimes by combining an operationalization of growth regimes based on growth contributions and sectoral financial balances with an analysis of dominant social blocs (DSBs). We propose the concept of a growth strategy to bridge the political and actor-oriented sphere with the macroeconomic sphere. We employ this framework to analyze the cases of Poland and Turkey. The study identifies a transition from a domestic demand-led regime to a weakly export-led regime in Poland, while Turkey experienced a shift from a domestic demand-led regime to a debt-led private demand regime and subsequently towards a weakly export-led regime, too. Both countries' new DSBs pursue export-led growth strategies, but Poland's strategy focuses on non-price competitiveness while Turkey relies on price competitiveness. We lay out the differences between the strategies in terms of policies and the capital fractions supporting them.

Sprache
Englisch

Erschienen in
Journal: European Journal of Economics and Economic Policies: Intervention (EJEEP) ; ISSN: 2052-7772 ; Volume: 20 ; Year: 2023 ; Issue: 3 ; Pages: 539-560

Klassifikation
Wirtschaft
Current Heterodox Approaches: Historical; Institutional; Evolutionary
Studies of Particular Policy Episodes
General Outlook and Conditions
Economic Growth of Open Economies
Institutions and Growth
Capitalist Systems: Political Economy
Comparative Studies of Particular Economies
Thema
post-Keynesian macroeconomics
comparative political economy
growth regimes
growth strategies
Poland
Turkey

Ereignis
Geistige Schöpfung
(wer)
Akcay, Ümit
Jungmann, Benjamin
Ereignis
Veröffentlichung
(wer)
Edward Elgar Publishing
(wo)
Cheltenham
(wann)
2023

DOI
doi:10.4337/ejeep.2023.0123
Handle
Letzte Aktualisierung
10.03.2025, 11:41 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Artikel

Beteiligte

  • Akcay, Ümit
  • Jungmann, Benjamin
  • Edward Elgar Publishing

Entstanden

  • 2023

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