Arbeitspapier
Global crisis, national responses: the political economy of Turkish exceptionalism
With its dilatory and piecemeal fiscal activism and uncharacteristic reluctance toward IMF assistance, the Turkish government's response to the global economic crisis of 2008-2009 sharply contrasted the bold approaches adopted by other major emerging market countries. Underlying this policy exceptionalism were the constraints posed by Turkey's pre-existing policy and macroeconomic constraints, cognitive failures on the part of policymakers, and the conjunctural dynamics of domestic politics. The interplay of these factors progressively narrowed the policy space for vigorous action, leading instead to a motley combination of reactive initiatives that neither offered sufficient protection to the most vulnerable social groups during the crisis nor promised sustainable growth in the long run.
- Sprache
-
Englisch
- Erschienen in
-
Series: Working Paper ; No. 1013
- Klassifikation
-
Wirtschaft
- Thema
-
global economic crisis
fiscal stimulus
IMF
emerging markets
Turkey
Weltkonjunktur
Wirtschaftliche Anpassung
Konjunkturpolitik
Anpassungsprogramm des IWF
Schwellenländer
Türkei
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Öniş, Ziya
Güven, Ali Burak
- Ereignis
-
Veröffentlichung
- (wer)
-
TÜSİAD-Koç University Economic Research Forum
- (wo)
-
Istanbul
- (wann)
-
2010
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:43 MEZ
Datenpartner
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Öniş, Ziya
- Güven, Ali Burak
- TÜSİAD-Koç University Economic Research Forum
Entstanden
- 2010
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