The Effects of the Marshall Plan Aids to the Development of the Agricultural Sector in Turkey, the 1948-1953 Period

Mehmet Halis Ozer
Additional contact information
Mehmet Halis Ozer: Department of Economics, Dicle University, Diyarbak r, 21100, Turkey.

International Journal of Economics and Financial Issues, 2014, vol. 4, issue 2, 427-439

Abstract: The purpose of the present study is both to introduce the scope, method and practices of Marshall Aids to Turkey and to analyze their effects on agricultural sector, along with their indirect results for Turkish economy. In this regard, this paper studies how the aids supplied by the Marshall Plan were used in the agricultural sector, to what extent they contributed to the development of the sector and what impacts the contributions had on some macroeconomic values such as the development, per capita income, trade balance and income distribution of Turkey. Of the total $184.5 million dollars supplied between the years 1948 and 1952, $38.282 million was reserved for the agricultural sector. In addition to bringing a high performance to the sector in general, the aids brought about a number of significant contributions such as agricultural mechanization, the farmers' taking over the modern agricultural production techniques, the enlargement of farmlands and enhancement of agricultural production. Between1948 and 1953, the economic development relied heavily on the agricultural sector. While the proportion of agricultural sector in gross national product was 38.4% in 1947, it rose to 45% in 1953. On average, Turkish Economy grew by 11% between 1950-1953 per year. At the same period, thanks to the developments in the agricultural sector, the per capita income increased at a rate of 28%.

Keywords: Marshall Aid; Agricultural Sector; Turkish Economy; Economic History (search for similar items in EconPapers)
JEL-codes: F5 N4 O1 (search for similar items in EconPapers)
Date: 2014
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://www.econjournals.com/index.php/ijefi/article/download/765/pdf (application/pdf)
http://www.econjournals.com/index.php/ijefi/article/view/765/pdf (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eco:journ1:2014-02-18

Access Statistics for this article

International Journal of Economics and Financial Issues is currently edited by Ilhan Ozturk

More articles in International Journal of Economics and Financial Issues from Econjournals
Bibliographic data for series maintained by Ilhan Ozturk ().