Foreign Private Capital-Led Growth

Mehmet Ufuk Tutan and Al Campbell

Review of Radical Political Economics, 2016, vol. 48, issue 4, 595-602

Abstract: This article maintains that after a decade as a poster-child for neoliberal growth, (1) Turkey has definitely fallen from its former impressive growth performance, (2) the cause is exactly the rupture of its foreign capital-led growth model, just as its fragility critics warned, and (3) given the state of both external and internal economic and political factors, there is very little chance of Turkey returning to its strong growth over the next several years.

Keywords: foreign capital-led growth; Turkey; development (search for similar items in EconPapers)
JEL-codes: F21 F43 O11 (search for similar items in EconPapers)
Date: 2016
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Persistent link: https://EconPapers.repec.org/RePEc:sae:reorpe:v:48:y:2016:i:4:p:595-602

DOI: 10.1177/0486613416665834

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