Can Turkey Escape the Middle-Income Trap? An Institutional Approach to Economic Development

Tekin Kose and Kürşat Çinar

Sosyoekonomi Journal, 2018

Abstract: Since the early 2010’s, Turkey is said to be caught in “middle-income trap” characterized by economic stagnation. In this article, we offer an institutional analysis for Turkey, and many other developing nations alike, which aspire to attain higher levels of economic affluence. Using a multimethod approach which combines econometric and historical analyses, we conclude that it would be very hard to progress economically for middle-income countries such as Turkey without addressing their deficiencies in political and economic institutions. Nature of this research enables replicability not only for the case study under analysis, but also for many comparable cases throughout the world.

JEL-codes: C26 O1 O43 O47 (search for similar items in EconPapers)
Date: 2018
References: Add references at CitEc
Citations:

Downloads: (external link)
http://dergipark.gov.tr/download/article-file/558357

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:sos:sosjrn:180409

Access Statistics for this article

More articles in Sosyoekonomi Journal from Sosyoekonomi Society Cihan St. 27/7 06430 Sihhiye Ankara Turkey.
Bibliographic data for series maintained by Aysen Sivrikaya ().