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The Impact of Financial Liberalization and the Rise of Financial Rents on Income Inequality: The Case of Turkey

Erinc Yeldan

No wp-2000-206, WIDER Working Paper Series from World Institute for Development Economic Research (UNU-WIDER)

Abstract: This study attempts to investigate and assess the impact of financial liberalization and the ongoing rise of financial rents on income distribution in the post-1980 Turkish economy. Our quantitative investigation of the dynamics of macroeconomic development over this period discloses an overall disassociation of financial institutions from the productive sphere to become the dominant segment of capital manipulating the aggregate domestic economy.

Keywords: Economic development; Equality and inequality; Structural adjustment (Economic policy); Globalization; Income distribution; Financial liberalization (search for similar items in EconPapers)
Date: 2000
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Citations: View citations in EconPapers (9)

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Working Paper: The Impact of Financial Liberalization and the Rise of Financial Rents on Income Inequality The Case of Turkey (2000) Downloads
Working Paper: The Impact of Financial Liberalization and the Rise of Financial Rents on Income Inequality: The Case of Turkey (2000)
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