Analysis of Turkish Economy from Macroeconomic and Socio-political Perspective (1923-2023)

Eşref Uğur Çelik

Makale detayları

Analysis of Turkish Economy from Macroeconomic and Socio-political Perspective (1923-2023)

Yazarlar:

Eşref Uğur Çelik

Yayıncı:

Ahmet Arif EREN

Ana Başlıklar:

Ekonomi Politik Teorisi | Makroekonomik Teori

Dergi:

Fiscaoeconomia Vol.7 Issue Özel Sayı, pp.310-337

Belge Tipi:

Makale

Yayın Tarihi:

10/2023

Belge Dili:

İngilizce

Document ID (Org No.):

2001302194

pISSN:

2564-7504

Anahtar kelimeler:

Özet:

 The evaluation of economies provides an idea about the direction of countries and determines their international reputations. Economic evaluations hold significant importance for this reason. Evaluations often utilize macroeconomic indicators like real growth rate, unemployment rate, and inflation rate. On the other hand, to honestly evaluate economies, a long-term perspective is required, and it is vital to maintain continuity and have a broad scope. During this process, many factors, such as developments in the external world, geography, language, religion, ethnicity, and customary practices, can have an impact, in addition to macroeconomic factors. However, none of these except for macroeconomic factors have as much impact on the development of economies as the institutional factors that form the basis of the socio-political structure. As property rights, freedom of expression, press freedom, judicial independence, and equality of opportunities in the economic, social, and political fields expand in a country; experts anticipate that institutional quality will increase and positively impact economic operations. Findings indicate the necessity of conducting macroeconomic and socio-political performance measurements to evaluate the Turkish economy properly. For 1924-2023, a macroeconomic performance index MPI has established for measuring macroeconomic performance, and a socio-political performance index SPI for measuring socio-political performance. The findings obtained from the studies reveal that in Türkiye, more than ensuring only macroeconomic stability is necessary to achieve satisfactory and lasting economic success. Compromising fundamental rights, freedoms, and socio-economic justice e.g., income distribution has achieved stability, but only with temporary effects. The development structure and macroeconomic gains solidify the economic outlook through socio-political developments.

 The evaluation of economies provides an idea about the direction of countries and determines their international reputations. Economic evaluations hold significant importance for this reason. Evaluations often utilize macroeconomic indicators like real growth rate, unemployment rate, and inflation rate. On the other hand, to honestly evaluate economies, a long-term perspective is required, and it is vital to maintain continuity and have a broad scope. During this process, many factors, such as developments in the external world, geography, language, religion, ethnicity, and customary practices, can have an impact, in addition to macroeconomic factors. However, none of these except for macroeconomic factors have as much impact on the development of economies as the institutional factors that form the basis of the socio-political structure. As property rights, freedom of expression, press freedom, judicial independence, and equality of opportunities in the economic, social, and political fields expand in a country; experts anticipate that institutional quality will increase and positively impact economic operations. Findings indicate the necessity of conducting macroeconomic and socio-political performance measurements to evaluate the Turkish economy properly. For 1924-2023, a macroeconomic performance index MPI has established for measuring macroeconomic performance, and a socio-political performance index SPI for measuring socio-political performance. The findings obtained from the studies reveal that in Türkiye, more than ensuring only macroeconomic stability is necessary to achieve satisfactory and lasting economic success. Compromising fundamental rights, freedoms, and socio-economic justice e.g., income distribution has achieved stability, but only with temporary effects. The development structure and macroeconomic gains solidify the economic outlook through socio-political developments.

 The evaluation of economies provides an idea about the direction of countries and determines their international reputations. Economic evaluations hold significant importance for this reason. Evaluations often utilize macroeconomic indicators like real growth rate, unemployment rate, and inflation rate. On the other hand, to honestly evaluate economies, a long-term perspective is required, and it is vital to maintain continuity and have a broad scope. During this process, many factors, such as developments in the external world, geography, language, religion, ethnicity, and customary practices, can have an impact, in addition to macroeconomic factors. However, none of these except for macroeconomic factors have as much impact on the development of economies as the institutional factors that form the basis of the socio-political structure. As property rights, freedom of expression, press freedom, judicial independence, and equality of opportunities in the economic, social, and political fields expand in a country; experts anticipate that institutional quality will increase and positively impact economic operations. Findings indicate the necessity of conducting macroeconomic and socio-political performance measurements to evaluate the Turkish economy properly. For 1924-2023, a macroeconomic performance index MPI has established for measuring macroeconomic performance, and a socio-political performance index SPI for measuring socio-political performance. The findings obtained from the studies reveal that in Türkiye, more than ensuring only macroeconomic stability is necessary to achieve satisfactory and lasting economic success. Compromising fundamental rights, freedoms, and socio-economic justice e.g., income distribution has achieved stability, but only with temporary effects. The development structure and macroeconomic gains solidify the economic outlook through socio-political developments.

 Ekonomilerin değerlendirilmesi ülkelerin gidişatları hakkında fikir vermesinin yanında uluslararası saygınlıklarının belirlenmesinde de etkili olmaktadır. Bu sebeplerden, ekonomik değerlendirmelere özel önem atfedilmektedir. Bu tür incelemeler sıklıkla büyüme oranı, işsizlik oranı ve enflasyon oranı gibi makroekonomik göstergelerden yararlanılarak gerçekleştirilmiştir. Diğer taraftan ekonomilerin gerçek anlamda değerlendirilebilmesi için uzun dönemli bir bakış açısı gerektiğinden sürekliliği sağlamak ve kapsamı geniş tutabilmek büyük öneme sahiptir. Bu süreçte; makroekonomik faktörlerin yanında, dış dünyadaki gelişmeler, coğrafya, dil, din, etnik ve örf adetler gibi pek çok faktör etkili olabilmektedir. Ancak bunlardan hiçbirisi makroekonomik faktörler hariç sosyo-politik yapının temelini oluşturan kurumsal faktörler kadar ekonomilerin gelişimleri üzerinde etkili değildir. Bir ülkede mülkiyet hakları, ifade özgürlüğü, basın özgürlüğü, yargı bağımsızlığı ve ekonomik-sosyal-politik alandaki fırsat eşitlikleri genişlediği ölçüde kurumsal kalitenin arttığı ve bunun da ekonomik işleyişe olumlu yansıyabileceği öngörülmektedir Yapılan saptamalar, Türkiye ekonomisin doğru şekilde değerlendirilebilmesi için, makroekonomik ve sosyo-politik performans ölçümlerinin yapılmasının gerekliliğini göstermektedir. 1924-2023 dönemi için makroekonomik performansın ölçülmesi noktasında makroekonomik performans endeksi MPE, sosyo-politik performansın ölçülmesinde ise sosyo-politik performans endeksi SPE oluşturulmuştur. İncelemeler sonucunda elde edilen bulgular, Türkiyede tatmin edici ve kalıcı bir ekonomik başarıya ulaşmak için sadece makroekonomik istikrarı sağlamanın yeterli olmadığını ortaya koymaktadır. Çoğu zaman istikrar temel hak ve özgürlükleri ve sosyo-ekonomik adaleti örneğin gelir dağılımını zayıflatarak gerçekleştiğinden etkisi genellikle geçici olmuştur. Tersi durumda ise gelişim içerisindeki sosyo-politik yapıdaki gelişimlerle beraber edinilen makroekonomik kazanımların ekonomik görünümü sağlamlaştırdığı gözlemlenmektedir.

Makale detayları

Analysis of Turkish Economy from Macroeconomic and Socio-political Perspective (1923-2023)

Yazarlar:

Eşref Uğur Çelik

Yayıncı:

Ahmet Arif EREN

Ana Başlıklar:

Ekonomi Politik Teorisi | Makroekonomik Teori

Dergi:

Fiscaoeconomia Vol.7 Issue Özel Sayı, pp.310-337

Belge Tipi:

Makale

Yayın Tarihi:

10/2023

Belge Dili:

İngilizce

Document ID (Org No.):

2001302194

pISSN:

2564-7504

Macroeconomic Performance

Socio-political Performance

InstitutionsMakroekonomik Performans

Sosyo-Politik Performans

Kurumlar

Sayı

Makale detayları

Analysis of Turkish Economy from Macroeconomic and Socio-political Perspective (1923-2023)

Yazarlar: Eşref Uğur Çelik

Yayıncı: Ahmet Arif EREN

Ana Başlıklar: Ekonomi Politik Teorisi | Makroekonomik Teori

Dergi: Fiscaoeconomia Vol.7 Issue Özel Sayı, pp.310-337

Belge Tipi: Makale

Yayın Tarihi: 10/2023

Belge Dili: İngilizce

Document ID (Org No.): 2001302194

pISSN: 2564-7504

Macroeconomic Performance

Socio-political Performance

InstitutionsMakroekonomik Performans

Sosyo-Politik Performans

Kurumlar

Sayı

Yazarlar:

Eşref Uğur Çelik

Yayıncı:

Ahmet Arif EREN

Ana Başlıklar:

Ekonomi Politik Teorisi | Makroekonomik Teori

Dergi:

Fiscaoeconomia Vol.7 Issue Özel Sayı, pp.310-337

Belge Tipi:

Makale

Yayın Tarihi:

10/2023

Belge Dili:

İngilizce

Document ID (Org No.):

2001302194

pISSN:

2564-7504