Eurasian Economists Association

International Conference on Eurasian Economies

17-18 September 2013 – St. Petersburg, RUSSIA

Paper detail

Paper ID : 614
Status : Paper published
Language : Turkish
Topic : Growth and Development
Presenter: Assoc. Prof. Dr. Oğuz Bal
Session : 3B Makroekonomi

Theoretical Foundations of Privatization and Results in Turkey
Özelleştirmenin Teorik Temelleri ve Türkiye’deki Sonuçları

Abstract

Liberal economic order, businesses efficiency, productivity and profitability, competition for work is present in accordance with the principles defended private property order. As sistematical the main foundations of economic liberalism created by Adam Smith. Then, his prenciples developed by evolving Classic School, continued to the sovereignty until the Great Depression of 1929. I.World War took place in an environment dominated by Classical Ekol During, and after the war, from the principles of Classical School had not doubt. In 1936, John Maynard Keynes, the basic assumptions of the classical school refused. Following the II. World War; the 1950s and 1960s,sounds of the proponents of the liberal principles, was not strong as much as Keynesians. In the 1970s, emerged the world's most developed economy ABD, the high unemployment and inflation. Until 1973, wasn’t confronted with a serious crisis. Content of the neo-liberal economic policies between 1975-1980 was adopted. Since the 1980s, heavily affecting the world economy started to implement neoliberal policies. Acceleration of privatization, taxes, discounts for large scale unemployment, increase monetary measures to keep inflation under control was applied. In this article, on eight chapters were created. In the chapters, concept, scope and content, historical background of privatization, investigated material causes that give rise to privatization, the basic bases of privatization, the ideological foundations of privatization. Privatization aims were discussed, and was given examples of countries is characterized by intense privatization. The general results and in Turkey latests cases were discussed.

JEL codes: A10, B16, E12

Bal, Oğuz (2013). "Theoretical Foundations of Privatization and Results in Turkey" in Proceedings of International Conference of Eurasian Economies 2013, pp.355-364, St. Petersburg, RUSSIA.

DOI: https://doi.org/10.36880/C04.00614

Full paper in PDF format.

Session 3B: Makroekonomi

Beykent University Turkish Central Bank TIKA