مرکز منطقه ای اطلاع رساني علوم و فناوري - Liberal Foreign Trade in the Sustainability of Economic Development: The Case of the Post-1980 Turkey

Abstract :

The new economic order substantially constrains the ability of developed countries to penetrate into developing markets and to easily sell commodities. Besides, it makes it increasingly more difficult for these countries to acquire raw materials necessary for manufacturing high technology products. This is an important development for international trade. In the end, these developments in international trade significantly alter countries’ existing levels of importance. However, oddly, many underdeveloped and developing countries fail to realize the fact that the economic sustainability of developed countries depends on the size of their import and export capacities. Moreover, due to their economic dependence on developed countries, these countries feel obliged to implement the foreign trade regulations imposed on them by developed countries without any questioning. In this study, after examining the impact of liberal international trade policies upon global trade, Turkey’s foreign trade in the post-1980 had been addressed.