Journals / Maliye Dergisi / 2014 / Sayı: 167

Middle-ıncome trap and innovation policies: East Asian experience and lessons for Turkey

Orta gelir tuzağı ve inovasyon politikaları: Doğu Asya deneyimi ve Türkiye için dersler

Pages
40–70
DOI
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AI Summary & Key Takeaways

AI Insight
⚡ TL;DR(Too Long; Didn't Read)

Within the scope of study, recommendations will be submitted to Turkey in the light of the experience of countries which have escaped the middle-income trap.

📌 3 Key Takeaways

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Objective & Hypothesis:According to the definition of the World Bank, countries, caught in the “Middle- income trap", are the countries that have weakening competitiveness to the standard of manufacturing industry products against the poor, low-wage countries, on the other hand, have difficulty in converging to rich, innovation-based growth countries.
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Key Findings & Data:In recent years, Turkey has made a significant increase in the level of per capita income with the help of its growth rate.
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Conclusion & Impact:Within the scope of study, recommendations will be submitted to Turkey in the light of the experience of countries which have escaped the middle-income trap.
🔬Design:Research Article
📍Scope:Comprehensive Sample
⚙️Variables:Domain Parameters

Abstract

According to the definition of the World Bank, countries, caught in the “Middle- income trap", are the countries that have weakening competitiveness to the standard of manufacturing industry products against the poor, low-wage countries, on the other hand, have difficulty in converging to rich, innovation-based growth countries. In recent years, Turkey has made a significant increase in the level of per capita income with the help of its growth rate. However, it does not seem possible, going beyond this, catching up with developed countries with available technological capability level of economic structure. The aim of this study is to discuss necessary policy alternatives in order to save Turkey's economy from the middle-income trap and to expose inability of the neoclassical approach which is the basis of existing industrial strategy. Within the scope of study, recommendations will be submitted to Turkey in the light of the experience of countries which have escaped the middle-income trap.

Özet

Dünya Bankasının tanımına göre “Orta gelir tuzağı”na yakalanan ülkeler düşük ücretli, fakir ülkelere karşı standart imalat sanayi ürünlerinde rekabet gücü zayıflayan; diğer taraftan inovasyona dayalı büyüyen zengin ülkelere ise yakınsamakta zorlanan ülkelerdir. Türkiye son yıllarda yakaladığı büyüme ivmesiyle kişi başı gelir düzeyinde önemli bir artış sağlamıştır. Ancak bunun ötesine geçerek gelişmiş ülkeleri yakalayabilmesi ekonomik yapının sahip olduğu mevcut teknolojik yetenek düzeyiyle olanaklı görülmemektedir. Bu çalışmanın amacı Türkiye ekonomisinin orta gelir tuzağından kurtulabilmesi için izlemesi gereken politika alternatiflerini tartışmak ve mevcut sanayi stratejisine kaynaklık eden neoklasik yaklaşımın yetersizliklerini sergilemektir. Çalışma kapsamında orta gelir tuzağını aşan ülkelerin deneyimleri ışığında Türkiye için öneriler sunulacaktır.

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Cite This Article

TUNCEL, C. O. (2014). Middle-ıncome trap and innovation policies: East Asian experience and lessons for Turkey. Maliye Dergisi, Sayı: 167, 40–70. https://ajindex.com/articles/78941

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