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Uneven Centuries$
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Sevket Pamuk

Print publication date: 2018

Print ISBN-13: 9780691166377

Published to Princeton Scholarship Online: May 2019

DOI: 10.23943/princeton/9780691166377.001.0001

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Economic Development and Institutional Change, 1950–1980

Economic Development and Institutional Change, 1950–1980

Chapter:
(p.222) 10 Economic Development and Institutional Change, 1950–1980
Source:
Uneven Centuries
Author(s):

Şevket Pamuk

Publisher:
Princeton University Press
DOI:10.23943/princeton/9780691166377.003.0010

This chapter explores how the decades after World War II were a period of rapid growth for Turkey. Despite the crises in the mid-1950s and in the second half of the 1970s, GDP per capita increased at an average annual rate above three percent and more than doubled during the period 1950–1980. These rates of growth were unprecedented for Turkey. The long-term rates of growth achieved in Turkey after World War II were roughly comparable to the averages for both the developed countries and developing countries as a whole. As a result, the per capita GDP gap between Turkey and the developed countries changed little during this period.

Keywords:   Turkey, World War II, mid-1950s, 1970s, GDP, growth, developed countries, developing countries

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