1950-1960: Inflationary Period in Democrat Era

International Journal of Economics and Management Studies

© 2018 by SSRG - IJEMS Journal

Volume 5 Issue 10

Year of Publication : 2018

Authors : Fazıl Kayıkçı

10.14445/23939125/IJEMS-V5I10P102

How to Cite?

Fazıl Kayıkçı, "1950-1960: Inflationary Period in Democrat Era," SSRG International Journal of Economics and Management Studies, vol. 5,  no. 10, pp. 9-15, 2018. Crossref, https://doi.org/10.14445/23939125/IJEMS-V5I10P102

Abstract:

This paper presents the interpretation of inflation between 1950 and 1960 period in Turkey. In this interpretation, the economic environment of Turkey during that period, the effects and consequences of this environment to inflation was analysed. Government’s revolutionary investments in the field of agriculture and infrastructure were made following a populist approach, meanwhile with the chain of open budget, issuing banknotes, balance of payment depressions and dependency to foreign debts the macroeconomic imbalances occurred and the chronicle disease of the Turkish economy ‘inflation’ was born

Keywords:

Inflation, Trade deficit, investment, Democrat Party.

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