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The Relationship between Trade and Foreign Direct Investment: Testing Ahmed Midhat Efendi's Hypothesis

Published online by Cambridge University Press:  01 November 2008

V. Necla Geyikdagi
Affiliation:
Department of Economics, Yeditepe University, Istanbul, Turkey; e-mail: neclag@yeditepe.edu.tr
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Extract

“Jack of all trades” Ahmed Midhat Efendi, one of the most famous and popular Ottoman writers of the 19th century, ranged widely in his subject matter, which included economics. Although he was criticized for not having a proper education in the field, his independent thinking made him the most important critic of the laissez-faire system that prevailed in the Ottoman Empire. He disapproved of the liberalism transferred from the West in a normative framework.

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Quick Studies
Copyright
Copyright © Cambridge University Press 2008

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References

1 Available at http://www.tuik.gov.tr/disticaretapp/tumraporlar.jsp (accessed 12 December 2007).

2 Available at http://evds.tcmb.gov.tr/yani/cbt-uk.html (accessed 11 December 2007).

3 Findley, Carter V., Ahmed Midhat Efendi Avrupaʿda (Ahmed Midhat Efendi in Europe) (Istanbul: Tarih Vakfı Yurt Yayınları, 1999), viGoogle Scholar.

4 Midhat, Ahmed, Ekonomi Politik (Political Economy), in Iktisat Metinleri (Economic Texts), ed. Erbay, E. and Utku, A. (Konya, Turkey: Cizgi Kitabevi, 2005), 1194, 68Google Scholar. The original writing of Ahmed Midhat dates back to 1879.

5 Daniels, John D. and Radebaugh, Lee H., International Business: Environments and Operations (Reading, Mass.: Addison Wesley, 1998), 344–45Google Scholar.

6 Berkes, Niyazi, Turkiye Iktisat Tarihi (Economic History of Turkey), 2 vols. (Istanbul: Gercek Yayınlari, 1975), 2:338–40Google Scholar.

7 Glenn W. Harrison, Thomas F. Rutherford, and David G. Tarr, “Economic Implications for Turkey of a Customs Union with the European Union,” Policy Research Working Paper (Washington, D.C.: World Bank, 1996), 4–5.

8 A. S. Akat, “Between Stability and Stagnation: Turkey at the Crossroads,” Privateview, http://www.tusiad.org/yayin/private/winter96/html/sec7.html (accessed 29 November 2007); E. Ozer, “Foreign Economic Policy and Relations of Turkey: The Regional Perspective,” http://www.sam.gov.tr/perceptions/Vol.2/March-May1997/foreigneconomic-policyandrelationsofturkey.pdf (accessed 29 November 2007).

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