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Estimating the surplus in the periphery: an application to Turkey | |
Cem Somel | |
This paper discusses how the economic surplus
concept can be used to analyse the constraints imposed by the world system
on economic development. It argues that the interaction of foreign interests
with domestic ruling class interests influences the allocation of surplus
in underdeveloped social formations by shaping the entire domestic incentive
and constraint environment. The central problem of development then is to
replace these constraints with national development priorities. Empirical
analysis is based on an estimation of the surplus for Turkey for 1980-96. To access the paper on the Cambridge Journal of Economics website, please click on the link below: http://cje.oupjournals.org/cgi/content/abstract/27/6/919?ijkey=tWcuLChUm.Q/ M&keytype=ref&siteid=cameco |
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© International Development Economics Associates 2004 |