The definition of a peripheral economy

The period of Turkish history from the foundation of the Republic in 1923 to the depression in 1929 was characterised by a minimum of state intervention in the economy. This book, which illuminates the ways in which the forces of world capitalism acted upon and structured the peripheral formation of the Turkish economy in this period, provides a clear case study in the relationship of dependent economies to the capitalist world-system. Professor Keyder emphasises the importance, as mechanisms in the maintenance of existing economic relations, of ...