Economic assistance to Turkey from Europe and the United States

Abstract

This thesis examines the extent, limitations, and effects of foreign aid to Turkey from the United States, Europe, and International Financial Institutions (IFIs). It also interprets the evolution of the concept of conditionality attached to economic assistance by the donors. After evaluating the main arguments of liberal and dependency perspectives on foreign aid to developing countries, the thesis makes the argument that under certain circumstances foreign aid can lead to economic and social development. Conditionality plays an important role in ensuring effectiveness of foreign aid. This study focuses on the evolution of conditionality attached to various foreign aid packages for Turkey. It then evaluates if there is a correlation between the conditionality attached and policy results considered satisfactory. The study covers the period of 1945 to 2000.