Global History, 1945-79

METU Department of Economics Retired Faculty Member Prof. is one of the productive writers of economic science and socialist thought. In his new book, Oktar Türel examines international economic developments in the period 1945-79. According to Türel, this period is important for those interested in political economy in two respects:

A collapsed international economic order was restructured and made functional, and the economic development during this period was very rapid compared to before and after. The book, which reveals that there is much to learn from the experiences of the 1945-79 period in today's conditions where the international order is approaching serious crisis thresholds, consists of two basic parts. The first, relatively short part, describes the political “background” of the period in question. There are five chapters in this section, which guide the reader to understand the connections of political/economic interaction: The formation of bipolar international politics; Truman Doctrine and Marshall Plan; the loss of power of working class movements in the capitalist "center"; I. Developments in the Cold War and the "Third World". In the second part of the book, which is more voluminous, international economic developments are examined in outline. In the first part of this part, which also consists of five chapters, II. The international economic institutionalization that took place after World War II is described. The second and third chapters focus on reviewing major economic developments and economic policy directions in the capitalist “core” and “periphery,” respectively. The disintegration of the dominant Keynesian paradigm after the war, which took place in the 1968-79 sub-period, is the subject of the fourth chapter, while the fifth and last chapter discusses how the "environment" responded and adapted to this dissolution. It is a very important source to understand the economic and political developments in recent history, the paradigm changes of capitalism and "center/periphery" relations, together with their effects on today...

(From the Promotional Bulletin)

Dough Type: 2nd Dough

Size: 16 x 24

First Print Year: 2017

Number of Printings: 1st Edition

Media Type: Paperback