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Are Democracy and Economic Freedom Supportive of Economic Growth? The Case of Türkiye

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  • Çakmaklı Bahadır Murat

    (Gerze MYO, Sinop University, Türkiye)

Abstract

Subject and purpose of work Analysıng the effect of democracy and economıc freedom on economıc growth ın a developıng country ıs the subject of the study, and analysıng the effect of democracy and economıc freedom on economıc growth ın Türkiye ıs the aım of the study. Materials and methods Percapitagdp, Heritage, Global State of Democracy shows the locations and materials of the data obtained for the study. Todo-yamamoto was used as the method. Results There is no mutual effect of democracy and economic freedom on Türkiye’s economic growth between the determined periods. Conclusions Türkiye’s economic growth should be evaluated structurally rather than administratively, confidence and stability in capital markets should be re-established, and technological investments should become the precursor of economic growth to realize these structural policies.

Suggested Citation

  • Çakmaklı Bahadır Murat, 2025. "Are Democracy and Economic Freedom Supportive of Economic Growth? The Case of Türkiye," Economic and Regional Studies / Studia Ekonomiczne i Regionalne, Sciendo, vol. 18(2), pages 156-163.
    • Handle: RePEc:vrs:ecoreg:v:18:y:2025:i:2:p:156-163:n:1003
    DOI: 10.2478/ers-2025-0013
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    JEL classification:

    • O40 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General
    • P16 - Political Economy and Comparative Economic Systems - - Capitalist Economies - - - Capitalist Institutions; Welfare State
    • H11 - Public Economics - - Structure and Scope of Government - - - Structure and Scope of Government

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