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Social Security Reform in Turkey: A Critical Perspective

Author

Listed:
  • Adem Y. Elveren

    (Department of Economics, University of Utah, adem.elveren@utah.edu)

Abstract

This article discusses social security reforms in Turkey in the framework of the welfare state, which started to fall in the 1970s as a result of the neoliberal paradigm promoting the interest of the capital class over the interest of the public as a whole. The article analyzes some handicaps of privatization attempts all over the world. The author argues that social security reforms in Turkey toward privatization will result in decreasing the welfare of the poorer strata of society. The author discusses the welfare losses incurred by the increasing nonparticipation of the government, which decreases income certainty for the beneficiary and exposes individuals to the risk of fluctuations in the economy in general and of the stock market in particular. JEL classification: G23, H53, H55

Suggested Citation

  • Adem Y. Elveren, 2008. "Social Security Reform in Turkey: A Critical Perspective," Review of Radical Political Economics, Union for Radical Political Economics, vol. 40(2), pages 212-232, June.
    • Handle: RePEc:sae:reorpe:v:40:y:2008:i:2:p:212-232
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    Citations

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    Cited by:

    1. Carlos SOTO IGUARAN, 2011. "The Turkish Welfare Regime Under Pressure: Resilience Or Change?," Region et Developpement, Region et Developpement, LEAD, Universite du Sud - Toulon Var, vol. 34, pages 85-112.
    2. Sule Sahin & Adem Yavuz Elveren, 2009. "A Cost Analysis of a Minimum Pension Guarantee for the Individual Pension System in Turkey," Working Paper Series, Department of Economics, University of Utah 2009_13, University of Utah, Department of Economics.
    3. Adem Yavuz Elveren, 2015. "The Impact of the Informal Employment on the Social Security Deficits in Turkey," World Journal of Applied Economics, WERI-World Economic Research Institute, vol. 1(1), pages 3-19, June.
    4. Ozturk Goktuna, Bilge & Dayangac, Renginar, 2024. "Informality: Family ties and retirement income," Research in Economics, Elsevier, vol. 78(1), pages 73-82.
    5. Özdemir, Ali Murat & Yücesan-Özdemir, Gamze, 2008. "Opening Pandora’s box: social security reform in Turkey in the time of the AKP," SEER Journal for Labour and Social Affairs in Eastern Europe, Nomos Verlagsgesellschaft mbH & Co. KG, vol. 11(4), pages 469-483.

    More about this item

    Keywords

    welfare state; social security; public pension; Turkey;
    All these keywords.

    JEL classification:

    • G23 - Financial Economics - - Financial Institutions and Services - - - Non-bank Financial Institutions; Financial Instruments; Institutional Investors
    • H53 - Public Economics - - National Government Expenditures and Related Policies - - - Government Expenditures and Welfare Programs
    • H55 - Public Economics - - National Government Expenditures and Related Policies - - - Social Security and Public Pensions

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