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Contesting Finance Capitalism in Turkey

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Courtesy: Thomas Marois, 9 May 2012

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Turkey has been touted as one of the great ‘emerging market’ success stories. As the advanced capitalisms like the U.S. and UK sunk into the Great Recession, Turkey pulled out of crisis earning the moniker of a key ‘growth market’ in 2011 by Jim O'Neill, the chair of Goldman Sachs Asset Management who originated the term ‘BRIC.’

"BRICS, IBSA should Reflect the Will of the People and not Interests of Capital in their Respective Countries" - Jayati Ghosh

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Newsclick Production 30 April 2010

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Professor Jayati Ghosh, economist from the Jawaharlal Nehru University talks about the restructuring of the International Monetary Fund and the World Bank; in the context of the Brazil-Russia-India-China (BRIC) and the India-Brazil-South Africa (IBSA) summit held in April 2010.

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