Basic Policıes For industrialisation Process (TURKISH EXPEBIENCE)

Abstract

SUMMARY: 1 — Industrialisation is a necessity for each (Islamic country) : to develope her economy ; to evaluate her natural resources, in the best way; to improve sectors which provide more value added; to provide employment opportunity for the increasing population, and to stimulate the improvement in science and technology. 2 — Industrialisation pattern has no any definite particular blue - print. It can be changed according to socio - economic and political structure of the related country. It may be stimulated by the elite dynasty, national leaders, middle - class or revolutionary movement, or by some of them in a particular period of the country. It is better to be practical rather than doctrinary on this field. The refore Industrialisation process inevitably come to a mixed economic System, providing the place for free - enterprise, by the share and initiation of the state as well. Turkey started Industrialisation process by elite - dynasty, later led by national leaders, and last by middle - class managers, reaching to a mixed economy system. 3 — The sectoral developmcnt of industry should be balanced according to a planning system, compulsory for public sector, and volun tary, but guiding for private sector, supported by regional and city planning. 4 — Not the present, but cventual comparative advantage should be taken into consideration for selection of industrial project or sector priorities. Japan’s experience approves this tendency. 5 — Cheap credit facilities are imperative prerequisite for rapid industrialisation and balanced economic growth. International Islamic Bank project which is found to provide credit without interest might be a good example on this field.) 6 — Better industrial relations, among labor - employer and State, and skilled manpower policy is a very important factor in the process of industrialisation. 7 — Islamic countries especially in the middle - East should have international collaboration among them, on the subjects of standardisation of industrial products, productivity improvement measures, industrial education institutions, technological research and marketing analysis.