Overview

Ozgun Sarimehmet Duman analyses the transition from the Keynesian to the monetarist economic policy, and scrutinises the role of labour market reforms in the rise and consolidation of monetarism in Greece and Turkey. She offers an outline of specific forms and legacies of class struggle throughout the 20th century in these two countries, and evaluates the scope and content of labour market reforms namely deunionisation, suppression of collective bargaining, deregulation, flexibilisation, social security reform and privatisation under monetarism. The book explores the fundamental reason of the global economic crisis by referring to the financial market and the real economy, and offers an insight into the influence of the crisis on labour markets in Greece and Turkey. Finally, it makes an inquiry into the emergence of the economic crisis, the initial rescue plans and structural labour market reforms during the current global economic crisis in these two countries.

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9781322401836

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