ABSTRACT
The main practical expression of the etatist philosophy was Turkey's first five-year industrialisation plan, which was drawn up in 1933 and put into operation between 1934 and 1938. The Statist principles of economic development which were adopted by the regime during the 1930s have been subjected to any number of different definitions and interpretations. As in the industrial sphere, it was the experiences of the wartime period which produced the most serious criticisms of the government's agricultural policy. Education was the sphere of social policy in which the republican regime made its most consistent and concerted effort. The scandalous Property Tax was not the only or even the major defect of monetary and fiscal policy. Foreign trade was further controlled by the signature of a series of clearing agreements with Turkey's major trading partners, beginning with France and Germany in 1933.
