{"title":"U.S. Commercial Diplomacy Toward Turkey: Ambassador George C. McGhee’s Role in the Privatization of the Oil Business in the 1950s","authors":"Murat Iplikci","doi":"10.1163/18775462-bja10066","DOIUrl":null,"url":null,"abstract":"<p>American diplomats occupied an important place in Turkish politics in the 1950s. They were not only highly valued by Turkish governments; they also participated in decision-making processes as advisers, especially in matters of commerce and privatization. This article focuses on one of these influential actors, George C. McGhee, who played a significant role in the denationalization of Turkey’s oil operations in March 1954. With a degree and business background in the oil sector and experience in the Turkish mission, McGhee was an effective commercial diplomat. Throughout his short tenure as ambassador, McGhee influenced Turkish leaders to privatize the oil sector. He mediated between the Turkish government and American lawyers specializing in oil bills, alongside American companies as possible investors. Shortly after he left the Turkish post, Turkey passed a law that privatized the oil sector.</p>","PeriodicalId":41042,"journal":{"name":"Turkish Historical Review","volume":null,"pages":null},"PeriodicalIF":0.2000,"publicationDate":"2024-06-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Turkish Historical Review","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.1163/18775462-bja10066","RegionNum":4,"RegionCategory":"历史学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q2","JCRName":"HISTORY","Score":null,"Total":0}
引用次数: 0
Abstract
American diplomats occupied an important place in Turkish politics in the 1950s. They were not only highly valued by Turkish governments; they also participated in decision-making processes as advisers, especially in matters of commerce and privatization. This article focuses on one of these influential actors, George C. McGhee, who played a significant role in the denationalization of Turkey’s oil operations in March 1954. With a degree and business background in the oil sector and experience in the Turkish mission, McGhee was an effective commercial diplomat. Throughout his short tenure as ambassador, McGhee influenced Turkish leaders to privatize the oil sector. He mediated between the Turkish government and American lawyers specializing in oil bills, alongside American companies as possible investors. Shortly after he left the Turkish post, Turkey passed a law that privatized the oil sector.
期刊介绍:
The Turkish Historical Review is devoted to Turkish history in the widest sense, covering the period from the 6th century, with the rise of the Turks in Central Asia, to the 20th century. All contributions to the journal must display a substantial use of primary-source material and also be accessible to historians in general, i.e. those working outside the specific fields of Ottoman and Turkish history. Articles with a comparative scope which cross the traditional boundaries of the area studies paradigm are therefore very welcome. The editors also encourage younger scholars to submit contributions. The journal includes a reviews section, which, in addition to publications in English, French, and other western European languages, will specifically monitor new studies in Turkish and those coming out in the Balkans, Russia and the Middle East. The Turkish Historical Review has a double-blind peer review system.