Turkey and the Global Economy

Turkey and the Global Economy PDF

Author: Ziya Onis

Publisher: Routledge

Published: 2009-10-01

Total Pages: 503

ISBN-13: 1135268045

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Since the financial crisis of 2000 and 2001 the Turkish economy has undergone considerable change and some improvement. This book gives a detailed examination of the neo-liberal restructuring that has taken place and the challenges the economy still faces, providing a comparative perspective on recent reforms and the position of Turkey in the global economy. This book examines all major aspects of the post-crisis economic performance of the Turkish economy. Major sectors of the economy such as agriculture and manufacturing along with key issues such as privatization, export growth, developments in the labour market, poverty and social exclusion are analysed in detail. The authors consider Turkish performance from a comparative perspective, drawing attention to its similarities with the experience of other emerging markets. Providing an insight into the major difficulties of post-crisis adjustment, sustainability of the gains achieved so far and the challenges that lie ahead, this book will be of interest to academics and scholars in the fields of International Political Economy and Globalization Studies, Middle East Studies and Development Studies, as well as having significance for practitioners in emerging markets.

Turkey in the Global Economy

Turkey in the Global Economy PDF

Author: Bülent Gökay

Publisher: McGill-Queen's Press - MQUP

Published: 2021-02-04

Total Pages:

ISBN-13: 0228004578

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Since the late 1990s Turkey has emerged as a significant economic power. Never colonized and straddling the continents of Europe and Asia, it plays a strategically important role in an increasingly unstable region. Bülent Gökay examines Turkey's remarkable political and economic transformation within the context of broader regional and global changes. By situating the story of Turkey's economic growth within an analysis of the structural changes and shifts in the world economy since the end of the Cold War, the book provides new insights into the functioning of Turkey's political economy and the successes and failures of its ruling party's economic management.

The Rise of a New Superpower

The Rise of a New Superpower PDF

Author: Angelo Arcuri

Publisher: Springer Science & Business Media

Published: 2013-05-14

Total Pages: 66

ISBN-13: 331900431X

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The book explains the reasons for the recent economic success of Turkey by examining the transformation of the private sector and the development policies implemented by the Turkish government. Further concrete insights are provided by professionals working for institutional and business players such as SACE, the first Italian insurance group in the field of export credit, and ABIGEM, a business center supporting SMEs in Turkey. Turkish Airlines, winner of the Best Airline in Europe award in 2012, also contributed to the volume through useful information provided by its press office. Turkey’s strategic role in the energy market is then analyzed, with discussion of the limits and opportunities of the oil, gas, and renewable sectors. In addition, careful attention is paid to the difficult relations between Turkey and the European Union and to Turkey’s application for EU membership. Turkey is one of the most important emerging countries in the world thanks to the booming economic growth that has been achieved there during the past decade. This book analyzes the increasingly key role played by Turkey within the international community by focusing on two main issues: the economic scenario and the energy market.​

Turkish Economy At The Crossroads: Facing The Challenges Ahead

Turkish Economy At The Crossroads: Facing The Challenges Ahead PDF

Author: Asaf Savas Akat

Publisher: World Scientific

Published: 2020-10-05

Total Pages: 370

ISBN-13: 9811214905

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Turkish Economy at the Crossroads: Facing the Challenges Ahead is an exciting new volume of articles from prominent experts, edited by two distinguished economists. Despite its international stature and its diversified open-market economy, the global literature on Turkey is dispersed and sparse. The book aims to remedy this shortcoming by providing readers interested in Turkey with a balanced and up-to-date overview of the economy.Topics discussed include trends in long-term political economy, post-2001 macroeconomic policies, tradable and non-tradable sectors and their impact on income distribution, capital flows and financial imbalances, success and problems of structural transformation at the micro level, characteristics of the labor markets with special emphasis on female employment, Turkey's long lasting but difficult relations with the European Union and possible scenarios for the near future. This unified approach permits to highlight and tackle effectively the challenges and risks Turkey faces in the final and critical stage of transition to a modern developed society.

Political Economy of Development in Turkey

Political Economy of Development in Turkey PDF

Author: Emre Özçelik

Publisher: Springer Nature

Published: 2022-03-10

Total Pages: 365

ISBN-13: 9811673187

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Adopting a political-economy perspective, this book is an original collection of research chapters that focus on Turkey’s economic-development experience from the nineteenth century to the present. It provides a systematic and chronological examination of Turkey’s major historical dynamics in the economic and socio-political spheres. The chapters are organized according to the consecutive phases of Turkey’s political-economic development. Each chapter not only reflects on the country-specific aspects of those development phases, but also clarifies the dependence of domestic-policy orientations on the dynamics of the world economy. As such, the book provides a historically-conscious, political-economic account of Turkey’s dependent-development experience. The book serves as a quality reference on the political economy of modern Turkey, bringing together fourteen prominent experts as contributing authors who have devoted their intellectual lives to the understanding and explanation of political-economic dynamics in both Turkey and the world. All contributors write on a historical period of the Turkish economy in which they are most specialized. This aspect of the book is a momentous advantage in the field of Turkey's political economy, enabling the highest degree of academic expertise to concentrate in each chapter.

Turkey’s Political Economy in the 21st Century

Turkey’s Political Economy in the 21st Century PDF

Author: Emel Parlar Dal

Publisher: Springer Nature

Published: 2019-12-07

Total Pages: 319

ISBN-13: 3030276325

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This book shows the remarkable diversification in Turkey’s international political economy landscape in the 2000s: its domestic political-economy framework, instrumental alternatives and geographic outreach. It assesses both how an emerging economy like Turkey copes with domestic and external challenges and the question of how substantial Turkey’s recent rise in global politics really is. The volume also explains Turkey’s economic growth and political transformation in line with the changes occurring in world economics, from the Washington Consensus era to the current “mix” or “hybrid” era encompassing both the characteristics of the Post-Washington and Beijing Consensus eras. The contributors portray the complexity of Turkish politics and its fragilities at the political economy level.

Turkey and the West

Turkey and the West PDF

Author: Kemal Kirisci

Publisher: Brookings Institution Press

Published: 2017-12-12

Total Pages: 323

ISBN-13: 0815730012

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Turkey: A necessary ally in a troubled region With the new administration in office, it is not clear whether the U.S. will continue to lead and sustain a global liberal order that was already confronted by daunting challenges. These range from a fragile European Union rocked by the United Kingdom’s exit and rising populism to a cold war-like rivalry with Russia and instability in the Middle East. A long-standing member of NATO, Turkey stands as a front-line state in the midst of many of these challenges. Yet, Turkey is failing to play a more constructive role in supporting this order--beyond caring for nearly 3 million refugees, mostly coming from the fighting in Syria--and its current leadership is in frequent disagreement with its Western allies. This tension has been compounded by a failed Turkish foreign policy that aspired to establish its own alternative regional order in the Middle East. As a result, many in the West now question whether Turkey functions as a dependable ally for the United States and other NATO members. Kemal Kirisci’s new book argues that, despite these problems, the domestic and regional realities are now edging Turkey toward improving its relations with the West. A better understanding of these developments will be critical in devising a new and realistic U.S. strategy toward a transformed Turkey and its neighborhood. Western policymakers must keep in mind three on-the-ground realities that might help improve the relationship with Turkey. First, Turkey remains deeply integrated within the transatlantic community, a fact that once imbued it with prestige in its neighborhood. It is this prestige that the recent trajectory of Turkish domestic politics and foreign policy has squandered; for it to be regained, Turkey needs to rebuild cooperation with the West. The second reality is that chaos in the neighborhood has resulted in the loss of lucrative markets for Turkish exports—which, in return, increases the value to Turkey of Western markets. Third, Turkish national security is threatened by developments in Syria and an increasingly assertive Russia, enhancing the strategic value of Turkey’s “troubled alliance” with the West. The big question, however, is whether rising authoritarianism in Turkey and the government’s anti-Western rhetoric will cease and Turkey’s democracy restored before the current fault lines can be overcome and constructive re-engagement between the two sides can occur. In light of these realities, this book discusses the challenges and opportunities for the new U.S. administration as well as the EU of re-engaging with a sometimes-troublesome, yet long-time ally.

Remaking Politics, Markets, and Citizens in Turkey

Remaking Politics, Markets, and Citizens in Turkey PDF

Author: Ebru Kayaalp

Publisher: Bloomsbury Publishing

Published: 2014-12-18

Total Pages: 233

ISBN-13: 1472511999

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Remaking Politics, Markets, and Citizens in Turkey critically analyses the travel of neoliberal ideas, policies, experts and institutions from the West to Turkey. Through an ethnographic investigation of the newly established tobacco market, Ebru Kayaalp considers how they are being adopted and transformed in their new settings. The February 2001 crisis, the most severe economic downturn in the history of Turkey, generated an emergency situation in which a series of sweeping neoliberal policies were implemented to prop up the collapsed economy. To receive the necessary loans from the international financial institutions, the Turkish government hastily enacted a number of neoliberal laws, including the notorious tobacco law. Remaking Politics, Markets, and Citizens in Turkey not only explores the repercussions of the new tobacco law, such as the establishment of a new regulatory institution, the emergence of contract farming and the privatization of the tobacco monopoly, thereby making a liberalized market, but also the smoking ban governing the bodies and spaces of Muslim citizens. Remaking Politics, Markets, and Citizens in Turkey provides an innovative contribution to Middle Eastern studies, filling the gap for anthropological research in Muslim countries on local economic relations and their connections with the global economy.