The Turkish Political Economy: Globalization and Regionalism

AbstractSince the early 1980s, the Turkish economy has globalized via neoliberal reforms. Turkey's globalization entailed a fundamental shift from the inward-oriented, state-led industrialization that had characterized the Turkish political economy for decades to a strategy of export-led growth...

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Bibliographic Details
Published in:Perspectives on global development and technology 2007-01, Vol.6 (1-3), p.229-259
Main Author: Onder, Nilgun
Format: Article
Language:English
Subjects:
CENTRAL ASIA
Economic Crises
Economic crisis
Economic history
Economic Integration
Economic sociology
Europe
EUROPEAN UNION
GLOBALIZATION
Industrialization
Islam and politics
ISLAMISM
Market economies
Market Economy
NEOLIBERALISM
Political Economy
Post-Cold War
Reforms
REGIONALISM
Studies
TURKEY
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Summary:AbstractSince the early 1980s, the Turkish economy has globalized via neoliberal reforms. Turkey's globalization entailed a fundamental shift from the inward-oriented, state-led industrialization that had characterized the Turkish political economy for decades to a strategy of export-led growth in an open market economy. Regionalism also became a major component of Turkey's globalization. In the post-Cold War era, the Turkish state has actively pursued multiple projects of regional economic integration. Regional projects are currently regarded as building blocks to Turkey's more successful participation in globalization. However, Turkey's neoliberal form of globalization so far has been characterized by major structural weaknesses, and it has resulted in recurrent economic crises.
ISSN:1569-1500
1569-1497
DOI:10.1163/156914907X207748