2 The Turkish economy in the twentieth century

Chapters in this book

1. Front Matter i
2. Contents v
3. Acknowledgements vii
4. Map 1
5. Introduction 1
6. Global shift and the world economy
7. An emerging market economy 11
8. The Turkish economy in the twentieth century 29
9. The AKP 1: populist neoliberalism
10. Deep financial and economic crisis: Turkey prepares the ground for the AKP 53
11. The “golden age„: stable growth, fiscal discipline and “heaven„ for foreign direct investment 61
12. Crisis at the global centre 67
13. The AKP 2: authoritarian neoliberalism
14. The global financial crisis and Turkey's response 73
15. Turkish foreign policy: the Arab Spring and the Syrian catastrophe 85
16. The Taksim Gezi protests and the authoritarian turn 95
17. The 2016 failed coup and crackdown 107
18. The Crisis of global hegemony
19. The US–Turkey stand-off, trade wars and new partners 115
20. Turkey and uncertain predictions for the world economy 137
21. The Covid-19 pandemic 147
22. Towards a conclusion: some key trends 157
23. Notes 167
24. References 175
25. Index 199