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Turkey At A Crossroads: The Political Economy Of Turkey’S Transformation, Turan Subaşat

Markets, Globalization & Development Review

Economics and politics are inextricably linked in all countries. This is particularly true for Turkey, which is at a crossroads where politics overwhelmingly dominates economics. An accurate understanding of the way in which the Turkish economy integrates into the global markets, therefore, will not be possible unless the broader political context is understood. This paper argues that Turkey is geared up for a regime change, which is likely to be more authoritarian and less secular. It first emphasizes the Islamist-oriented Justice and Development Party’s (AKP) radical policy discrepancies, which appear as inconsistencies at first glance but in effect complement each …