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This paper attempts to provide a general framework to understand the broad features of Turkish political economy by focusing on key crises and their political and economic consequences. Attention is drawn to the transformative impact of the major crises in terms of both shifts in the broad thrust of economic policies and the nature of Turkish private sector development. The paper concludes by underlining the importance of democratic consolidation as a means of overcoming the cyclical nature of economic growth experienced so far, with its far-reaching and costly political and human consequences.

 

CONTRIBUTOR
Ziya Öniş
Ziya Öniş

Professor Ziya Öniş is a Professor of International Political Economy in the Department of International Relations at Koç University, Istanbul, Türkiye.

Foreword The global order is undergoing profound transformations, reshaping alliances, power dynamics, and strategic priorities in ways that remain uncertain. In an era defined by rapid geopolitical shifts, economic volatility, and evolving security paradigms, the international community faces increasing challenges that require adaptive and innovative responses. This special issue of Transatlantic...
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