Ziya Onis: The Political Economy of the AKP Era

Posted on September 6th, 2012 in Events

Tuesday, November 13, 2012, 5:30 pm, Pigott Hall, Room 113 (450 Serra Mall, map)

Stanford- Koç Lecture Series

Ziya Öniş (Koç University), “The Triumph of Conservative Globalism: The Political Economy of the AKP Era”

Abstract: The Adalet ve Kalkınma Partisi (AKP), following its third successive electoral victory appears to be far more entrenched than its earlier center-right counterparts in Turkish politics. This article highlights the key political economy fundamentals that have rendered the AKP experience unique within the Turkish context. Accordingly, strong economic performance in context of “regulatory neo-liberalism” helped by a favorable global liquidity environment in the early parts of the decade was a key contributor to the party’s continued electoral success. The party also made effective use of a variety of formal and informal redistributive mechanisms, which is referred as “controlled neo-populism” in this article, to enlarge its electoral coalition. Furthermore, the fact that Turkey did not suffer a typical old-style economic crisis in the context of the global turmoil of 2008–2009 was important for the AKP’s electoral fortunes. Concomitantly, the AKP government was quite effective in managing the global financial crisis politically and it took advantage of its assertive “new” foreign policy approach. Finally, this study argues that the AKP also benefited from the fragmented opposition.

Ziya Öniş is Professor of International Relations and the Director of the Center for Research on Globalization and Democratic Governance (GLODEM) at Koç University in Istanbul, Turkey. He received his BSc. and MSc. in Economics from London School of Economics, and his Ph.D. in Development Economics from University of Manchester.  He also taught at Boğaziçi University (Istanbul), Işık University (Istanbul), and University of Manchester. He has written extensively on various aspects of Turkish political economy. His most recent research focuses on the political economy of globalization, crises and post-crises transformations, Turkey’s Europeanization and democratization experience and the analysis of new directions in Turkish foreign policy. Among his most recent publications are  “Beyond the Global Economic Crisis: Structural Continuities as Impediments to a Sustainable Recovery” (All Azimuth, 2012), “Power, Interests and Coalitions: The Political Economy of Mass Privatization in Turkey” (Third World Quarterly, 2011), “Europe and the Impasse of Center-Left Politics in Turkey: Lessons from the Greek Experience” (Journal of Balkan and Near Eastern Studies, 2010), Turkey and the Global Economy: Neo-liberal Restructuring and Integration in the Post-Crisis Era (2009), and Turkish Politics in a Changing World: Global Dynamics and Domestic Transformations (2007)

The event is organized as part of the Koç -Stanford Lecture Series, a three-year project organized under the framework of the Mediterranean Studies Forum’s Turkish Studies Initiative and in collaboration with Stanford Center for Russian, East European, and Eurasian Studies.

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