Publications with Fulltext

Permanent URI for this collectionhttps://hdl.handle.net/20.500.14288/6

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Now showing 1 - 10 of 79
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    How do mega-bank merger policy and regulations contribute to financial stability? Evidence from Australia and Canada
    (Taylor _ Francis, 2017) Department of International Relations; Department of International Relations; Bakır, Caner; Faculty Member; College of Administrative Sciences and Economics; 108141
    Although the role of financial regulatory failures in the global financial crisis (GFC) has been explored extensively in the post-GFC literature, our knowledge of the role of bank merger and takeover policy and regulation in reinforcing financial stability is limited. Based on an exploratory case study of Australia, which is examined in comparison to Canada, this article argues that competition policy and regulation contributed to financial stability by insulating the largest Australian and Canadian banks from domestic or foreign hostile takeover threats, and by limiting their asset size, and thus their internationalization and interconnections with the global banking community.
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    PublicationOpen Access
    Turkey's two elections: the AKP comes back
    (Johns Hopkins University (JHU) Press, 2016) Öniş, Ziya; Department of International Relations; Department of International Relations; Faculty Member; College of Administrative Sciences and Economics
    In power since 2002, the Justice and Development Party (AKP) of Recep Tayyip Erdoğan seemed as if it might be losing its hold when Turkish voters went to the polls in June 2015. Yet that “hung election” gave way to another contest in November, and the AKP came roaring back.
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    PublicationOpen Access
    Turkish foreign policy in a post-western order: strategic autonomy or new forms of dependence?
    (Oxford University Press (OUP), 2021) Kutlay, Mustafa; Department of International Relations; Department of International Relations; Öniş, Ziya; Faculty Member; The Center for Research on Globalization, Peace, and Democratic Governance (GLODEM) / Küreselleşme, Barış ve Demokratik Yönetişim Araştırma Merkezi (GLODEM); College of Administrative Sciences and Economics; 7715
    Turkish foreign policy has dramatically transformed over the last two decades. In the first decade of the Justice and Development Party's (AKP) rule, the 'logic of interdependence' constituted the driving motive of Turkish foreign policy. In the second decade, however, the 'logic of interdependence' and the soft power-driven 'mediator-integrator' role were gradually replaced with a quest for 'strategic autonomy', accompanied by interventionism, unilateralism and coercive diplomacy. This article explores the causes of this dramatic shift. We argue that 'strategic autonomy', which goes beyond a moderate level of status-seeking compatible with Turkey's material power credentials, has a double connotation in the Turkish context. First, it constitutes a framework for the Turkish ruling elite to align with the non-western great powers and balance the US-led hierarchical order. Second, and more importantly, it serves as a legitimating foreign policy discourse for the government to mobilize its electoral base at home, fragment opposition and accrue popular support. We conclude that the search for autonomy from its western allies and the move towards the Russia-China axis has led to Turkey's isolation and permitted the emergence of new forms of dependence.
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    PublicationOpen Access
    Parliamentary elections and the prospect for political pluralism in North Africa
    (Cambridge University Press (CUP), 2000) Department of International Relations; Department of International Relations; Dillman, Bradford L.; College of Administrative Sciences and Economics
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    PublicationOpen Access
    Introduction to the special issue anxiety and change in international relations
    (International Relations Council of Turkey (IRCT) / Uluslararası İlişkiler Konseyi Derneği, 2022) Department of International Relations; Department of International Relations; Rumelili, Bahar; Faculty Member; College of Administrative Sciences and Economics; 51356
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    Bridging international political economy and public policy and administration research on central banking
    (Taylor _ Francis, 2021) Yağcı, Mustafa; Department of International Relations; Department of International Relations; Bakır, Caner; Faculty Member; College of Administrative Sciences and Economics; 108141
    Central banking as an avenue of research has been of interest to scholars from International Political Economy (IPE) and Public Policy and Administration (PPA) disciplines. Nevertheless, there is very little dialogue between these two perspectives to bridge macro, meso, micro-level analyses and examine the reciprocal relationship between the global and domestic political economy context and monetary policy conduct. This article investigates the Turkish experience to bridge IPE and PPA scholarship on central banking in emerging economies. In doing so, we adopt an analytic eclectic approach combining multiple structural, institutional, and agential causal explanations with particular reference to the Structure, Institution, and Agency (SIA) theoretical framework. This is because analytic eclecticism complements, speaks to, and selectively incorporates theoretical approaches such as the New Independence Approach (NIA) of IPE and institutional and ideational PPA approaches. Drawing on the empirical context of the historical evolution of the Turkish political economy, we explore domestic and international interactions among micro, meso, and macro levels that shape central banking behavior. Our analysis also reveals how global dynamics are translated into domestic policy choices and how particular ideas influence the policymaking process. The analysis underscores the constraining and enabling influence of international dynamics, politics of ideas on emerging economy central banking, and the essential role individual and organizational agency play in the policymaking process.
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    PublicationOpen Access
    Why some countries are immune from the resource curse: the role of economic norms
    (Taylor _ Francis, 2016) Mousseau, Michael; Department of International Relations; Department of International Relations; Aytaç, Selim Erdem; Örsün, Ömer Faruk; Faculty Member; College of Administrative Sciences and Economics; 224278; N/A
    The political resource curse - the detrimental effect of natural resource dependence on democracy - is a well-established correlate of authoritarianism. A long-standing puzzle, however, is why some countries seem to be immune from it. We address this issue systematically by distinguishing two kinds of economies: contract-intensive, where individuals normally obtain their incomes in the marketplace; and clientelist, where individuals normally obtain their incomes in groups that compete over state rents. We theorize that the institutionalized patronage opportunities in clientelist economies are an important precondition for the resource curse, and that nations with contract-intensive economies are immune from it. Analysis of 150 countries from 1973 to 2000 yields robust support for this view. By introducing clientelist economy as a prerequisite for the resource curse, this study offers an important advance in understanding how nations democratize.
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    PublicationOpen Access
    Turkey and the Arab revolutions: boundaries of regional power influence in a turbulent Middle East
    (Taylor _ Francis, 2014) Department of International Relations; Department of International Relations; Öniş, Ziya; Faculty Member; College of Administrative Sciences and Economics; 7715
    The recent Turkish involvement in the Middle East constitutes an important test case for establishing the boundaries of regional power influence in a changing global context. The AKP government in Turkey has become a major supporter of political change and democratization in the era of the Arab revolutions. Accumulating empirical evidence suggests, however, that the highly assertive and pro-active foreign policy of the AKP government in recent years has not been effective in terms of facilitating reform or regime change in Syria or helping to influence the direction of political change in Egypt towards a durable pluralistic order. Indeed, the policy might have been counter-productive in terms of undermining Turkey's image of a benign regional power, by drawing it to sectarian conflicts and over-engagement in the domestic politics of key Arab states. Turkey has the potential to play an important role model in the highly uncertain world of the Arab revolutions. Its ability to perform this role, however, requires an improvement in its own democratic credentials, rather than being excessively involved in the domestic politics of individual states.
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    PublicationOpen Access
    Gender policy architecture in Turkey: localizing transnational discourses of women's employment
    (Oxford University Press (OUP), 2017) Alnıaçık, Ayşe; Deniz, Ceren; Department of International Relations; Department of Sociology; Department of International Relations; Department of Sociology; Olcay, Özlem Altan; Gökşen, Fatoş; Faculty Member; College of Administrative Sciences and Economics; College of Social Sciences and Humanities; N/A; 51292
    This article studies the institutionalization and implementation of policies addressing women’s low labor force participation in Turkey. It examines how state actors and institutions translate gender mainstreaming and work-family balance in the Turkish policy context. Approaching the state as a multi-layered and hierarchical set of institutions and practices, we trace the emergence of a policy architecture that marginalizes questions of women’s employment and gender equality. Our goal is to shed light on how state actors and institutions actively participate in vernacularizing transnational gender policy norms and, in the process, bend these norms so far that they produce contradictory meanings and practices.
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    PublicationOpen Access
    Why African Americans do not rebel? how hierarchic integration prevents rebellion
    (Cambridge University Press (CUP), 2022) Department of International Relations; Department of International Relations; Aktürk, Şener; Faculty Member; College of Administrative Sciences and Economics; 110043