The Political Economies of Turkey and Greece

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The Political Economies of Turkey and Greece is written by Mustafa Kutlay and published by Springer. It's available with International Standard Book Number or ISBN identification 3319927892 (ISBN 10) and 9783319927893 (ISBN 13).

The economic policies of reactive states such as Turkey and Greece, both of which have shown limited ability to implement institutional reforms in recent years, have paved the way for deep crises. The crises are devastating for both societies’ social fabric, but they also open up the opportunity to introduce new economic regimes. They do, however, not always invite changes in dominant paradigms. Despite weak state capacity and deep economic crisis in both cases, substantial reforms were initiated in Turkey whilst an opposite trend prevailed in Greece. Drawing on field research, this book develops a political economy framework that explains reform cycles and post-crisis outcomes in reactive states.