Politics of Household Indebtedness in Turkey

dc.authorscopusid 57203915813
dc.authorscopusid 26022858000
dc.authorscopusid 59131412600
dc.contributor.author Ayhan, Berkay
dc.contributor.author Ayhan, Berkay
dc.contributor.author Aydin, Mustafa
dc.contributor.author Aydın, Mustafa
dc.contributor.author Ulcay, Ahmet
dc.contributor.other Political Science and International Relations
dc.contributor.other International Relations
dc.date.accessioned 2024-06-23T21:37:43Z
dc.date.available 2024-06-23T21:37:43Z
dc.date.issued 2024
dc.department Kadir Has University en_US
dc.department-temp [Ayhan, Berkay] Kadir Has Univ, Dept Polit Sci & Publ Adm, TR-34083 Istanbul, Turkiye; [Aydin, Mustafa] Kadir Has Univ, Dept Int Relat, Istanbul, Turkiye; [Ulcay, Ahmet] Gaziantep Univ, Dept Econ, Gaziantep, Turkiye en_US
dc.description.abstract This paper deals with how Justice and Development Party (AKP) governments navigated the politics of household indebtedness in Turkey and utilized it towards the 2023 elections. It argues that household debt is a political tool with positive and negative consequences for incumbent governments. Households have been able to access debt instruments such as credit cards, consumer credit, car loans, and mortgages in Turkey since the onset of financialisation in the 2000s. AKP governments have benefited from the micro-level household wealth/debt accumulation as well as its macro-level economic implications for the construction-led, credit-dependent economic growth model. On the other hand, household debt has had destructive societal consequences such as bankruptcies, divorces, and suicides that became commonplace in the opposition narratives. Pinpointing the responsibility for indebtedness among households, financial system, regulatory agencies, and government, as well as devising policy solutions, has become a political struggle in the months leading up to the 2023 elections. en_US
dc.description.sponsorship Scientific and Technological Research Council of Turkey (TUBITAK) [121K904] en_US
dc.description.sponsorship This research is funded by the Scientific and Technological Research Council of Turkey (TUBITAK) under grant number [121K904]. en_US
dc.identifier.citationcount 0
dc.identifier.doi 10.1080/14683857.2024.2354537
dc.identifier.issn 1468-3857
dc.identifier.issn 1743-9639
dc.identifier.scopus 2-s2.0-85193358441
dc.identifier.scopusquality Q1
dc.identifier.uri https://doi.org/10.1080/14683857.2024.2354537
dc.identifier.uri https://hdl.handle.net/20.500.12469/5739
dc.identifier.wos WOS:001224677800001
dc.identifier.wosquality Q2
dc.language.iso en en_US
dc.publisher Routledge Journals, Taylor & Francis Ltd en_US
dc.relation.publicationcategory Makale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanı en_US
dc.rights info:eu-repo/semantics/closedAccess en_US
dc.scopus.citedbyCount 0
dc.subject Household debt en_US
dc.subject politics en_US
dc.subject elections en_US
dc.subject political economy en_US
dc.subject Turkey en_US
dc.title Politics of Household Indebtedness in Turkey en_US
dc.type Article en_US
dc.wos.citedbyCount 0
dspace.entity.type Publication
relation.isAuthorOfPublication 74296556-7ec8-44d2-9788-144d5201cff7
relation.isAuthorOfPublication 786a2da3-4463-40b7-adba-e5a8904af713
relation.isAuthorOfPublication.latestForDiscovery 74296556-7ec8-44d2-9788-144d5201cff7
relation.isOrgUnitOfPublication a14c56b3-75bd-423c-b4e9-5aea12f8bbfd
relation.isOrgUnitOfPublication 028fdc65-f717-4baf-8465-4916d0e8304c
relation.isOrgUnitOfPublication.latestForDiscovery a14c56b3-75bd-423c-b4e9-5aea12f8bbfd

Files