The ties that don't bind: trading state debates and role of state capacity in Turkish foreign policy
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Date
2023
Authors
Karaoguz, Huseyin Emrah
Journal Title
Journal ISSN
Volume Title
Publisher
Routledge Journals, Taylor & Francis Ltd
Abstract
The literature on trading states has advanced our understanding of foreign economic policy dynamics, but what constitutes a proper trading state and determines its resilience remains somewhat unclear. This article contributes to the literature by developing a political economy framework to assess the role of 'state capacity' in conditioning Turkey's foreign economic policies. Using Turkey as a case, we argue that states are more likely to show suboptimal economic engagement in case of weak state capacity, as (i) they fail to pursue effective industrial policy resulting in low exit costs, (ii) business elites cannot put pressure on the political leadership for the preservation of existing trade ties in the event of an external shock, and (iii) weak financial support mechanisms lead to insufficient assistance to national firms operating abroad.
Description
Keywords
Political-Economy, Business, Interdependence, Future, Trading state, Political-Economy, state capacity, Business, foreign economic policy, Interdependence, developmental foreign policy, Future, Turkish foreign policy
Turkish CoHE Thesis Center URL
Citation
0
WoS Q
Q2
Scopus Q
Q1
Source
Southeast European and Black Sea Studies
Volume
23
Issue
2
Start Page
409
End Page
429