Kutlay,M.Karaoğuz, Hüseyin EmrahKaraoğuz,H.E.2024-06-232024-06-2320232662-2483https://doi.org/10.1007/978-3-031-12116-6_4https://hdl.handle.net/20.500.12469/5822This chapter analyses Turkey’s economic governance performance in historical terms. It documents the enduring institutional and political problems that have impeded the formation of pro-development policy coalitions. It then focuses on the post-2000 era to highlight the strong continuity of reproducing ineffective economic governance practices. Next, it concentrates on R&D policies between 2002 and 2010, when Turkey was generally considered a promising “trading state” built on strong economic performance and foreign policy activism. Finally, it examines the consequences of weak economic governance: relatively mediocre industrial upgrading performance and low “exit costs” for preserving trade interdependence with neighboring countries. © 2023, The Author(s), under exclusive license to Springer Nature Switzerland AG.eninfo:eu-repo/semantics/closedAccess[No Keyword Available]Book Part85114Part F180910.1007/978-3-031-12116-6_42-s2.0-851793263820