Industrial Policy in Turkey: Rise, Retreat and Return

This webinar was a launch of 'Industrial Policy in Turkey: Rise, Retreat and Return' by William Hale, Mustafa Kutlay and Mina Toksoz published by Edinburgh University Press. At a time when many advanced and emerging economies are adopting more active industrial policies, this book provides an in-depth historical–empirical account of industrial policy in Turkey – its rise, retreat and return. This study adopts a multidisciplinary approach and covers the role of the state in Turkey’s initial industrialisation to the current period of restructuring and potential technological upgrading of its manufacturing base. The analysis traces how industrial policy has been shaped by state capacity, the waves of reforms following economic crises, the dearth of long-term finance for industrialisation and, more recently, the need to address issues such as low-tech industrial structure and pre-mature de-industrialisation. The book aims to answer questions of what worked and what went wrong with previous policies. It asks how current policies could be shaped to overcome the problems of cronyism and corruption, and also achieve new objectives of technological upgrading and socio-environmental sustainability. William Hale is an Emeritus Professor at SOAS, having retired as Professor of Politics with Special Reference to Turkey in 2006. His main interests are the modern politics and international relations of Turkey. Mustafa Kutlay is a senior lecturer in the Department of International Politics at City, University of London. His current research focuses on the comparative politics and political economy of developing countries (with particular reference to Turkey, Turkish politics and foreign policy), institutions and development in the global South, and political risk analysis. Mina Toksoz is an International Economist having worked at the Economist Intelligence Unit variously as Editorial Director of the Middle East, Europe, and the Country Risk Service. Arda Bilgen is a Research Officer at the LSE Middle East Centre, where he works on the PeaceRep project ‘Surface Water Changes in the Euphrates-Tigris Basin since 1984 and their Governance Implications for Iraq’, led by Dr Michael Mason. His work mainly focuses on water politics, transboundary water resources management, and hydraulic infrastructure development.