Since the late-1990s Turkey has emerged as a significant economic power. Never colonized and straddling the continents of Europe and Asia, it plays a strategically important role in a region of increasing instability.

Bülent Gökay examines Turkey’s remarkable domestic political and economic transformation over the past two decades within the context of broader regional and global changes. By situating the story of Turkey’s economic growth within an analysis of the structural changes and shifts in the world economy, the book provides new insights into the functioning of Turkey’s political economy and the successes and failures of its ruling party’s economic management.