From Washington consensus to global crises

İnan, Mutlu
This thesis focuses on the changing modes of state intervention into the economy in neoliberalism. It contends that the so called free market is neither a natural process nor an inevitable result of the harmony of interest, but the result of a deliberate political making process. The global economic crisis provided ample evidence to refute the claim that state and market are separately existing and antagonistic entities and indicates that the issue is not the market or the state, since the state in a capitalist society is equally subordinate to capital, simply providing an alternative mode of regulation of capital accumulation. The state has always been essential for "proper" workings of the market, especially for the interests of capital and the neoliberal state is not an exception.


State aids policy in the EU
Özmen, Melike Demirkaya; Aşçıoğlu Öz, Gamze; Department of Political Science and Public Administration (2010)
This thesis analyzes the state aids policy in EU especially by taking the post-2008 crisis implementations in the banking sector into consideration. The main goal of the thesis is to examine the questions about how the EU directs the considerably strict state aids policy in the crisis term and whether or not there has been a turn in state aids policy tradition during the crisis. For this purpose, the study, first, evaluates the competition policy as the umbrella title for state aids policy, the definition a...
An evaluation of the trilemma: global constraints on monetary policies of developing countries in the post Bretton Woods era
Tercioğlu, Remzi Barış; Cömert, Hasan; Department of Economics (2016)
This study investigates monetary policy independence of developing countries in the context of the trilemma concept in the post Bretton Woods Era. Throughout the thesis, multidirectional effects of financial flows on monetary policies of developing countries are described and limits on effectiveness of the policy rate tool are discussed. As empirical evidence shows, global factors restrict central bank independence in developing countries and the policy rate tool is not effective enough in influencing long-...
Neoliberal Transformation of the State through the Establishment of Independent Regulatory Agencies : The Case of "Tobacco and Alcohol Market Regulatory Authority" in Turkey
Şafak - Çubukçu, Öykü; Yalman, Osman Galip; Department of Political Science and Public Administration (2012)
Based upon critical political economy and Marxist theory of the state, this thesis attempts to understand the neoliberal form of the capitalist state in Turkey. While doing this, it puts the establishment of independent regulatory agencies (IRAs) into the framework of the claim of de-politicization and redefined form of the separation of the political and the economic under neoliberalism. It argues that neoliberalism solved its crisis and settled through each financial crisis, as a result of which the state...
Rethinking the implications of flexibilisation of labour markets:the case of home-based production in Tuzlucayir,Ankara
Metin, Şahin; Bedirhanoğlu Toker, Pınar; Department of Political Science and Public Administration (2009)
Flexibilisation of labour markets has been one of the significant outcomes of the neoliberal transformation processes in all over world. This development, which is indeed one of aims of the neoliberal reforms as well, has been comprehended differently by liberal Institutionalist and critical Marxist perspectives. According to the liberal Institutionalists, the flexibilisation of labour can generate positive results for labour, while for the scholars of Marxist tradition the flexibilisation of labouring proc...
On consensus, constraint and choice: economic and monetary integration and Europe's welfare states
Bolukbasi, H. Tolga (Informa UK Limited, 2009-01-01)
This article reassesses the theoretical expectations and empirical findings in the political economy literature on the impact of economic and monetary union (EMU) on European welfare states. After summarizing the literature which views EMU as the symbol of the primordial conversion to neoliberalism, the article identifies the underlying hypothesis, assumptions, and predictions of the earlier, largely apprehensive literature of the 1990s which was based on ex ante convictions on EMU's social consequences. Th...
Citation Formats
M. İnan, “From Washington consensus to global crises,” M.S. - Master of Science, Middle East Technical University, 2010.