Politics of neoliberal transformation: a comparative analysis of debt-led consumption and crisis in Turkey and Greece

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2015

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Durmaz, Günseli

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This thesis analyzes the neoliberal transformations of Greece and Turkey and the role of debt-led economic development strategy in this process. In order to explain historical specificities of these cases that identify the change today, a comparative historical analysis will be conducted. With this aim, the complex and multilateral relationship between state, market, international institutions and the constitutive of financial credits will be explored and the scope of this thesis will be confined to to the relationship between indebtedness and neoliberal transformations. In this thesis, it will be argued that what has differentiated the Greek and Turkish paths of neoliberal transformation has been different political trajectories of the two countries after the 1980s, which based on the differentiated capabilities of their social oppositions, and the long term implications of these different paths in terms of the sustainable development of the Greek and Turkish societies have yet to be seen in the future.

Subject Keywords

Neoliberalism., Debts, Public., Debts, External., Budget deficits., Consumption (Economics).

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http://etd.lib.metu.edu.tr/upload/12618676/index.pdf
https://hdl.handle.net/11511/24568

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Graduate School of Social Sciences, Thesis

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Citation Formats

G. Durmaz, “Politics of neoliberal transformation: a comparative analysis of debt-led consumption and crisis in Turkey and Greece,” M.S. - Master of Science, Middle East Technical University, 2015.