Publication

This paper examines the structural reforms undertaken by Turkey since the economic crisis the country suffered in 2000-2001. The author contends that these reforms enabled Turkey to not only recover from the crisis, but that they also played a key part in enabling the country to remain more or less resilient to the global economic crisis of 2008. He then discusses how increased centralization and state interference in the country's economy are overturning the reforms, leaving the country more vulnerable to economic risks.