| Abstract: | Turkey occupies a peculiar position in both international relations and economic policy-making. On the international front, the country is still in many senses a frontier state defining a major part of its policy outlook in terms of a political metaphor that has as much to do with the Cold War of the past as the east/west divide of the present. In the economic arena, Turkey is still one of the increasingly rare emerging markets which has never really broken free from the high growth/high inflation spiral. This article seeks to explain these apparent anomalies in terms of political structures within Turkey. The problems facing Turkish policy-makers and their inability to triumph over them is related to the weakness of political institutions within Turkey itself. Turkish political parties lack the legitimacy, policy coherence or firm base of public support easily to embrace programmes which might be perceived to threaten either the historic international position of the state or the well-being of the clients of the large state-controlled part of the economy. This weakness derives from the manner in which modern Turkey was created in the first half of the last century, a process that produced flaws in political structures which the following fifty years of democratic experience has not entirely erased. |
