Independent and cutting-edge analysis on Turkey and its neighborhood

In the flurry of arguments and theories put forth to explain the profound changes in Turkish diplomacy, little attention has been given to economic and financial considerations. The rise of a new business elite which can relay its demands at the highest level of government and the growing importance of international creditors is contributing to reshape Turkey’s diplomacy and to ground it in what A. Hirschmann would call a departure from the warmth of Passion to one centered around the cold pursuits of Interests. Indeed, the opening of new markets for its goods and the protection of financing for its investments has become a central and unnoticed foreign policy input. This brings about a redefinition of regional relationships along the lines of economic interests in a long process which has just started.

 
CONTRIBUTOR
Shahin Vallée
Shahin Vallée
From the Desk of the Editor TPQ’s Winter issue examines global trade dynamics—from US-China tensions to the renegotiation of the North American Free Trade Agreement (NAFTA) to US tariff threats towards the EU. Chief among the issues generating a high degree of economic uncertainty is the US-China trade conflict and the magnitude of the emerging global fallout. Major changes are already afoot—namely a shift...
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