• Mustafa Kutlay
Part of the International Political Economy Series book series (IPES)


Kutlay argues that paradigmatic reforms are the outcomes of complex interactions of a set of factors. A fragile joining up of agency-level and institutional factors makes reform processes intricate, contingent, and context dependent. The chapter revisits the Turkish and Greek political economies and makes the case that the comparative analysis of these two cases is still under-studied in the literature. The concluding chapter also compares three-stage conceptual framework with some major explanations and offer three main propositions. The chapter also discusses avenues for future research that concerns southern European model of capitalism.


  1. Alesina, lberto, Silvia Ardagna, and Francesco Trebbi. “Who Adjusts and When? On the Political Economy of Reforms.” IMF Staff Papers 53 (2006): 1–29.Google Scholar
  2. Börzel, Tanja, and Thomas Risse. “When Europe Hits Home: Europeanization and Domestic Change.” EIoP Online Papers 4, no. 15 (2000).Google Scholar
  3. Konstandaras, Nicos. “Greece’s Economic and Political Traps.” New York Times. October 26, 2014.Google Scholar
  4. Öniş, Ziya, and Fikret Şenses. “Global Dynamics, Domestic Coalitions and Reactive State: Major Policy Shifts in Post-War Turkish Economic Development.” METU Studies in Development, no. 34 (2007): 251–286.Google Scholar
  5. Özel, Işık. “The Politics of De-delegation: Regulatory (In)dependence in Turkey.” Regulation and Governance 6, no. 1 (2012): 119–129.Google Scholar

Copyright information

© The Author(s) 2019

Authors and Affiliations

  • Mustafa Kutlay
    • 1
  1. 1.City University of LondonLondonUK

Personalised recommendations