Vahit Ozan Poşluk Mar 22, 2024 Figure 1: The iconic Bosphorus Bridge in Istanbul Just a little bit less than a year ago, Turkey, a member of NATO and (still) a candidate country of the EU, went through an election process that was deemed as the crossroads for the centennial republic. Although the campaign period…
Introduction Since the election of the Justice and Development Party (Adalet ve Kalkınma Partisi – AKP) in November 2002, Turkey has emerged as a paradoxical case among the world’s rapidly growing upper-middle-income economies. It has achieved significant technological upgrading in many of its export-oriented sectors, including transportation, consumer electronics, and defense, despite an institutional environment…