Bülent Gökay is Professor of International Political Economy at the University of East London. He is the founding editor of the Journal of Global Faultlines and has published several books on global politics, political economy and regional studies on the Middle East and the Balkans.

This is a superb long durée perspective on the political economy of contemporary Turkey over the last two decades, one we ignore at our own peril.

• IntroductionPart I Global shift and the world economy1. An emerging market economy2. The Turkish economy in the twentieth centuryPart II The AKP 1: populist neoliberalism3. Deep financial and economic crisis: Turkey prepares the ground for the AKP4. The “golden age”: stable growth, fiscal discipline and “heaven” for foreign direct investment5. Crisis at the global centrePart III The AKP 2: authoritarian neoliberalism6. The global financial crisis and Turkey’s response7. Turkish foreign policy: the Arab Spring and the Syrian catastrophe8. The Taksim Gezi protests and the authoritarian turn9. The 2016 failed coup and crackdownPart IV The crisis of global hegemony10. The US–Turkey stand-off, trade wars and new partners11. Turkey and uncertain predictions for the world economy12. The Covid-19 pandemic13. Towards a conclusion: some key trends