The economic policies of reactive states such as Turkey and Greece, both of which have shown limited ability to implement institutional reforms in recent years, have paved the way for deep crises. The crises are devastating for both societies’ social fabric, but they also open up the opportunity to introduce new economic regimes. They do, however, not always invite changes in dominant paradigms. Despite weak state capacity and deep economic crisis in both cases, substantial reforms were initiated in Turkey whilst an opposite trend prevailed in Greece. Drawing on field research, this book develops a political economy framework that explains reform cycles and post-crisis outcomes in reactive states.

This book offers a sober, contemplative and comprehensive coverage of Greek–Turkish relations, covering in depth the current political climate, with due regard to the historical dimension. The book includes up-to-date accounts of the traditional areas of unresolved discord (Aegean, minorities, Cyprus, the Patriarchate), with emphasis on why they remain contentious, despite the thaw in Greek–Turkish relations from 1999 until recently. It also covers new topics and challenges that have led to cooperation as well as friction, such as unprecedented economic cooperation, energy resources, or the refugee crisis. Furthermore, the volume deals with the ‘Europeanization’ of Greek–Turkish relations and other facilitating factors as they appeared in the first decade of the 21st century (including the role of civil society) as well as the contrary, ‘de-Europeanization’ from the 2010 onwards, which presages a hazardous downward trend in their relations, often not helped by the media in both countries, which is also examined. This volume will be essential reading to scholars and students of Greek–Turkish relations, more generally Greece and Turkey, and more broadly to the study of South European Politics, European Union politics, security studies and International Relations.

This book discusses and analyses the dimensions of Turkey’s strategic rapprochement with the Eurasian states and institutions since the deterioration of Ankara’s relations with its traditional NATO allies. Do these developments signify a major strategic reorientation in Turkish foreign policy? Is Eurasia becoming an alternative geopolitical concept to Europe or the West? Or is this ‘pivot to Eurasia’ an instrument of the current Turkish government to obtain greater diplomatic leverage? Engaging with these key questions, the contributors explore the geographical, political, economic, military and social dynamics that influence this process, while addressing the questions that arise from the difficulties in reconciling Ankara’s strategic priorities with those of other Eurasian countries like Russia, China, Iran and India. Chapters focus on the different aspects of Turkey’s improving bilateral relations with the Eurasian states and institutions and consider the possibility of developing a convincing Eurasian alternative for Turkish foreign policy. The book will be useful for researchers in the fields of politics and IR more broadly, and particularly relevant for scholars and students researching Turkish foreign policy and the geopolitics of Eurasia.

Ensuring equity in healthcare is the main concern of health policymakers in order to provide a sustainable health system. This concern is more prominent in developing countries due to the scarcity of resources. This book provides a comprehensive analysis and discussion on the distributive pattern of out-of-pocket pharmaceutical expenditures under the health reforms in Turkey and makes comparisons with pharmerging countries. Turkey’s health reforms began in 2003 to address shortcomings related to financial protection and to improve health outcomes and the quality of healthcare services. The primary motivation was to ensure equity in the distribution of health resources, and this transformation process led to profound changes in how these resources were used, and in health financing in general. However, there is a lack of knowledge regarding the long-term effect of health reforms on the distribution patterns of health expenditures and health service use. This book offers a thorough equity analysis of the health financing system, affected by this health transformation program. Index and curve approaches are used in the equity analysis of pharmaceutical expenditures. The book examines the long-term effects of health system regulations on the health spending characteristics of households and improves the current understanding of equity in this context. It includes extensive international comparisons of healthcare services across a range of developing countries and highlights the significance of ensuring equity for emerging economies. The author explores the existing evidence as well as future research directions and provides policy and planning advice for health policymakers to contribute to establishing a more equal health system design. Additionally, the book will be of interest to scholars and professionals in the fields of health economics, public health management and health financing.

Greece's New Political Economy traces the course of Greece from a postwar developmental state to its current participation in the Euro-zone. Taking an innovative comparative approach, George Pagoulatos examines the political economy of financial interventionism and liberalization, banking politics, relations between the government and central bank, the winners and losers of financial reform, the effects of globalization and EMU and the implications of the new economic role of the state. This book will be an indispensable reference work for anyone seeking to understand the Greek political economy in the light of major contemporary debates.

This book makes an original contribution to our knowledge of the world’s major defence industries. Experts from a wide range of different countries – from the major economies of North America and Western Europe to developing economies and some unique cases such as China, India, Singapore, South Africa and North Korea – describe and analyse the structure, conduct and performance of the defence industry in that country. Each chapter opens with statistics on a key nation’s defence spending, its spending on defence R&D and on procurement over the period 1980 to 2017, allowing for an analysis of industry changes following the end of the Cold War. After the facts of each industry, the authors describe and analyse the structure, conduct and performance of the industry. The analysis of ‘structure’ includes discussions of entry conditions, domestic monopoly/oligopoly structures and opportunities for competition. The section on ‘conduct’ analyses price/non-price competition, including private and state funded R&D, and ‘performance’ incorporates profitability, imports and exports together with spin-offs and technical progress. The conclusion explores the future prospects for each nation’s defence industry. Do defence industries have a future? What might the future defence firm and industry look like in 50 years’ time? This volume is a vital resource and reference for anyone interested in defence economics, industrial economics, international relations, strategic studies and public procurement.

This book not only analyzes and evaluates the current state of economic growth and development in Greece, but also investigates the potential for growth and development in the mid- to long-term horizon. This book presents a unique theoretical framework drawing on structural elements of political economy such as institutions, cultural background, and the complex nature of politics and political power, as well as neoclassical economics and behavioral economics. The first part of the book introduces readers to some key concepts of normative analysis from a theoretical and methodological perspective, presents the relation between theory and policy, placing the Greek economy within the framework of the Eurozone, and provides the political economy of integrated growth and development in Greek economy. The second part of the book describes the current condition of Greece in the global economy and attempts to detect the major social, economic and political trends that will prevail in the Greek society, while pointing the challenges that the Greek economy will face across the coming decade by taking into account the Covid-19 crisis. The third part of the book provides an overview of growth and development theory as specifically applied to Greece, focusing on the endogenous forces driving the economy, and portrays how the 2008 financial crisis and the crisis of Covid-19 transformed the framework of Greek growth and development policy, to the ground of a new consolidated situation of low growth, low inflation and low employment in the case of Greek economy.

An examination of the link between the economic and political development of the Kurds in Turkey, and Turkey's Kurdish question.

The collapse of the Soviet Union and the Soviet bloc had a profound effect on Turkey economically and politically. On the one hand, the collapse further marginalized Turkey's position in Western Europe, as some of the newly liberated Central and Eastern European countries raced ahead of Turkey to join the European Union. On the other hand, the collapse presented Turkey with new opportunities and challenges stemming from geographic proximity and cultural/historical ties with countries that emerged from the Soviet bloc and from the former Soviet Union. In articles focusing on the 1990s and beyond, this book explores how the economic and political fortunes of Turkey have changed since the end of the Cold War. Two main sections of the book examine Turkey's relations with the European Union and with the former Soviet Union and Soviet bloc countries. Each section opens with a chapter providing an overview of Turkey's political relationship with the respective region, followed by chapters that examine facets of the politico-economic relationships. Located in a potentially volatile portion of the world, Turkey plays an important role in maintaining peace and prosperity in its region. The analysis in this volume allows an understanding of the critical factors that influence the political economy of Turkey, and therefore, its ability to contribute to world peace and stability.