2018
DOI: 10.1080/13563467.2017.1421624
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Crisis of Capitalism and (De-)Politicisation of Monetary Policymaking: Reflections from Hungary and Turkey

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Cited by 22 publications
(17 citation statements)
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“…The 1990s, marked by multiple political, financial and legitimacy crises of the state and social relations, did not close with yet another military intervention but a comprehensive shift to a depoliticized governing strategy in the aftermath of the 2000–2001 financial crisis. In an attempt to address the previous decades’ crisis dynamics in high inflation, wage and rights-based struggles, the AKP government adopted a neoliberal capitalist restructuring agenda through arm’s length control over key economic and social processes (Dönmez and Zemandl, 2018), a populist distributive politics through social assistance programs, and adoption of the EU pro-democracy agenda (Bozkurt, 2013; Gunes, 2017: 16–17). As an unintended consequence of these policies, and similar to the historical episodes highlighted in the previous section, the space for articulations of counter-hegemonic and progressive politics has also widened temporarily.…”
Section: Against Austerity and Repression Under Akp13mentioning
confidence: 99%
See 1 more Smart Citation
“…The 1990s, marked by multiple political, financial and legitimacy crises of the state and social relations, did not close with yet another military intervention but a comprehensive shift to a depoliticized governing strategy in the aftermath of the 2000–2001 financial crisis. In an attempt to address the previous decades’ crisis dynamics in high inflation, wage and rights-based struggles, the AKP government adopted a neoliberal capitalist restructuring agenda through arm’s length control over key economic and social processes (Dönmez and Zemandl, 2018), a populist distributive politics through social assistance programs, and adoption of the EU pro-democracy agenda (Bozkurt, 2013; Gunes, 2017: 16–17). As an unintended consequence of these policies, and similar to the historical episodes highlighted in the previous section, the space for articulations of counter-hegemonic and progressive politics has also widened temporarily.…”
Section: Against Austerity and Repression Under Akp13mentioning
confidence: 99%
“…In other contexts (e.g. Turkey, Hungary, Ukraine, Bulgaria), it gradually evolves into repressive forms depending on the specific configuration of domestic class forces, dynamics of capital accumulation, and positioning within the hierarchy of global capitalism (Dönmez and Zemandl, 2018; Ishchenko, 2014; Tsoneva, 2017). Therefore, the domestic prospects of progressive politics and fostering solidarity beyond the national vary considerably.…”
Section: Introductionmentioning
confidence: 99%
“…The post-2002 expansion of Turkey's foreign trade and its integration with the regional economy in the MENA are part of a longer-term and somewhat deep-rooted restructuring of the Turkish economy along neo-liberal lines that dates back to the 1980s (see: Donmez and Zemandl 2019;Öniş and Senses 2009). Europe remains the most important single regional market for Turkey (both in terms of imports and exports) and the Turkey-EU Customs Union Agreement (in force since 1995) reflects this fact.…”
Section: Turkey's Bilateral Trade With Mena Statesmentioning
confidence: 99%
“…Pinning down (re)politicisation within the existing literature is a difficult task due to a plethora of associated normative assumptions (Dönmez and Zemandl, 2018: 3). A common theme is that politicisation can insulate or embed the status quo (Fawcett et al, 2017a: 290).…”
Section: Conceptualising Resistance To Depoliticised Governingmentioning
confidence: 99%