SYNOPSIS

The growth model scholarship tends to ignore the role of bureaucracy in the politics of growth models and regimes. This paper presents a mechanism of how and why the fragilities of the credit-led growth can threaten political survival of an authoritarian regime by causing decay in bureaucratic autonomy. Focusing on the Turkish case in the post-Global Financial Crisis period and relying on elite interviews and written sources, we argue that loose monetary and regulatory policies under dependent financialisation and credit-led growth creates a backlash where the government seeks to increase executive control over the monetary and regulatory authorities. This leads to an erosion in bureaucratic autonomy with further implications on the relationship between the banking sector and the government.

ABOUT THE SPEAKER

Mehmet Kerem Çoban is an Assistant Professor in the Department of Political Science and Public Administration, Kadir Has University. He also is an Associate Member of LAGAPE, University of Lausanne (The Research Centre for the Analysis of Governance and Public Policy in Europe) and is collaborating on FLAS project of Fulya Apaydin of IBEI, Barcelona. 

VENUE AND TIME

• Zoom Webinar
• November 9, 2021
• 06:00 PM (Nur-Sultan time)

VIDEO FROM THE EVENT