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This comprehensive study of the historical and contemporary changes in banking, finance and development in Turkey, an exemplary case of structural adjustment, offers timely analysis of the impact of the global financial crisis on Turkey together with a critical account of how neoliberal financial transformation has been consolidated in Turkey.

Turkey s neoliberal economy has evolved into one of the most dynamic among the rising powers since its 2001 financial crisis. Changes in the banking and financial sector have been vital both to Turkey s overall economic growth and to...

The global economic crisis has exposed the limits of neoliberalism and dramatically deepened social polarization. Yet, despite increasing social resistance and opposition, neoliberalism prevails globally.
Radical alternatives, moreover, are only rarely debated. And if they are, such alternatives are reduced to new Keynesian and new developmental agendas, which fail to address existing class divisions and imperialist relations of domination.
This collection of essays polarizes the debate between radical and reformist alternatives by exploring head-on the antagonistic structure of...