Middlebury

 

Presentation Title: Islamist Party, Inc. -- Economic Inclusivity, Political Stability, and Growth in Turkey

Section: Market Effects I

Location: , 338

Date & Time: Friday, April 19, 2013 - 10:15am - 10:30am

Abstract:

In the eyes of the West, Islamism presents a threat to global security and macroeconomic stability. Yet on November 3rd, 2002, Turkey became the first democratic Muslim nation to be governed by an Islamist party, and surprisingly, the international community welcomed the electoral outcome. Following the electoral victory of the Freedom and Justice Party (Turkish: Adalet ve Kalkınma Partisi, AKP), foreign capital began pouring into the country and Turkey’s average real GDP growth reached an unprecedented 7.2% between 2002 and 2007. What are the causes of economic growth in Turkey under the AKP? This thesis argues that two decades of building inclusive economic institutions (1980-2000) moderated Islamist parties and stimulated economic growth. Can Egypt’s and Tunisia’s Islamist parties replicate Turkey’s experience and prevent their economies from falling into a downward spiral? If they are unable to boost their economies, we may be expecting another Arab Awakening in the near future.

Type of Presentation: Individual oral

Oral presenters
Presentation Area: International Politics & Economics

Presentation Topic: Policy/Politics

Arts presenters
Format: 

Class Project
Course name: 
Course Instructor: 
Number of presenters: 

Presenter Information
Presenter(s): Chen, Richard Po-Lin
Major(s): IPE (Middle East)
Class Year(s): 2013

Sponsor(s): Williams, Mark E., Hakobyan, Shushanik
Dept(s): IPE

Moderator: ,