Dear TEKPOL Partners,

We are be proceeding with TEKPOL Pizza Seminars in Spring Semester 2024, with valuable on-line and in-person guests throughout the year.

Our next guests this semester will be Mustafa Kutlay (City, University of London) and Mina Toksöz (International Economist). Their presentation title will be; Industrial Policy in Turkey: Rise, Retreat, and Return.

The seminar will be held on 03 May (Friday) 2024, at 12:30 pm Ankara time (GMT +3) through Microsoft Teams. Meeting link will be shared with the registered participants before the session.

The moderation of the seminar will be conducted by Prof. Semih Akcomak from METU TEKPOL.

Registration is mandatory and the form can be reached through this link:

https://forms.gle/zRwQS3gAf1r61Kzu6

It is possible to register until Thursday evening before the seminar (2 May 2024)

Hope to see you there.

TEKPOL Team

About Mustafa Kutlay:

Mustafa Kutlay is a senior lecturer (associate professor) in the Department of International Politics at City, University of London. His current research focuses on developing countries (with particular reference to the political economy of Turkey) and the comparative political economy of institutions, democracy, and development in the global South. His articles appeared in International Affairs, Journal of Democracy, Globalizations, Government & Opposition, Third World Quarterly and The British Journal of Politics and International Relations, among others.

About Mina Toksöz:

Mina Toksoz is an International Economist having worked at the Economist Intelligence Unit variously as Editorial Director of the Middle East, Europe, and the Country Risk Service. She was Senior Equity Strategist EMEA at AbnAmro, Head of Country Risk at Standard Bank, and Senior Manager of Sovereign Risk at Lloyds' Bank. Other associations included Associate Fellow at Chatham House and is currently an Honorary Lecturer at the University of Manchester Business School, and council member of the British Association for Turkish Area Studies. She has written widely on Turkey, the Middle East, and Emerging Markets, and her book, The Economist Guide to Country Risk, was published by Profile Books in 2014.

About the Seminar:

This talk, based on the authors' new book, Industrial Policy in Turkey, will develop three arguments. First, industrial policy is not a choice but a necessity for late developers to achieve structural transformation and catch up with advanced economies. Second, designing and implementing effective industrial policy is difficult, with 'state capacity' and the institutional 'embeddedness' with economic stakeholders being critical determinants. Poor institutional design and policy execution are likely to exacerbate macroeconomic imbalances, which, in turn, further undermine the very reason for industrial policy. Third, the success of industrial policies in Turkey is also shaped by the global context. The different combinations of these factors have, at various times, supported or hindered the effectiveness of industrial policies in Turkey over the last century. This talk will suggest that going beyond a dichotomic understanding is critical for effective industrial policy in the 21st century to achieve the green transition, improve the hi-tech capacity of the Turkish economy, and better integrate with the global supply chains, as all these areas need to be combined judiciously.