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Ümit Akçay

Biographic Data

ID4075273
NAMEÜmit Akçay
GIVEN NAMESÜmit
FAMILY NAMEAkçay
SIGNATUREAKÇAY Ü
AFFILIATIONSBerlin School of Economics and Law
ORCID0000-0003-0514-4831
VERIFIEDYes
TOTAL WORKS5
TOTAL CITATIONS86
WORKS AS AUTHOR5
WORKS AS EDITOR0
FIRST PUBLICATION YEAR2021
LATEST PUBLICATION YEAR2026
H-INDEX3
  • Political Economy of Turkey’s Monetary Policy Experiment (2018–2023)

    Open Access•Ümit Akçay•ARTICLE•Journal of Balkan and Near…•2026

    This article analyses Turkey’s monetary policy experiment between 2018 and 2023. While central banks globally tightened monetary policy in response to rising inflation, Turkey pursued sustained interest rate cuts, expanded state-directed credit and relied on discretionary intervention in foreign exchange and financial markets. Conventional explanations centred on leadership preferences, institutional erosion or electoral opportunism cannot fully …

  • Revisiting the Rise and Decline of Authoritarian Neoliberalism

    Ümit Akçay•ARTICLE•Journal of Balkan and Near…•2024

    This paper offers a fresh and nuanced perspective by re-examining the concept of authoritarian neoliberalism in the context of the first decade of the AKP’s rule in Turkey. The study addresses two main research questions: Firstly, it explores the factors that transformed the 2000s, often seen as a period of democratization, into an era of authoritarianism. Secondly, it investigates how the AKP effectively established an authoritarian neoliberal s…

  • Authoritarian neoliberalism, crisis, and consolidation

    Görkem Altınörs, Ümit Akçay•ARTICLE•Globalizations•2022•Cited by: 15•References: 37

    The aim of this article is to analyze Turkey's recent authoritarian transformation from a critical political economy perspective and to examine the main determinants of, what we call, the ‘authoritarian consolidation attempt' of the Justice and Development Party (AKP). For that purpose, first, we sought answers to the following question: why did the AKP engage in a more authoritarian political agenda in the 2010s? We critically review the literat…

  • Financialisation and Macroeconomic Regimes in Emerging Capitalist Countries Before and After the Great Recession

    Ümit Akçay, Eckhard Hein et al.•ARTICLE•International Journal of…•2022•Cited by: 10•References: 13

    In recent years, diverging demand and growth regimes received greater scholarly attention. Particularly, the intersection between variants of Comparative Political Economy and the post-Keynesian macroeconomic analysis provides a promising avenue for understanding the main dynamics of various growth regimes. Yet, the majority of these studies focused on the global North. We expand this analysis to the global South by examining eight large emerging…

  • Authoritarian consolidation dynamics in Turkey

    Ümit Akçay•ARTICLE•Contemporary Politics•2021•Cited by: 61•References: 84

    This paper aims to explain the key dynamics underlying the Justice and Development Party's (AKP) recent authoritarian consolidation efforts in Turkey from a critical political economy perspective consisting of the Regulation School's framework and Nicos Poulantzas's state theory. The depoliticised mode of regulating money, labour, and macroeconomic management worked in parallel with introducing dependent financialisation as the predominant capita…

  • Authoritarian consolidation dynamics in Turkey

    Ümit Akçay•ARTICLE•Contemporary Politics•2021•Cited by: 61•References: 84

    This paper aims to explain the key dynamics underlying the Justice and Development Party's (AKP) recent authoritarian consolidation efforts in Turkey from a critical political economy perspective consisting of the Regulation School's framework and Nicos Poulantzas's state theory. The depoliticised mode of regulating money, labour, and macroeconomic management worked in parallel with introducing dependent financialisation as the predominant capita…

  • Authoritarian neoliberalism, crisis, and consolidation

    Görkem Altınörs, Ümit Akçay•ARTICLE•Globalizations•2022•Cited by: 15•References: 37

    The aim of this article is to analyze Turkey's recent authoritarian transformation from a critical political economy perspective and to examine the main determinants of, what we call, the ‘authoritarian consolidation attempt' of the Justice and Development Party (AKP). For that purpose, first, we sought answers to the following question: why did the AKP engage in a more authoritarian political agenda in the 2010s? We critically review the literat…

  • Financialisation and Macroeconomic Regimes in Emerging Capitalist Countries Before and After the Great Recession

    Ümit Akçay, Eckhard Hein et al.•ARTICLE•International Journal of…•2022•Cited by: 10•References: 13

    In recent years, diverging demand and growth regimes received greater scholarly attention. Particularly, the intersection between variants of Comparative Political Economy and the post-Keynesian macroeconomic analysis provides a promising avenue for understanding the main dynamics of various growth regimes. Yet, the majority of these studies focused on the global North. We expand this analysis to the global South by examining eight large emerging…

  • Authoritarian consolidation dynamics in Turkey

    Ümit Akçay•ARTICLE•Contemporary Politics•2021•Cited by: 61•References: 84

    This paper aims to explain the key dynamics underlying the Justice and Development Party's (AKP) recent authoritarian consolidation efforts in Turkey from a critical political economy perspective consisting of the Regulation School's framework and Nicos Poulantzas's state theory. The depoliticised mode of regulating money, labour, and macroeconomic management worked in parallel with introducing dependent financialisation as the predominant capita…

  • Authoritarian neoliberalism, crisis, and consolidation

    Görkem Altınörs, Ümit Akçay•ARTICLE•Globalizations•2022•Cited by: 15•References: 37

    The aim of this article is to analyze Turkey's recent authoritarian transformation from a critical political economy perspective and to examine the main determinants of, what we call, the ‘authoritarian consolidation attempt' of the Justice and Development Party (AKP). For that purpose, first, we sought answers to the following question: why did the AKP engage in a more authoritarian political agenda in the 2010s? We critically review the literat…

  • Financialisation and Macroeconomic Regimes in Emerging Capitalist Countries Before and After the Great Recession

    Ümit Akçay, Eckhard Hein et al.•ARTICLE•International Journal of…•2022•Cited by: 10•References: 13

    In recent years, diverging demand and growth regimes received greater scholarly attention. Particularly, the intersection between variants of Comparative Political Economy and the post-Keynesian macroeconomic analysis provides a promising avenue for understanding the main dynamics of various growth regimes. Yet, the majority of these studies focused on the global North. We expand this analysis to the global South by examining eight large emerging…

  • Revisiting the Rise and Decline of Authoritarian Neoliberalism

    Ümit Akçay•ARTICLE•Journal of Balkan and Near…•2024

    This paper offers a fresh and nuanced perspective by re-examining the concept of authoritarian neoliberalism in the context of the first decade of the AKP’s rule in Turkey. The study addresses two main research questions: Firstly, it explores the factors that transformed the 2000s, often seen as a period of democratization, into an era of authoritarianism. Secondly, it investigates how the AKP effectively established an authoritarian neoliberal s…

  • Political Economy of Turkey’s Monetary Policy Experiment (2018–2023)

    Open Access•Ümit Akçay•ARTICLE•Journal of Balkan and Near…•2026

    This article analyses Turkey’s monetary policy experiment between 2018 and 2023. While central banks globally tightened monetary policy in response to rising inflation, Turkey pursued sustained interest rate cuts, expanded state-directed credit and relied on discretionary intervention in foreign exchange and financial markets. Conventional explanations centred on leadership preferences, institutional erosion or electoral opportunism cannot fully …

Economics (4 works) · Political science (4 works) · Politics (4 works) · Authoritarianism (3 works) · Democracy (3 works) · Law (3 works) · Political economy (3 works) · Turkey's Politics and Society (3 works) · Consolidation (business (2 works) · Democratic consolidation (2 works)

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