Turkey: Challenges and strategies toward de-carbonization and sustainable development under the age of finance

Erinc Yeldan

Japanese Economy, 2023, vol. 49, issue 2-3, 183-211

Abstract: The aim of this paper is to present the key challenges and structural constraints as well as potential strategies toward de-carbonization and the green transformation in Turkey, and to argue that the current mode of global finance in many ways conspires to constrain Turkey’s quest for a sustainable and green industrial policy. I consider Turkey’s conundrum against the backdrop of its speculation-led growth patterns and ongoing fossil fuel-based production cycle and highlight the tradeoffs and dilemmas of the pursuit for green abatement policies, given the logic of financialization.

Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:mes:jpneco:v:49:y:2023:i:2-3:p:183-211

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DOI: 10.1080/2329194X.2023.2259948

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