Turkey’s Economic Power Potential: Turkiye Wealth Fund Practice As an ‘Economic Diplomacy’ Instrument

Emre SAYGIN Tahsin YAMAK

Fiscaoeconomia, 2019, issue 1

Abstract: The production and trade-oriented nature of the international economic system is evolving into a complex structure that is increasingly concentrated in global financial relations, socio-cultural interactions are accelerating, and powerstruggle arguments are diversified. For this reason today's modern states are also aiming to strengthen their economic security architects and expand their potential areas of influence. Considering the strong political will and the size of the transferred financial assets that behind him, shed light on the Republic of Turkey's regional and global vision. In the justification of the establishment law, it is mentioned that it is a “foreign policy instrument”; however, there is a risk that the expected aim may not be fully realized due to handicaps such as very slow progression of organizational formation, limited scope of legal duty and not identifying vehicle and relationship forms. In this context, Turkiye Wealth Fund not be seen as a mere tool of economic policy, in practice it is more comprehensive and accurate assessment would focus on the result-driven strategy.

Keywords: Turkey; Turkiye Wealth Fund; Economic Power; Economic Diplomacy (search for similar items in EconPapers)
JEL-codes: F63 G30 O52 (search for similar items in EconPapers)
Date: 2019
References: Add references at CitEc
Citations:

Downloads: (external link)
http://dergipark.gov.tr/download/article-file/633620

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:fis:journl:190103

Access Statistics for this article

More articles in Fiscaoeconomia from Tubitak Ulakbim JournalPark (Dergipark)
Bibliographic data for series maintained by Emre Atsan ().