Politics of Debt and Financial Inclusion in Turkey
with Ali Riza Gungen
Thursday, 11 November 2021
2:00 PM EDT
Presented by George Mason University's Middle East and Islamic Studies Program and the Arab Studies Institute
Ali Riza Gungen will discuss financial inclusion in Turkey and the political ramifications of household indebtedness. His book locates financial inclusion within a shift in the developmental outlook in the 21st century and documents the Turkish economy's slow drift into crisis in the late 2010s, analyzing how new credit campaigns helped Justice and Development Party governments navigate across the troubled waters of the Turkish economy.
Ali Rıza Güngen is a political scientist working as a visiting assistant professor at York University. His research focuses on dependent financialization, state transformations and public banks in the Global South. His articles appeared in The Journal of Peasant Studies and New Political Economy, and he published extensively on the political economy of the emerging economies. Dr Güngen co-edited the 2019 book The Political Economy of Financial Transformation in Turkey, published by Routledge, and is the co-author of Financialization, Debt Crisis and Collapse: The Future of Global Capitalism (in Turkish). His new book Politics of Debt: Financial Inclusion in Turkey was published in 2021 (in Turkish).
Dr Güngen has served as a member of the executive board of the Turkish Social Sciences Association. In addition, he sits at the editorial board of social sciences journal Praksis and is currently Middle East Studies Association Global Academy Fellow. His recent research inquires the limits and possibilities of the uses of public banks for an equity-oriented post-pandemic recovery in the global South.