Handbook of the International Political Economy of Energy and Natural Resources
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Handbook of the International Political Economy of Energy and Natural Resources

Edited by Andreas Goldthau, Michael F. Keating and Caroline Kuzemko

This Handbook offers a comprehensive overview of the latest research from leading scholars on the international political economy of energy and resources. Highlighting the important conceptual and empirical themes, the chapters study all levels of governance, from global to local, and explore the wide range of issues emerging in a changing political and economic environment.
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Chapter 19: Emerging economies and energy: the case of Turkey

Slawomir Raszewski

Abstract

The phenomenon of emerging economies has received substantial attention in the study of International Political Economy (IPE). This chapter aims at examining Turkey’s national energy policy from the emerging economies’ perspective focusing on the risk factor. The risk factor is key in conceptualising an emerging economy and encapsulates a number of facets including socio-economic, regulatory and political. In doing so, in the chapter a blend of levels of analysis is applied to capture domestic, international and geographical dimensions that underpin the risk factor in the case of Turkey’s energy policy. Drawing on the case study material analysis the chapter presents main stumbling blocks of a risk-focused IPE of emerging markets consisting of conflicting policy choices between the domestic and international levels. Finally, drawing on the case study of Turkey, the geographical factor of emerging economies is evaluated in reference to energy trade.

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