Taner Akan Libros

The book explores the interconnectedness of governance and institutional frameworks in determining economic growth and development, challenging the notion that success or failure stems solely from market-led or state-led models. By examining case studies from the United States, South Korea, and Turkey, it presents a framework that highlights the complex dynamics of economic, financial, industrial, and political factors. The author argues for a deeper understanding of how these models function and evolve, revealing insights applicable across various stages of development.

The enduring debate on institutional pillars of contemporary political economies has gathered a noticeable momentum in terms of the change, path-dependence, and varieties of capitalism. By taking a methodological standpoint claiming that ¿the current structure and the future of contemporary societies can only be understood by using an evolutionary and macro institutional approach that would explain the trajectories of social structures from a systemic perspective¿, this book first aims at formulating a novel analytical framework thus, Institutional System Analysis in Political Economy. This framework comprises, inter alia, a model of path-dependent changes, and then attempts to apply it to the case of the Ottoman-Turkish social system. In sum, the book develops an ¿interaction-theoretic and evolutionarily-structured approach¿ with an aim to better capture the path-dependence and change of political, economic, and cultural action in terms of their intersectional dynamics.