Authoritarian neoliberalism and the instrumentalization of the banking sector in Turkey and Hungary

Data de publicació electrònica: 05-08-2025

Detalles Bibliográficos
Autores: Apaydin, Fulya, Piroska, Dora, Coban, Mehmet Kerem
Tipo de recurso: artículo
Estado:Versión publicada
Fecha de publicación:2025
País:España
Institución:Universitat Pompeu Fabra
Repositorio:Repositorio Digital de la UPF
OAI Identifier:oai:repositori.upf.edu:10230/71176
Acceso en línea:http://hdl.handle.net/10230/71176
http://dx.doi.org/10.1177/10245294251361208
Access Level:acceso abierto
Palabra clave:Authoritarian neoliberalism
Banking
Instrumentalization
Hungary
Turkey
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spelling Authoritarian neoliberalism and the instrumentalization of the banking sector in Turkey and HungaryApaydin, FulyaPiroska, DoraCoban, Mehmet KeremAuthoritarian neoliberalismBankingInstrumentalizationHungaryTurkeyData de publicació electrònica: 05-08-2025This paper studies the evolution of the domestic banking sector in Hungary and Turkey where Viktor Orban and Recep Tayyip Erdogan have intervened to politically control credit allocation. We argue that both leaders have instrumentalized the banking sector to serve their political needs rather than following a developmentalist agenda under authoritarian neoliberalism. This occurred through two distinct patterns following the 2008 Global Financial Crisis in an attempt to ensure their political survival: while Orban intervened in the banking sector to secure partisan access to consumption, Erdogan did so to ensure partisan business access to cheap credit. These policy preferences reveal additional components of an autocrat’s toolkit for political survival, which are strongly influenced by the constellation of dominant social bloc interests and the relative position of their national economies within the overall global financial hierarchy.The author(s) disclosed receipt of the following financial support for the research, authorship, and/or publication of this article: Austrian Science Fund; PAT1549723 - Stand Alone Project; Ministerio de Ciencia, Innovacion y Universidades (Spain); PGC2018-093719-A-I00, and Ministerio de Ciencia, Inovacion y Universidades (Spain); PID2023-150332NB-I00; PRIDEBT PID2023 - 150332NB - I00 financiado por MCIU/AEI/10.13039/501100011033/FEDER, UE.SAGE Publications202520252025info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersionapplication/pdfapplication/pdfhttp://hdl.handle.net/10230/71176http://dx.doi.org/10.1177/10245294251361208reponame:Repositorio Digital de la UPFinstname:Universitat Pompeu FabraInglésCompetition & Change. 2025 Aug 5info:eu-repo/grantAgreement/ES/2PE/PGC2018-093719-A-I00info:eu-repo/grantAgreement/ES/3PE/PID2023-150332NB-I00info:eu-repo/grantAgreement/ES/3PE/PID2023-150332NB-I00© The Author(s) 2025. This article is distributed under the terms of the Creative Commons Attribution 4.0 License (https://creativecommons.org/licenses/by/4.0/) which permits any use, reproduction and distribution of the work without further permission provided the original work is attributed as specified on the SAGE and Open Access page (https://us.sagepub.com/en-us/nam/open-access-at-sage).http://creativecommons.org/licenses/by/4.0/info:eu-repo/semantics/openAccessoai:repositori.upf.edu:10230/711762026-06-12T07:21:37Z
dc.title.none.fl_str_mv Authoritarian neoliberalism and the instrumentalization of the banking sector in Turkey and Hungary
title Authoritarian neoliberalism and the instrumentalization of the banking sector in Turkey and Hungary
spellingShingle Authoritarian neoliberalism and the instrumentalization of the banking sector in Turkey and Hungary
Apaydin, Fulya
Authoritarian neoliberalism
Banking
Instrumentalization
Hungary
Turkey
title_short Authoritarian neoliberalism and the instrumentalization of the banking sector in Turkey and Hungary
title_full Authoritarian neoliberalism and the instrumentalization of the banking sector in Turkey and Hungary
title_fullStr Authoritarian neoliberalism and the instrumentalization of the banking sector in Turkey and Hungary
title_full_unstemmed Authoritarian neoliberalism and the instrumentalization of the banking sector in Turkey and Hungary
title_sort Authoritarian neoliberalism and the instrumentalization of the banking sector in Turkey and Hungary
dc.creator.none.fl_str_mv Apaydin, Fulya
Piroska, Dora
Coban, Mehmet Kerem
author Apaydin, Fulya
author_facet Apaydin, Fulya
Piroska, Dora
Coban, Mehmet Kerem
author_role author
author2 Piroska, Dora
Coban, Mehmet Kerem
author2_role author
author
dc.subject.none.fl_str_mv Authoritarian neoliberalism
Banking
Instrumentalization
Hungary
Turkey
topic Authoritarian neoliberalism
Banking
Instrumentalization
Hungary
Turkey
description Data de publicació electrònica: 05-08-2025
publishDate 2025
dc.date.none.fl_str_mv 2025
2025
2025
dc.type.none.fl_str_mv info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
format article
status_str publishedVersion
dc.identifier.none.fl_str_mv http://hdl.handle.net/10230/71176
http://dx.doi.org/10.1177/10245294251361208
url http://hdl.handle.net/10230/71176
http://dx.doi.org/10.1177/10245294251361208
dc.language.none.fl_str_mv Inglés
language_invalid_str_mv Inglés
dc.relation.none.fl_str_mv Competition & Change. 2025 Aug 5
info:eu-repo/grantAgreement/ES/2PE/PGC2018-093719-A-I00
info:eu-repo/grantAgreement/ES/3PE/PID2023-150332NB-I00
info:eu-repo/grantAgreement/ES/3PE/PID2023-150332NB-I00
dc.rights.none.fl_str_mv http://creativecommons.org/licenses/by/4.0/
info:eu-repo/semantics/openAccess
rights_invalid_str_mv http://creativecommons.org/licenses/by/4.0/
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
application/pdf
dc.publisher.none.fl_str_mv SAGE Publications
publisher.none.fl_str_mv SAGE Publications
dc.source.none.fl_str_mv reponame:Repositorio Digital de la UPF
instname:Universitat Pompeu Fabra
instname_str Universitat Pompeu Fabra
reponame_str Repositorio Digital de la UPF
collection Repositorio Digital de la UPF
repository.name.fl_str_mv
repository.mail.fl_str_mv
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score 15,811543

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