Akademik Veri Yönetim Sistemi
EISA 11th European Workshops in International Studies, İstanbul, Türkiye, 5 - 07 Temmuz 2024
This study examines the nexus of green transition, protectionism, and neoliberal globalisation, centring on the consequences of the USA’s Inflation Reduction Act (IRA). The IRA, crafted to rectify US reliance on Chinese production, signifies a shift towards a green economy, challenging the precedent of outsourcing to the Global South and indicating a transition from market-driven policies to heightened state intervention. While positioning the US as a climate change leader, concerns arise regarding the IRA’s impact on the liberal international order, fostering nationalism. Beyond US-China tensions, the study probes the IRA’s repercussions for the Global South. The study challenges the perception that the IRA marks a departure from neoliberalism, contending that it remains entrenched within the neoliberal paradigm. This perspective aligns with a critical global political economy lens, unveiling the state’s proactive role in safeguarding the accumulation regime, perpetuating global income and wealth inequalities despite deviations from neoliberal tenets. Thus, the study posits that the IRA does not herald post-neoliberalism but operates within the same paradigm. To explicate these dynamics, the research scrutinises Turkey’s green transition, focusing on business associations like TUSIAD and MUSIAD. Divergences in their perspectives, rooted in intricate global economic entanglements rather than domestic cleavages like Islamism-secularism, are underscored. TUSIAD, representing transnational capitalists, aligns with orthodox neoliberalism, while MUSIAD, composed of small and medium-sized enterprises, gravitates towards state-centred developmentalism. This structural divergence underpins their varied stances on the state’s role in the green transition, aligning with the study’s overarching objectives.