Türkiye’s Economic Diplomacy: Enhancing the Impact and Coherence of Türkiye’s External Actions as an Emerging Strategy

Abstract

This article refers to the economic diplomacy of Türkiye and illustrates some changes during the history of the country’s political and economic diplomacy. The background of the economic diplomacy process has been clarified and detailed information has been included. Bipolar and unipolar periods are analysed within the framework of economic and political diplomacies in their natural state. The development process of the Turkish economic diplomacy strategy is identifi ed during particular periods in Turkish history. The structural transformation of Türkiye as regards its inward-oriented to outward-oriented economic policies has been evaluated. The mechanisms of Türkiye’s multi-directional foreign policy, bilateral trade, and diplomatic relations between Türkiye, the EU and other countries are examined. The role of dependence and interdependence in economics are given in the context of economic globalisation. For this research, the historical methodology has been used. It is suggested that collaborative problem solving with all the institutions involved in economic and political decisions could lead to better outcomes for the country in the international arena.