Part I Global shift and the world economy -- An emerging market economy -- The Turkish economy in the twentieth century -- Part II The AKP 1: populist neoliberalism -- Deep financial and economic crisis: Turkey prepares the ground for the AKP -- The "golden age": stable growth, fiscal discipline and "heaven" for foreign direct investment -- Crisis at the global centre -- Part III The AKP 2: authoritarian neoliberalism -- The global financial crisis and Turkey's response -- Turkish foreign policy: the Arab Spring and the Syrian catastrophe -- The Taksim Gezi protests and the authoritarian turn -- The 2016 failed coup and crackdown -- Part IV The crisis of global hegemony -- The US-Turkey stand-off, trade wars and new partners -- Turkey and uncertain predictions for the world economy -- The Covid-19 pandemic -- Towards a conclusion: some key trends.