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The increasing interest of big business in democracy in Turkey is explained by a mix of domestic & global influences. Democracy is highly valued by big business because its absence effectively isolates Turkey from global norms & from benefits of full membership in the EU. Domestically, democracy is conceived instrumentally as a necessary mechanism to limit arbitrary state intervention & contain redistributive pressures from below & threats from other segments of the business community. Though an improvement over current arrangements, this understanding of democracy does not extend social rights or challenge existing power relations. It seeks instead to create a more stable & predictable environment in which an externally competitive market economy can flourish. Adapted from the source document.

Digitised version produced by the EUI Library and made available online in 2020. ; Product of workshop No. 1 at the 2nd MRM 2001