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Case study paper relating financialisation of the built environment to changing urban politics, social geographies, material flows and environmental improvement/degradation in Ankara

Author

Listed:
  • Aylin Topal

    (Middle East Technical University)

  • Ozlem Celik

    (Middle East Technical University)

  • Galip Yalman

    (Middle East Technical University)

Abstract

This paper examines transformation of urban development in its repercussions in urban politics in Ankara since the 1920s with particular emphasis on the post-1980 period. It focuses on management mentality and finance mechanisms of housing policy in the city. This case study paper on Ankara shows that integration of urban land and housing with financial markets has been one of the central tendencies of neoliberal political economy particularly in the 2000s. The paper also notes that the case study epitomizes changing role of the state in creating urban rent and enabling and fortifying the link between the construction and banking sectors.

Suggested Citation

  • Aylin Topal & Ozlem Celik & Galip Yalman, 2015. "Case study paper relating financialisation of the built environment to changing urban politics, social geographies, material flows and environmental improvement/degradation in Ankara," Working papers wpaper116, Financialisation, Economy, Society & Sustainable Development (FESSUD) Project.
    • Handle: RePEc:fes:wpaper:wpaper116
    as

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    References listed on IDEAS

    as
    1. Tahire Erman, 2001. "The Politics of Squatter (Gecekondu) Studies in Turkey: The Changing Representations of Rural Migrants in the Academic Discourse," Urban Studies, Urban Studies Journal Limited, vol. 38(7), pages 983-1002, June.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Ankara; housing; city planning; financialization; built environment; TOKI; Justice and Development Party.;
    All these keywords.

    JEL classification:

    • E44 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Financial Markets and the Macroeconomy
    • R31 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location - - - Housing Supply and Markets
    • R21 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Household Analysis - - - Housing Demand
    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages

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