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The Political Economic Sources of Policy Non-design, Policy Accumulation, and Decay in Policy Capacity

The Political Economic Sources of Policy Non-design, Policy Accumulation, and Decay in Policy... This article problematizes the political economic drivers of policy (non-)design, instrument choice, and how prolonged non-design could trigger policy accumulation with serious implications for policy capacity. Focusing on the currency crisis-induced economic crisis in Turkey and relying on elite interviews and secondary resources, it argues that the design space, which is defined by the interactions between the credit-led growth model and the growth regime that prioritizes loose monetary and bank regulatory policies for higher economic growth rates, led to haphazard crisis response. Prolonged non-design in response to the crisis triggered policy accumulation and decay in systemic and organizational policy capacity. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Administration & Society SAGE

The Political Economic Sources of Policy Non-design, Policy Accumulation, and Decay in Policy Capacity

Administration & Society , Volume 55 (6): 31 – Jul 1, 2023

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References (100)

Publisher
SAGE
Copyright
© The Author(s) 2023
ISSN
0095-3997
eISSN
1552-3039
DOI
10.1177/00953997231162522
Publisher site
See Article on Publisher Site

Abstract

This article problematizes the political economic drivers of policy (non-)design, instrument choice, and how prolonged non-design could trigger policy accumulation with serious implications for policy capacity. Focusing on the currency crisis-induced economic crisis in Turkey and relying on elite interviews and secondary resources, it argues that the design space, which is defined by the interactions between the credit-led growth model and the growth regime that prioritizes loose monetary and bank regulatory policies for higher economic growth rates, led to haphazard crisis response. Prolonged non-design in response to the crisis triggered policy accumulation and decay in systemic and organizational policy capacity.

Journal

Administration & SocietySAGE

Published: Jul 1, 2023

Keywords: policy non-design; policy capacity; policy accumulation; political economy of policymaking; crisis management

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