Research

• “South-South Trade and Finance in the 21st Century: Rise of the South or a Second Great Divergence.” Anthem Press, 2016 (with O.S. Dahi). See here & can order here. 

• “Multipolarity and the New South–South Relations: Myth vs. Reality.” Review of Social Economy 83(1): 59–78, 2025 (with O. Dahi). URL: https://doi.org/10.1080/00346764.2025.2461074 

• “Multipolarity Symposium: Introduction.” Review of Social Economy 83(1): 54–58, 2025 (with O. Dahi). URL:  https://doi.org/10.1080/00346764.2025.2461077 

• “Political Participation and Missing Women: Evidence from the Egyptian Revolution.” Forthcoming in Journal of Comparative Economics, 2025 (with P. Ghosh and Z. Xu).

• “Drivers, Barriers and Strategies to Renewable Energy Development in Native American Communities: A Systematic Review.” Energy Research & Social Science 125: 104092, 2025 (with S. Connelly, C. Nsude, K. Tsetsura, D. Shi). URL:  https://doi.org/10.1016/j.erss.2025.104092 

• “Vaccine Production and Innovation: Insights from Tort Reform and Medicare Expansion.” Forthcoming in Economics of Innovation and New Technology, 1-18, 2025 (with M.J. Kim, A. Fatmaoui, Q. Ge, P. Ghosh, and J. Zhao). URL: https://doi.org/10.1080/10438599.2025.2511865 

• “Grassroots Organizations and Women’s Empowerment in a Post-Conflict Region: Evidence from Women Organizations in Northern Uganda.” Journal of Globalization and Development 15(1): 15–46, 2024 (with L. Davidson and J. Harris). URL: https://doi.org/10.1515/jgd-2022-0062

• “Target at the Right Level: Aid, Spillovers and Growth in Sub-Saharan Africa.” Applied Economics 56(28): 3293–3333, 2024 (with Y. Duan). URL: https://doi.org/10.1080/00036846.2023.2206111 

• “Impacts of the US CDC Recommendation on HPV Vaccine Uptake, 2010 – 2015.” Frontiers in Public Health, Section: Health Economics 12: 1464685, 2024 (with J.E. Campbell, A. Chaudhry, P. Ghosh, M.J. Kim, K. Smith, and J. Zhao). URL: https://doi.org/10.3389/fpubh.2024.1464685 

• “A Spatial Analysis of Local Corruption on Foreign Direct Investment: Evidence from Chinese Cities.” European Journal of Political Economy 79: 102443, 2023 (with Y. Chih, C. Hu, J. Liu and H. Shen). URL: https://doi.org/10.1016/j.ejpoleco.2023.102443 

• “Local Corruption, Total Factor Productivity and Firm Heterogeneity: Empirical Evidence from Chinese Manufacturing Firms.” World Development 151: 105770, 2022, (with C. Hu, J. Liu and H. Shen). URL: https://doi.org/10.1016/j.worlddev.2021.105770

• “Gendered Effects of Sanctions on Manufacturing Employment: Evidence from Iran.” Review of Development Economics 26(4): 2040–2069, 2022 (with S. Tabrizy). URL: http://doi.org/10.1111/rode.12917

• “IMF Conditionality, Export Structure and Economic Complexity: The Ineffectiveness of Structural Adjustment Programs.” Journal of Comparative Economics 50(3): 750–767, 2022. URL: https://doi.org/10.1016/j.jce.2022.04.003

• “Institutional Similarity, Firm Heterogeneity and Export Sophistication.” The World Economy 45(4): 1213-1241, 2022 (with C. Hu). URL: http://doi.org/10.1111/twec.13201

• “Reforming the countermeasures injury compensation program for COVID-19 and beyond: An economic perspective.” Journal of Law and the Biosciences 9(1): 2022 (with J. Zhao, M.J. Kim, P. Ghosh, and A. Earley). URL: https://doi.org/10.1093/jlb/lsac008

• “Foreign Direct Investment, Capital Accumulation, and Growth: The Rise of the Emerging South.” International Review of Economics and Finance 80: 779-794, 2022 (with S. Lee). URL: https://doi.org/10.1016/j.iref.2022.02.044 

• “The Real Exchange Rate and Development: Theory, Evidence, Issues, and Challenges.” Journal of Economic Surveys 26(2): 386-428, 2022 (with A. Razmi). URL: https://doi.org/10.1111/joes.12418 

• “Effects of Motherhood Timing, Breastmilk Substitutes and Education on the Duration of Breastfeeding: Evidence from Egypt.” World Development 133: 105014, 2020 (with P. Ghosh and Z. Liu). URL: https://doi.org/10.1016/j.worlddev.2020.105014 

• “Effects of Cultural Institutes on Bilateral Trade and FDI Flows: Cultural Diplomacy or Economic Altruism?” The World Economy 43(9): 2463-2489, 2020 (with H. Im). URL: https://doi.org/10.1111/twec.12906 

• “Destination Institutions, Firm Heterogeneity and Exporter Dynamics: Empirical Evidence from China.” Review of World Economics (Weltwirtschaftliches Archiv) 156: 183-217, 2020 (with C. Hu). URL: https://doi.org/10.1007/s10290-019-00358-x 

• “Exchange Rate Movements, Export Sophistication and Direction of Trade: The Development Channel and North-South Trade Flows.” Cambridge Journal of Economics 43(6): 1623-1652, 2019 (with M. Caglayan). URL: https://doi.org/10.1093/cje/bez005 

• “Bilateral FDI Flows, Productivity Growth and Convergence: The North vs. the South.” World Development 101: 235-249, 2018 (with Y. Duan). URL: https://doi.org/10.1016/j.worlddev.2017.08.006 

• “South-South vs. South-North Economic Exchanges: Does it Matter Who is Exchanging What and with Whom?” Journal of Economic Surveys 31(5): 1449-1486, 2017 (with O.S. Dahi). URL: https://doi.org/10.1111/joes.12225 

  • Reprinted in R. Veneziani and L. Zamparelli (Eds.), Analytical Political Economy (pp. 339-379). Wiley, 2018. URL: https://doi.org/10.1002/9781119483328 

• “Exchange Rate Adjustments and US Trade with China: What does a State Level Analysis Tell Us?” Global Economy Journal 17(2): 1-14, 2017 (with C. Wu). URL: https://doi.org/10.1515/gej-2016-0059 

• “Effects of FDI Flows on Institutional Development in the South: Does It Matter Where the Investors are from?” World Development 78: 341-359, 2016. URL: https://doi.org/10.1016/j.worlddev.2015.10.001 

• “Institutional Differences and Direction of Bilateral FDI Flows: Are South-South Flows any Different than the Rest?” The World Economy 39(12): 2000-2024, 2016 (with C. Hu). URL: https://doi.org/10.1111/twec.12356 

• “Total Factor Productivity, Foreign Direct Investment and Entry Barriers in Chinese Automobile Industry.” Emerging Markets Finance and Trade 52(2): 302-321, 2016 (with L. Su). URL: https://doi.org/10.1080/1540496X.2015.1011519 

• “Firm Productivity, Exchange Rate Movements, Sources of Finance and Export Orientation.” World Development 54: 204-219, 2014 (with M. Caglayan). URL: https://doi.org/10.1016/j.worlddev.2013.08.012 

• “Preferential Trade Agreements and Manufactured Goods Trade: Does It Matter Whom You PTA With?” Applied Economics 45(34): 4754-4772, 2013 (with O.S. Dahi). URL: https://doi.org/10.1080/00036846.2013.804169 

• “Growth under Exchange Rate Volatility: Does Access to Foreign or Domestic Equity Markets Matter?” Journal of Development Economics 100(1): 74-88, 2013. URL: https://doi.org/10.1016/j.jdeveco.2012.08.001 

• “Trade Flows, Exchange Rate Uncertainty and Financial Depth: Evidence from 28 Emerging Countries.” Southern Economic Journal 79(4): 905-927, 2013 (with M. Caglayan and O.S. Dahi). URL: https://doi.org/10.4284/0038-4038-2011.174 

• “Income Inequality and Structures of International Trade.”  Asia Pacific Journal of Accounting and Economics 19(2): 167-180, 2012 (with J. Ju and Y. Zhou). URL: https://doi.org/10.1080/16081625.2012.667379 

• “Asymmetric Effects of Financial Development on South-South and South-North Trade: Panel Data Evidence from Emerging Markets.” Journal of Development Economics 94(1): 139-149, 2011 (with O.S. Dahi). URL: https://doi.org/10.1016/j.jdeveco.2009.12.001 

• “Exchange Rate Volatility and Employment Growth in Developing Countries: Evidence from Turkey.” World Development 38(8): 1127-1140, 2010. URL: https://doi.org/10.1016/j.worlddev.2009.12.019 

• “Financial Liberalization, Private Investment and Portfolio Choice: Financialization of Real Sectors in Emerging Markets.” Journal of Development Economics 88(2): 314-324, 2009. URL: https://doi.org/10.1016/j.jdeveco.2008.04.002   

• “Capital Market Imperfections and Financialization of Real Sectors in Emerging Markets: Private Investment and Cash Flow Relationship Revisited.” World Development 37(5): 953-964, 2009. URL: https://doi.org/10.1016/j.worlddev.2008.09.003   

• “Volatility of Short Term Capital Flows and Private Investment in Emerging Markets.” Journal of Development Studies 45(5): 672-692, 2009. URL: https://doi.org/10.1080/00220380802582379 

• “Financialization and Manufacturing Firm Profitability under Uncertainty and Macroeconomic Volatility: Evidence from an Emerging Market.” Review of Development Economics 13(4): 592-609, 2009. URL: https://doi.org/10.1111/j.1467-9361.2009.00522.x 

• “Macroeconomic Uncertainty and Private Investment in Argentina, Mexico and Turkey.” Applied Economics Letters 16(6): 567-571, 2009. URL: https://doi.org/10.1080/13504850701206528 

• “South-South Trade in Manufactures: Current Performance and Obstacles for Growth.” Review of Radical Political Economics 40(3): 266-275, 2008 (with O.S. Dahi). URL: https://doi.org/10.1177/0486613408320007 

• “The Rise of Rentier Capitalism and the Financialization of Real Sectors in Developing Countries.” Review of Radical Political Economics 39(3): 351-359, 2007. URL: https://doi.org/10.1177/0486613407305283 

  • Reprinted in Mulkiye Dergisi 257: 25-35, 2007.

• “Militarization of the Market and Rent Seeking Coalitions in Turkey.” Development and Change 36(4): 667-690, 2005. URL: https://doi.org/10.1111/j.0012-155X.2005.00429.x 

• “A Failure Story: Politics and Financial Liberalization in Turkey, Revisiting the Revolving Door Hypothesis.” World Development 32(5): 851-869, 2004. URL: https://doi.org/10.1016/j.worlddev.2003.11.007 

• “The Africa Rising Narrative: Economic Growth, the Terms of Trade, Structural Change and Global Uneven Development.” Forthcoming in Economic Development, Economic Growth and Income Distribution: Structuralist Perspectives on Latin America and Beyond, A. Dutt, N. Lustig, J. C. Moreno-Brid and J. A. Ocampo (Eds.), Edward Elgar, 2025 (with O.S. Dahi and A.K. Dutt).

• “Büyük İstikrar Döneminden Büyük Durgunluk Dönemine: Krizdeki Kapitalizm veya Kriz Kapitalizmi (From the Great Moderation to the Great Recession: Capitalism in Crisis or Crisis Capitalism).” In C. Bakir, Z. Onis, and F. Senses (Eds.), Küresel Ekonomik Kriz Sonrasında Yeni Dünya Düzeni (pp. 119-142). Iletisim, 2013.

• “Labor Market Performance after Structural Adjustment in Developing Countries: The Interesting but not so Unique Case of Turkey.” In L.K. Valencia and B.J. Hahn (Eds.), Employment and Labor Issues: Unemployment, Youth Employment and Child Labor (pp.1-37). Nova Science Publishers, 2010 (with N. Erdem).

• “A Political Economy Analysis of the Turkish Military’s Split Personality: The Patriarchal Master or Crony Capitalist?” In T. Cetin and F. Yilmaz (Eds.), Understanding the Process of Economic Change in Turkey: An Institutional Approach (pp.159-181). Nova Science Publishers, 2010. 

• “Turkish Post-Crisis Development Experience from a Comparative Perspective: Structural Break of Business as Usual?” In Z. Önis and F. Senses (Eds.), Turkish Economy in the Post-Crisis Era: The New Phase of Neo-Liberal Restructuring and Integration to the Global Economy (pp.11-33). Routledge, 2009. 

• “Volatility of Short Term Capital Flows and Socio-Political Instability in Developing Countries: A Review.” In T.N. Caldeira (Ed.), Economics of Developing Countries (pp.53-77). Nova Science Publishers, 2009.

• “Economic Development and the Fabrication of the Middle East as a Eurocentric Project.” In R.K. Kanth (Ed.) The Challenge of Eurocentrism (pp.63-82). MacMillan, 2009 (with F. Kaboub).

• “The Middle East and North Africa.” In A.K. Dutt and J. Ros (Eds.), International Handbook of Development Economics (pp.522-535). Edward Elgar, 2008 (with O.S. Dahi). 

• “Value Creation in Acquisitions: Privatization of Turk Telekom.” In H.F. Ulrich and E.P. Lehrmann (Eds.), Telecommunications Research Trends (pp.107-126). Nova Science Publishers, 2008 (with V.B. Uysal). 

• “Turkey: Reflections on the fragility of academic freedoms and human rights.” The Globalist, February 27, 2021. Link. 

• “Erdogan’s War.” Foreign Policy, March 18, 2016. Link. 

• “Ankara Blues: Yet More Bombings, Reflections on the Cheapness of life in Turkey.” The Globalist, October 13, 2015. Link.

• “Turkey’s Enemy Within.” Foreign Policy, January 23, 2014. Link.

• “Why the Protests in Turkey make me Optimistic about the Future of Democracy.” Foreign Policy, June 6, 2013. Link.

• “Here is What You Need to Know about the Clashes in Turkey.” Foreign Policy, June 1, 2013.  Link.

• “The Global South in An Era of Great Power Competition.” Security in Context Report 24-01. F. Demir and Van Jackson (Eds.). Security in Context, April 2024. Link.

• “Introduction.” In The Global South in An Era of Great Power Competition Security in Context Report 24-01. F. Demir and Van Jackson (Eds.). Security in Context, April 2024. Link.

• “From Islamic Renaissance to Neo-Fascism in Turkey.” Review of Middle East Studies 50(2): 1-9, 2017. URL: https://doi.org/10.1017/rms.2016.154  

• “The Rise of the South: Essays in South-South Trade and Finance.” Latin American Council of Social Sciences, Buenos Aires: CLASCO, 2015 (with O.S. Dahi).

Papers under Review

1. “Residential Housing Investment and Local Corruption: Evidence from the Chinese Housing Market” R&R (with Y. Chih, C. Hu, J. Liu and H. Shen).

2. “Stay Healthy, Stay Employed: How Flu Vaccination Might Impact Women's Earnings” R&R (with P. Ghosh, M. Kim, A. Chaudhry, and J. Zhao).

3. “The Effects of Political Ideology on Export Sophistication and Productive Capabilities” (with A. Chaudhry).

4. “The Nexus Between Political Ideology and IMF Interventions: A Reciprocal Relationship” (with A. Chaudhry).

5. “The Real Exchange Misalignment and Structural Change: Examining the Development Channel” (with S. A. Birang).

6. “Who Rules the World? Leadership in International Organizations and the Myth of Multipolarity” (with A. Chaudhry, O. Dahi and K. Young).

7. “Labor Injuries and Government Political Ideology” (with M. Caglayan and A. Chaudhry).

8. “Does Easing Migration Barriers Reduce Social Unrest? Evidence from China's Hukou Reform” (with C. Hu and N.Q. Huynh).

• “Effects of Structural Adjustment on Food Self-Sufficiency” (with J. McFadden, J. Paudel and S. Singh).

• “IMF Programs, Conditionality and Growth Forecast Errors” (with T.A. Ghirnikar and P. Ghosh).

• “Effects of Environmental Regulations on Firm Investment in Cleaner Technology in China” (with T. Ghirnikar and C. Hu). 

• “Institutional Development Gaps and Export Diversification” (with C. Hu).

• “Drivers of Trust in Academics, NGOs and Public Sector in Oklahoma” (with S. Connelly, C. Nsude, K. Tsetsura, D. Shi).

• “The IMF Interventions and Fatal and Nonfatal Labor Injuries” (with M. Caglayan).

• “The Causes and Effects of Arms Trade and Dual Use Goods Trade” (with O. Dahi and S. Marshall).