The second century of the Republic of Türkiye has been restructured with a new strategic communication model centered around a new development goal. This new communication model encompasses diplomatically designed activities that strategically project the narrative of a strong Türkiye to the international public. The increasing influence of the economy on political decisions, and thus the expanding impact of the economy on diplomacy, is drawing the relationship between public diplomacy and economic diplomacy closer. In this perspective, with the advantages derived from its operational area and organizational structure, the Central Bank of the Republic of Türkiye (CBRT) represents Türkiye in the majority of its intensive economic diplomacy activities as the sole point of contact in relevant international platforms. The diversity of platforms provides a significant opportunity in terms of the breadth of diplomatic channels. The existing advantages and opportunities indicate the extensive potential of the CBRT in managing economic diplomacy activities that are in harmony with the communication codes of public diplomacy. This study discusses the capability of economic diplomacy to act in concert with public diplomacy within a common framework as an element of soft power. The discussion evaluates the alignment of the CBRT with public diplomacy objectives based on the CBRT’s potential to conduct economic diplomacy.

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Contributions of Economic Diplomacy to the Public Diplomacy Communication Model in Türkiye: An Evaluation of the Central Bank’s Potential

  • Bedia Tekin

摘要

The second century of the Republic of Türkiye has been restructured with a new strategic communication model centered around a new development goal. This new communication model encompasses diplomatically designed activities that strategically project the narrative of a strong Türkiye to the international public. The increasing influence of the economy on political decisions, and thus the expanding impact of the economy on diplomacy, is drawing the relationship between public diplomacy and economic diplomacy closer. In this perspective, with the advantages derived from its operational area and organizational structure, the Central Bank of the Republic of Türkiye (CBRT) represents Türkiye in the majority of its intensive economic diplomacy activities as the sole point of contact in relevant international platforms. The diversity of platforms provides a significant opportunity in terms of the breadth of diplomatic channels. The existing advantages and opportunities indicate the extensive potential of the CBRT in managing economic diplomacy activities that are in harmony with the communication codes of public diplomacy. This study discusses the capability of economic diplomacy to act in concert with public diplomacy within a common framework as an element of soft power. The discussion evaluates the alignment of the CBRT with public diplomacy objectives based on the CBRT’s potential to conduct economic diplomacy.