This study takes as its task the explanation of movements in the rate of inflation. It seeks to discover the dynamic process by which monetary expansion and changes in the rate of interest have their effects upon the level ...

During the past fifteen years of Justice and Development Party's (AKP) rule Turkey has experienced important gains in income and living standards. Over the period 2002-2016, the real per capita income has increased by ...

The papers that make up this volume were presented at the conference on Turkey, Central and East European (CEE) countries and the EU, held at Bilkent University, Ankara, Turkey, on 9–10 March 1996. A legal structure that ...

After pursuing inward-oriented development strategies for 50 years, Turkey switched to outward-oriented policies in 1980. The policy of ‘opening up’ was pursued with the aim of integration into the European Union (EU). At ...

This book offers a comparative study of the Central and Eastern European and Turkish economies that analyses the implications of EU enlargement. The contributors discuss issues related to the creation of a legal infrastructure ...

All present-day industrial and developing countries have, at one time or another, protected their manufacturing industries. Turkey is no exception. It has protected import-substituting industries over exports and industry ...

This chapter investigates the macroeconomic policies appropriate for Turkey both before and after its accession to the European Union (EU).1 The first section of the chapter considers the recent macroeconomic developments ...