How are events surrounding the latest Iraq war shaping the future global political economy of oil? The saliency of Iraq's oil resources suggests a trend towards intensified great-power competition to dominate energy-rich ...

This paper evaluates the correlations between growth and selected macroeconomic indicators in, Turkey under the dynamic macroeconomic adjustments as a globalizing developing economy during 1968-1998. In this context, a ...

In recent years, many emerging market economies have switched or are in the process of switching to a floating exchange rate regime. Most of these economies have a history of high inflation and a high level of foreign ...

Should or can Turkey join the European Union (EU)? This paper argues that there are three alternative scenarios of the EU decision to grant membership to Turkey: 'privileged relationship offer,' 'wait and see attitude,' ...

In the literature, there is no consensus about the direction of the effects of inflation uncertainty on interest rates. This paper states that such a result may stem from differentiation in the sources of the uncertainties ...

The military in Turkey has been both the subject and the object of modernization as Westernization. In the process it came to occupy a prominent place in the Turkish polity, acting as the guardian of the premises upon which ...

Turkey’s future in the European Union (EU) is a subject of intense debate both in Europe and in Turkey today. Although Turkey first applied to join the EU 45 years ago, it is the only candidate country, which has not yet ...

The purpose of the paper is to discuss the main issues highlighted in the Trade Policy Review: Turkey 2003. The paper studies first the main developments in Turkey's trade regime and trade performance. Next it discusses ...

The paper provides an overview of the post-1998 Turkish economy and constructs a macroeconomic computable general equilibrium (CGE) model to illustrate the real and financial sectoral adjustments of the Turkish economy ...

This paper examines the effects of transition and of political instability on foreign direct investment (FDI) flows to the transition economies of Central Europe, the Baltics and the Balkans. We find that FDI flows to ...