Including contributions from noted international scholars, this collection of papers provides a strong theoretical and empirical underpinning for the discussion of major public policy issues facing Turkey today. Matters addressed include:
- determinants of growth and productivity
- education and human capital accumulation
- income inequality
- corporate control and government
- performance of the government sector
- impact of major public policy issues on the future growth prospects of the Turkish economy.
This volume relates the impact of major public policy issues on the future growth prospects of the Turkish economy. At a time when Turkey is currently attempting to gain membership to the European Union, this pertinent reference questions whether the country's economy is in fact ready for EU accession and membership.
Table of Contents
Contents Contributors List of Tables and Figures Preface Part I: The Real Economy 1. Productivity and Growth, 1923-2003 Sumru Altug and Alpay Filiztekin 2. Income and Consumption Inequality for Turkey: What Role Does Education Play? Burcu Duygan and Nezih Güner 3. Female Labor Supply in Turkey Insan Tunali and Cem Baslevent 4. A Disaggregated Analysis of Price Dynamics Mustafa Çaglayan and Alpay Filiztekin Part II: The Corporate Sector 5. Capital Structure Decisions of Turkish Firms Yilmaz Güney, Aydin Özkan, and Kürsat Yalçiner 6. Firm-level Profitability, Liquidity, and Investment B. Burçin Yurtoglu 7. Ownership Concentration and Corporate Performance of Turkish Companies Halit Gönenç Part III: The Government Sector and Reform 8. Privatization: What has been achieved? Çagla Ökten 9. The Political Economy of Pension Reform Serdar Sayan 10. The Turkish Banking Sector: A Rough Ride From Crisis to Maturation Ali Tükel, Murat Üçer and Caroline Van Rijckeghem Bibliography Index
'This volume offers a strong collection of articles, each covering a different aspect of economic life in Turkey...I find The Turkish Economy to be a welcome addtion to the literature' - Tolga Koker, Yale University, International Journal of Middle East Studies, 2008