The Turkish Economy

The Real Economy, Corporate Governance and Reform

Edited by Sumru G. Altug, Alpay Filiztekin

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About the Book

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:

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

Contributors List of Tables and Figures Preface Part 1: The Real Economy 1. Productivity and Growth, 1923-2003 2. Income and Consumption Inequality for Turkey: What Role Does Education Play? 3. Female Labour Supply in Turkey 4. A Disaggregated Analysis of Price Dynamics Part 2: The Corporate Sector 5. Capital Structure Decisions of Turkish Firms 6. Firm-level Profitability, Liquidity, and Investment 7. Ownership Concentration and Corporate Performance of Turkish Companies Part 3: The Government Sector and Reform 8. Privatization: What has been achieved? 9. The Political Economy of Pension Reform 10. The Turkish Banking Sector: A Rough Ride From Crisis to Maturation Bibliography Index