The Turkish Experience with Regulatory Reform and the Role of Independent Regulatory Authorities, Summer 2002
In recent years, Turkey has introduced fundamental changes into the nature and scope of government intervention in several important sectors. In telecommunications, steps are being taken in electricity and gas to end state monopolies and introduce competition, to allow private enterprises entry, and vertically separate and eventually privatize some of the key public assets. Such steps are accompanied by a major redistribution of discretionary authority to design and enforce rules and regulations away from ministries towards newly established independent regulatory authorities (IRAs). This paper reviews some of the salient features of IRAs and issues they raise in the Turkish context.