Independent and cutting-edge analysis on Turkey and its neighborhood
Developed and many developing countries have experienced spectacular progress in financial services though there have been a number of painful crises both in real and financial sectors, particularly in some emerging market economies in recent years. While the banking sector is crucial to an efficient allocation of resources and hence to economic growth, Turkey’s performance in this regard is far from satisfactory. Following severe economic crises in recent years, the Banking Sector Restructuring Program was introduced to create a strong banking sector. Although important milestones have been achieved so far, there is still a need for further progress.

Please click here to read the text in full.

 

CONTRIBUTOR
Engin Akçakoca
Engin Akçakoca
From the Desk of the Editor TPQ’s Winter issue examines global trade dynamics—from US-China tensions to the renegotiation of the North American Free Trade Agreement (NAFTA) to US tariff threats towards the EU. Chief among the issues generating a high degree of economic uncertainty is the US-China trade conflict and the magnitude of the emerging global fallout. Major changes are already afoot—namely a shift...
STAY CONNECTED
SIGN UP FOR NEWSLETTER
FACEBOOK
PARTNERS