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.

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CONTRIBUTOR
Engin Akçakoca
Engin Akçakoca
From the Desk of the Editor This issue of TPQ takes up a myriad of issues that the Middle East is grappling with today: from protracted conflicts and the increasing complexity of proxy wars, to changing regional blocs and emerging powers. The Arab uprisings of 2011 remain an important fulcrum for the changing political landscape of the Middle East, and as many of our authors contend, the underlying problems and basic drivers...
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