Independent and cutting-edge analysis on Turkey and its neighborhood

Conservative Democracy: Good Governance for Rapid Convergence, Fall 2003

Conservative Democracy: Good Governance for Rapid Convergence, Fall 2003

Governance has a central place in our notion of conservative democracy.  Among the key aspects of our understanding of governance in a well functioning democracy are the following: inclusiveness, dialogue with related parties in decision making, transparency with regard to the Government’s decisions and policy implementation, accountability of both local and the central Government authorities and the opportunity for everyone to participate in politics. Our understanding of democracy is based on...

Ali Babacan | 05 December 2003

Opportunities and Pitfalls for Middle-Income Countries: Technological Progress, Globalization and Institutions, Fall 2003

Opportunities and Pitfalls for Middle-Income Countries: Technological Progress, Globalization and Institutions, Fall 2003

Two important developments are affecting all world economies today: rapid advances in technologies and globalization. Both of these developments provide great opportunities for middle-income countries, like Turkey, but also present some pitfalls. Those with skilled work forces, those that encourage foreign direct investment and above all those that provide a good institutional environment for new businesses to flourish can take advantage of these developments and quickly advance from being a...

Daron Acemoğlu | 05 December 2003

Strengthening the Turkish-American Economic Partnership, Fall 2003

Strengthening the Turkish-American Economic Partnership, Fall 2003

Turkey’s economic success is one of the most important of the many shared interests of Turkey and the U.S.  A growing, prosperous Turkey will be a better commercial partner for America and a stronger ally as we work together to help the entire region move toward a future of greater freedom and wealth. A strong, vibrant Turkey will be a positive force for freedom and prosperity in the region and in the world. The U.S. interest in Turkey is closely related to our broader effort in the...

Eric Edelman | 05 December 2003

The Role of Banking Sector Regulation, Fall 2003

The Role of Banking Sector Regulation, Fall 2003

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...

Engin Akçakoca | 05 December 2003

Turkey's Role in European Security as Epicenter of Regional Energy Routes, Fall 2003

Turkey's Role in European Security as Epicenter of Regional Energy Routes, Fall 2003

Turkey's long-term energy strategy is shaped by a broad vision, taking into account the need to maintain balance between its geography, foreign policy and energy demands. Due also to the liberalization of its energy market, in the near future Turkey will constitute a fourth artery of Europe's energy supply after Russia, Algeria, and Norway. This goal overlaps with EU's security policy, opens new horizons in Turkey-EU relations and contributes to regional peace and stability....

Hakkı Akil | 05 December 2003

Turkey's Energy Strategy in a New Era: Time to Look at South Again, Fall 2003

Turkey's Energy Strategy in a New Era: Time to Look at South Again, Fall 2003

The developments in Iraq have the potential to fundamentally change the world energy landscape, providing new challenges and opportunities for Turkey, which is located at the crossroads of the oil and gas rich Caspian and Middle East regions and the supply centers of the West. Driven by dynamic (albeit instable) economic growth, fueled by a growing population and the liberalization of the 1980’s, Turkey surfaced as a major regional energy consumer during the late 1990’s.It is important to...

Nuzhet Cem Örekli | 05 December 2003

An Evaluation of Tax Reform in Turkey in the Context of Turkey's Long Term Goals, Fall 2003

An Evaluation of Tax Reform in Turkey in the Context of Turkey's Long Term Goals, Fall 2003

In all of the days that have passed since Turkey started its journey to the West nearly two hundred years ago, the days we are living in now certainly will be remembered as some of the most remarkable. Turkey is currently closer to EU membership than ever and the government seems to be determined in this goal. Turkey’s EU membership should not be considered just a political movement, it is rather a declaration of Turkey’s commitment to becoming a country administered in a...

Şaban Erdikler | 05 December 2003

A Paradigm Shift for Government in the Information Age, Fall 2003

A Paradigm Shift for Government in the Information Age, Fall 2003

Information-based society will be driving governments to become e-governments. E-government is transforming government to be more citizen-centered. It is not just about service delivery over the internet. It is not just about digital access to government information or electronic licensing and payments. While all of these are important and need to be done, they are a small part of what e-government is all about. The far greater challenge in the coming years will be a revolution in governance...

Ayşe Başar Bener | 05 December 2003

Economics and Politics of Corruption: Fighting for a "Clean Government and Business" in Turkey, Fall 2003

Economics and Politics of Corruption: Fighting for a

  Let’s make no mistake: Corruption is a global virus inflicting, in varying degrees, all countries, developing and developed alike. With their strict property rights, mature institutions and well-paid civil servants; developed countries are less likely to suffer from systemic corruption. Public scrutiny of government makes corruption very difficult to get away with. Hence, corruption occurs mostly in countries where the rule of law and institutions are weak or non-existent, where...

Mehmet Öğütçü | 05 December 2003

A Critical Assessment of Competition Policy in Turkey, Fall 2003

A Critical Assessment of Competition Policy in Turkey, Fall 2003

This article evaluates the performance of the Turkish Competition Authority as a policy making body. The article argues that the importance of competition is little appreciated or understood in Turkey and this is the greatest obstacle hindering the implementation of competition policy. Consumers and corporations alike lack basic comprehension of the competition law and, therefore, the Competition Board is left to implement competition policy on its own. The article then points out some problem...

Tolga İşmen | 05 December 2003

The World Trade Organization and Turkey, Fall 2003

The World Trade Organization and Turkey, Fall 2003

Turkey’s choice to become the member of the GATT and later the WTO lay in her fundamental choice to be a part of the West and integrate with the global economy, modernize her economy and improve her external trade relations.Although a founding member of another international organization, primarily regarded as the social club of wealthy nations (OECD), Turkey has the status of a developing country in the WTO system. It is also important to note that Turkey’s EU candidate country...

Mustafa Pulat | 05 December 2003

Public Opinion: Pulse of Turkey, Fall 2003

Public Opinion: Pulse of Turkey, Fall 2003

STRATEJI|GfK (previously STRATEJI|MORI), since 1994 has sought to track the attitudes of Turkey’s population of 18 years and older towards political, social and economic developments. The main results of July 2003 survey, realized in 20 provinces in urban and rural regions of Turkey with 1688 people is presented below.Main results reveal the fact that, economic and social optimism observed since the last elections prevails an increase compared to April results. 70 percent of the respondents...

Strateji Gfk | 05 December 2003

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FROM THE DESK OF THE EDITOR
From The Desk Of The Editor This issue of TPQ comes at a time when global instability is arguably at its highest point since the end of World War II. The Western-led liberal world order that emerged in its wake, anchored by NATO and bolstered by multilateral institutions such as the European Union and the World Bank is fraying, and the principles upon which the order was founded are being undermined. Furthermore, the...
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