The Turkish Economy: The Real Economy, Corporate Governance and Reform

by Sumru G. Altug (Editor), Alpay Filiztekin (Editor)

Overview

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:

• determinants of growth and productivity
• education and human capital accumulation
• income inequality
• corporate control and government
• performance of the government sector
• impact of major public policy issues on the future growth prospects of the Turkish economy.

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.

Product Details

ISBN-13:	9780415365925
Publisher:	Taylor & Francis
Publication date:	02/09/2006
Series:	Routledge Studies in Middle Eastern Economies
Pages:	324
Product dimensions:	6.12(w) x 9.19(h) x (d)

About the Author

Sumru Altu? is professor at the College of Administrative Sciences and Economics at Koç university in Istanbul. Her fields of interest include business cycles, investment, productivity and growth, intertemporal models of consumption and labour supply, and financial markets. Her previous publications include Dynamic Choice and Asset Markets (Academic Press, 1994) with Pamela Labadie, and Dynamic Macroeconomic Analysis: Theory and Policy in General Equilibrium (Cambridge University Press, 2003) with Jagjit Chadha and Charles Nolan.
/Alpay Filiztekin is an Associate professor in the Faculty of Arts and Social Sciences at Sabanci University in Istanbul. His fields of research include growth theory, regional economics, productivity dynamics and real costs of inflation.

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

Editorial Reviews

'This volume offers a strong collection of articles, each covering a different aspect of economic life in Turkey...I find The Turkish Economy to be a welcome addtion to the literature' - Tolga Koker, Yale University, International Journal of Middle East Studies, 2008

From the Publisher