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Understanding the Process of Economic Change in Turkey - An Institutional Approach (Hardcover)
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Understanding the Process of Economic Change in Turkey - An Institutional Approach (Hardcover)
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The institutional endowment of a country determines government's
regulatory choices, the public policies, incentives, and the
direction of economic activities in the country and the level of
the economic efficiency. The authors use this conceptual framework
introduced by Levy and Spiller (1996) to examine how institutional
endowment in Turkey influence economic and political structure. In
this context, most elements of institutional endowments in Turkey
are common to all sectors and reforms, (namely, legislative and
executive institutions, nature of the judicial system, bureaucratic
structure). They also observe the political economy of the change
in Turkey. For that reason, they observe similarities and
differences in the contests among groups with divergent interests
for the different policy changes and reforms processes. Thus, they
introduce a crucial guide for scholars, researchers, and investors
around the world about the political and economic structure in
Turkey
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