This work consists of original essays and analyses that focus on aspects of the stabilization and liberalization of Turkey between 1980 and 1987. It outlines the problems of liberalization in a highly protective and inward-looking policy environment such as Turkey. The essays also explore several prospects that could assist Turkey's transition to an outward-looking, free-market economy. "Liberalization and the Turkish Economy" provides fresh and timely perspectives on a modern-day economy. The analysis of the conributors will be informative to those involved in the study of economic trends in Turkey and worldwide.