We investigate the presence of financial linkages between Turkey and Greece. In particular, we estimate bivariate …

, and capital markets. Currently, credit markets in Turkey are dominated by banking, and capital markets are dominated by …

premium and thus the effect of the increase in the external finance premium which diminishes output for Turkey over the period …

and Turkey to diversify and deepen the financial systems. However, despite unquestionable improvements, financial … deepening in Russia and Turkey has taken place at a slower pace than in other major emerging economies. Our paper highlights … characterize, to a different degree, Russia and Turkey. These factors have not only slowed the development of the financial system …

Turkey. We find that there is a long-run cointegrating relationship between capital market development and economic growth …

The financial markets in Turkey provide a laboratory to help resolve these competing views. Islamic law or Sharia … creation of a class of banks that sought to offer Sharia compliant services.The first Islamic Banks in Turkey began operations … system. With the election of the AKP in 2002, however, the environment for Islamic banks in Turkey changed. Limitations on …