Independent Regulatory Agencies (IRA) has been in fact established as a result of the state’s desire to undertake the role of a referee rather than being a market player in our country. Though IRAs’ initial establishment aim was as such, it has caused considerable discussions in the field of...

Global crisis has underlined the essentiality of deepening our understanding and knowledge about the financial system. Accordingly, recent debates on macroeconomic policies focused exclusively on the financial system. This survey aims at contributing to the efforts on expanding our existing...

Due to the complex and close interaction of banks with other economic units, any trouble in banking sector might have repercussion on the whole economy which makes the market structure and competition in banking sector as a cynosure. In fact, in order to understand the market structure,...