The 2000/2001 Turkish crisis was one of the most impressive crises that hit the emerging market economies in the late 90s. The characteristic of this crisis is not only its violence but also its suddenness. We observe two rapid crisis sequences which are different from recent financial crisis...

In the last fifteen years four crisis episodes occurred in the Turkish economy in April 1994, February 2001, May 2006 and October 2008. These local crises with minor effects on other countries led nevertheless to severe economic and social consequences in terms of increasing domestic interest...

The 2000-2001 Turkish crisis has often been analysed in the literature without a solid econometric basis. This article presents a linear regression model as well as a logit model that enable us to measure the extent to which economic fundamentals and banking variables can account for the outcome...

In May 2004, the European Union (EU) has experienced the greatest enlargement in its history with the accession of ten new countries from Central and Eastern Europe. Yet Turkey is an associate member of the European Economic Community since 1963 with the Ankara Agreement and a privileged trade...

Some developing economies (especially East Asian Countries) have long imitated western technology. It means that these economies adopted an imitative attitude to new industrial technologies with regard to technology policies. Some changes recently have occurred. Asian economies such as South...

The debates surrounding privatization have generally focused on comparison of the productivity performances of public and private firms in different countries on the bases of quantitative methods. The main purpose of this paper is to draw attention to a very important repercussion of foreign...

Implementation of structural adjustment policies in Developing Countries (DCs) signifies a rupture from the development, modernisation and industrialisation policies which were under state’s control, contrary to the industrialised states’ experiences. Even though the intensity and extension...