The following section are included:IntroductionThe Single-Party Regime and Étatism (1923–1945)Transition to Multi-Party Regime (1946–1950)Infancy Phase of the Multi-Party Regime — Failure on Both Fronts (1950–1960)Multi-Party Regime on a Fragile PathTowards an Open Market EconomyThe...

During the last two and half decades Turkey has suffered from three foreign exchange crisis resulting in considerable loss of income. The paper argues that the country in order to avoid the foreign exchange crisis has to stay away from having too big current account deficits. Noting that under...

During the last two and half decades Turkey has suffered from three foreign exchange crisis resulting in considerable loss of income. The paper argues that the country in order to avoid the foreign exchange crisis has to stay away from having too big current account deficits. Noting that under...