This study outlines, with a review of earlier studies, the effects of international tourism by showing developments in tourism-related economic parameters and discusses the implications of such tourism on the economy of Turkey. It asks how far international tourism contributes to the economic...

Although tourism has been considered as an important activity for the well-being of the economies and state regulations on tourism have a considerable history in Turkey, the concept of sustainable tourism was first mentioned in the 8th Five-Year Development Plan (2001-2005). Until that time...

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...

This study attempts to examine empirically dynamic causal relationships between aggregate output, energy consumption, exports, capital and labour in the case of Turkey using the time series data for the period 1968-2008. This research tests the interrelationships between the variables using the...

This study focuses on estimating an economic discounting rate (EDR) to be used in project appraisals by the State Planning Organisation (SPO) of Turkey. The EDR is a policy tool used for selecting the best projects to meet the economic targets of development plans and to enable planners to...

Turkey has implemented major health care reforms to improve the efficiency of the health care system since 2003. The objective of this study is to investigate the impact of these reforms, especially the performance-based payment system (P4P), on the efficiency of public hospitals. We employ the...

The development of the internet as a global medium has significantly impacted financial reporting environment of the companies. Recently, companies have started reporting their financial results and other information relating to business on their web pages. The internet offers the facility to...