Turkey undertook a far-reaching structural adjustment program in 1980. As an integral element of this program, financial liberalization was geared towards increasing domestic savings and directing them efficiently towards financing investment projects, a goal assumed to create positive impacts...

After the economic turmoil in 2001, the Turkish economy quickly recovered, and exhibited distinguished economic performance in successive years without any interruption. This success can be considered as a product of favourable international economic conditions, sound macroeconomic reforms, the...

The Turkish economy has undergone drastic structural changes since 1980. While the effects of the Turkish adjustment programme have drawn considerable attention, a few studies have investigated its employment impacts. Unlike neoclassical expectation behind the structural adjustment programme,...

The North Cyprus economy has been under economic embargoes for many years, and has been struggling to eradicate the income difference with the south of the island with extremely limited facilities. Successive governments have accordingly developed distinctive responses to cope with these...

Turkey undertook a far-reaching structural adjustment program in 1980. As an integral element of this program, financial liberalization was geared towards increasing domestic savings and directing them efficiently towards financing investment projects, a goal assumed to create positive impacts...