Adaptation of Turkey's financial market regulations to EU requirements: problems of an emerging economy

Diplôme Thèse Adaptation of Turkey's financial market regulations to EU requirements: problems of an emerging economy eng 2013-07-09 author Haksal Zahit Haluk 508147 director Curzon-Price Victoria 28937 10.13097/archive-ouverte/unige:46223 urn:nbn:ch:unige-462235 SES 807 This thesis addresses the following problem: How a developing country needs to conduct the transition to a free market economy with particular focus on financial market reforms. Additionally, it provides a basis for explaining potential divergence from desired outcomes. We present and analyze the case of Turkey. We explore the roots of Turkey's traditionally unstable economic performance, which we have identified as being linked to weak institutions and politically-led economic management. The Turkish case shows that though internationally accredited development policies are useful guidelines for policymakers, they constitute only an initial phase of an effective transition to be completed through a domestic commitment to achieve a de-politicized institutional framework. We have used country risk scores published by independent rating agencies and other metrics in the post-institutional reform period, which we believe constitute acceptable measures of the degree to which institutional reform has been successful or not. Dewey 330 114 Institute of Economics and Econometrics S2 false 2649df8f-3b49-4f41-99e0-b8882f8454d3 Thesis Restricted Haksal-These.pdf 7059117 application/pdf Private 2017-03-02 dd932fe91c23b0798c35fc3d92ddc180f61d5a05b82fdcdb5fd93e527d69fc4a restrictedAccess Faculté d'économie et de management / Institute of Economics and Econometrics

Title	Published in	Access level	OA Policy	Year	Views	Downloads

Adaptation of Turkey's financial market regulations to EU requirements: problems of an emerging economy				2013	901	5

Archive ouverte UNIGE

Haksal, Zahit Haluk