By Tamer Çetin, Fuat Oğuz
The Political financial system of law in Turkey brings jointly prime overseas students and specialists on Turkey and regulatory reform to supply crucial details at the contemporary Turkish adventure and its relation to pageant coverage. After the 1980 liberalization reform, Turkey attempted to introduce festival in lots of industries, yet community industries have remained as monopolies. on the finish of the Nineties, regulatory reform was once initiated and autonomous regulatory corporations were demonstrated by way of the govt. finished discussions of those community industries, specifically airways, electrical energy, normal fuel, telecommunications and atmosphere rules, are provided. The participants inquire how financial idea and ancient analyses can enlighten the nature of marketplace strategies and the function for presidency motion in those industries, and the contributions make clear the very contemporary alterations within the regulatory constitution and demanding criminal instances that form the way forward for regulated industries. This booklet discusses those matters in a world standpoint and relates the Turkish event to different comparable nations, corresponding to in jap Europe and primary the United States. This e-book serves as an invaluable consultant to those that are looking to comprehend significant adjustments in Turkey and regulatory reforms in different rising markets, making it of curiosity to researchers and PhD scholars interested by regulatory economics, the Turkish economic climate, and financial coverage in rising markets.
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Additional info for The Political Economy of Regulation in Turkey
Example text
2 3 3 The Political Economy of Privatization in Turkey: An Evaluation 27 progress in a short time. Moreover, due to their basic professional experience and life perceptions, the political elite governing the country had a more interventionist, planned, nationalist, and activist approach to economic policy than the civil politicians who appeared from democratic political struggle, which was expectable. Moreover, it should be expectable that the political elite governing the country had a more interventionist, planned, nationalist, and activist approach to economic policy due to their basic professional experience and life perceptions than the civil politicians who appeared from democratic political struggle.
One of the most important areas where the January 24 stability policies were applied involved the SEEs and public entrepreneurship. While the stability program aimed at the transfer of SEEs to the private sector on the one hand, it aimed at the reduction of the state’s activities in the economy and thus allow the functioning of the institutions of a free market economy, on the other. 11 Some of these are deregulation, imposition of user charges for public goods and services, the selling of SEEs, contracting-out and joint venture policies.
In the Turkish public law, the regulation of the main public utilities has been generally performed by IRA. The Turkish Constitution requires an administrative control over any type of public entities including public economic entities and activities under the Articles 123/1-2 and 127/5. The necessity for an independent and reliable regulation of the public utilities and the other key public services has obliged the appearance of IRA in the Turkish legal environment. However, the Turkish legal doctrine discusses whether IRA erode the centralist and unitary character of the state and IRA “pamper” the bureaucracy to the detriment of politicians.