This study, the first to look at the analytics of and experience with financial reform, examines a number of issues: the relationship between the financial and real sectors, and how this behavior can affect the economy at large; the process of reform and the sequencing of various elements, including in particular the timing of opening of the capital account; the impact of financial reforms on the efficiency with which capital is allocated.
This study, the first to look at the analytics of and experience with financial reform, examines a number of issues: the relationship between the fina...
Turkey has been reforming its energy markets since the 1980s, culminating in two major bills in the early 2000s. The country has restructured electricity and natural gas markets, establishing an independent regulatory agency (EMRA) and passed legislation on renewable and nuclear energy. With these regulatory reforms, Turkey, as a candidate country for accession to the European Union (EU), has aimed to direct the energy markets to a more competitive environment in parallel with EU energy directives. This book contains an analysis of regulatory reforms in Turkish energy markets (electricity,...
Turkey has been reforming its energy markets since the 1980s, culminating in two major bills in the early 2000s. The country has restructured elect...
Turkey has been reforming its energy markets since the 1980s, culminating in two major bills in the early 2000s. The country has restructured electricity and natural gas markets, establishing an independent regulatory agency (EMRA) and passed legislation on renewable and nuclear energy. With these regulatory reforms, Turkey, as a candidate country for accession to the European Union (EU), has aimed to direct the energy markets to a more competitive environment in parallel with EU energy directives. This book contains an analysis of regulatory reforms in Turkish energy markets (electricity,...
Turkey has been reforming its energy markets since the 1980s, culminating in two major bills in the early 2000s. The country has restructured elect...