The institutional endowment of a country determines government's regulatory choices, incentives, and the direction of economic activities in the country. The authors use this conceptual framework to examine how institutional endowment in Turkey influence economic and political structure.

Presents a detailed analysis of the Turkish banking and financial markets. This book emphasises on the interrelations between competition and regulation. It focuses on the close relationship between the regulatory environment and the nature of the competition in the banking and financial markets in Turkey.