UNDERSTANDING THE PROCESS OF ECONOMIC CHANGE IN TURKEY: AN INSTITUTIONAL APPROACH -- UNDERSTANDING THE PROCESS OF ECONOMIC CHANGE IN TURKEY: AN INSTITUTIONAL APPROACH -- Contents -- Preface -- Contributor List (ın Alphabetıcal Order) -- Introduction: The Polıtıcal Economy of Instıtutıonal Change ın Turkey -- Department of Economics -- Zonguldak Karaelmas University -- 1. A Fundamental Benchmark: The Instıtutıonal Foundatıons of Economic Change -- 2. Understanding the Change in Turkey -- 2.1. A General Outlook of Institutional Endowment in Turkey -- 2.2. Institutional Lessons from the Process of Economic Change in Turkey -- 2.3. Regulatory Issues in the Change Process -- References -- Section I. An Institutional Analysis of the General Economic and Political Endowment in Turkey -- Economic Growth and Institutional Change in Turkey before 1980 -- Professor, Bogaziçi University and -- London School of Economics and Political Science -- Abstract -- Introduction -- 1. The Long Term Growth Record -- 2. Economic Growth and Institutional Change -- 3. Three Dıfferent Periods -- 3.1. Open Economy during the Nineteeenth Century -- 3.2. State-Led Industrialization in Response to the Great Depression -- 3.3. Return to ISI after WWII -- Agriculture-Led Growth -- Import Substituting Industrialization (ISI) -- The Crisis of ISI -- 4. Conclusion -- References -- The Role of Institutions over Economic Change in Turkey -- Department of Economics -- Zonguldak Karaelmas University -- Zonguldak/Turkey -- Abstract -- Introduction -- 1. The Role of the Legislative Politics over Economıc Change in Turkey -- 1.2. The Years of Politics without Policy: The 1990s -- 2. The Legal Institutonal Structure over Economıc Change -- 2.1. The Resistance of the Judiciary against the Change -- 2.2. The Role of Legal Rules over Doing Business in Turkey -- 3. Conclusion.

References -- Temporary Star or Emerging Tiger? Turkey's Economic Performance in a Global Setting -- 1Department of International Relations, Koç University, İstanbul, Turkey -- 2Department of Political and Social Sciences, European University Institute, Florence, Italy -- Introduction -- 1. The Turkish Neo-Liberal Experiment: The 2001 Crisis as a Turning Point -- 2. The East Asian Development Experience and the Characteristics of Tiger-Like Performance -- 3. The Performance of Turkish Economy in a Global Setting -- 4. Sustainable Growth: Challenges and Opportunities -- 5. Extending the Limits of Analysis: The SociaL Dimension of the Turkish Economy -- 6. Conclusion -- References -- Modernıty in Transformatıon: Turkey Under the AKP Governance -- Department of International Relations -- Koc University -- Istanbul, Turkey -- Abstract -- Introduction -- 1. The Electoral Success -- 2. Transformation and Turkey as a "Complex Society" -- 3. The Global Context -- 4. In Conclusion: The Question of Democracy -- References -- Deconstructing the Functioning of Political Manipulation of the Economy in Turkey -- Lecturer in Political Economy -- School of Government and International Affairs -- Durham University -- Abstract -- Introduction -- 1. Distinguishing Characteristics of Political Manipulation of the Economy in Turkey -- 2. Generating and Functioning of Political Manipulation of Economy in Turkey -- 2.1. Rent Seeking Activities as a Source of Political Manipulation of the Economy -- 2.2. Use of Individual and Group Specific Micropolicies: -- Patronage System -- 2.3. Region Specific Micropolicies -- 2.4. Use of the SEEs' Resources for Political Gains: Vote Factories -- 2.5. Employment Provision for Political Gains -- 2.6. Use of off-Budget (Extra Budgetary) Funds -- 3. Conclusion -- References.

Section II. Institutional Lessons from the Process of Economic Change in Turkey -- The Interest Group Theory of Legislation and Trade Policy in Turkey: A Time Series Study for 1960-2000 -- Reader in Economics -- University of Northumbria at Newcastle, Economics Department, Northumberland Building, NEWCASTLE upon TYNE, NE1 8ST, UK. -- Abstract -- Introduction -- 1. Interest Group and Trade Policy in Developing Countries -- 2. The Political Economy of Interest Groups -- and Trade Policy in Turkey -- 2.1. Theoretical Background of the Model -- Voters -- Business Groups -- Brokers (Politicians and Bureaucrats) -- 2.2. Empirical Application of the Model -- 3. Empirical Analysis -- 3.1. Data -- 3.2. The Methodology: Cointegration Analysis -- Engle-Granger -- The Engle-Granger First Stage (Long Run) Estimation -- The Engle-Granger Second Stage: ECM (Error Correction Mechanism) -- 4. Conclusion -- References -- Department of Economics, Marmara University -- Istanbul, Turkey -- Abstract -- Introduction -- 1. Patterns of Foreign Direct Investment in Developing Economies -- 2. FDI Performance of Turkey in a Comparative Perspective -- 3. Political Economy of FDI in Turkey - the Pre-1980 Period -- 4. 1970 - 1980 Period: A Change in Attitude towards FDI -- 5. An Evaluation of the 1950-1980 Period -- 6. The Role of the Bureaucracy -- 7. POST 1980 PERIOD - -- A Change in the Attitude towards FDI -- 8. Recent Period: Structural Change -- 9. The role of Institutions - The Questionnaire Survey -- 10. The Questionnaire Survey -- 11. The Role of Institutional Variables -- 12. The Quality and Integrity of Public Services -- 13. Predictability -- 14. Conclusion -- References -- A Political Economy Analysis of the Turkish Military's Split Personality: The Patriarchal Master or Crony Capitalist? -- Department of Economics, University of Oklahoma.

Norman, OK USA 73019 -- Abstract -- Introduction -- 1. The Military, the Business and the Free Market Fairy Tale -- 2. The Turkish Military-Business Empire: A Terrestrial or a Celestial One? -- 3. Conclusion -- Acknowledgments -- References -- Authoritarian Nationalism and Discrimination Ending with Immiserising Modernization: Economic and Social Consequences of the Republican Power Elite's Fight -- 1 Eskişehir Osmangazi University -- Department of Economics -- Professor of Political Economy -- 2 Kırıkkale University -- Department of Economics -- Professor of Economic Development and International Economics -- Abstract -- Introduction -- 1. Economic Structure and Dominance of Non-Muslim Minorities at the Outset of Modern Turkey -- 2. New Turkey's Economic Model: Creation of A National Bourgeoisie and Systematic Discrimination Against Non-Muslims -- 3. Using Islam as a Tool in Politics, Economy and Civil Society Movements and Its Consequences -- 4. Capitalists in Turkey, Human Development -- and the Power of Islamist Capital -- 5. Conclusion -- References -- Turkish Industrial Relations: Transformation or a Non-Fundamental Change? -- Department of Human Resources Management -- Sakarya University IIBF, Turkey. -- Abstract -- Introduction -- 1. Historical Development of Industrial Relations -- 2. Labor Market in Turkey -- 3. Industrial Relations: Actors and Processes -- 4. Current Challenges -- 5. Conclusion -- References -- Section III. Current Issues of the Regulatory Process in Turkey -- The Political Economy of Independent Regulatory Agencies in Turkey* -- 1 Department of Economics -- Zonguldak Karaelmas University -- Zonguldak/Turkey. -- 2 Department of Public Administration -- Uludag University -- Bursa-Turkey. -- 3 Department of Econometrcis -- Uludag University -- Bursa-Turkey. -- 4 Department of Public Finance.

Zonguldak Karaelmas University -- Zonguldak/Turkey. -- Abstract -- Introduction -- 1. Rationale for Delegation of Discretion to Iras: Political Transaction Costs and Credible Commitment -- 1.1. Political Transaction Costs -- 1.2. A Credible Regulatory Commitment -- 2. Independence and Accountability Dilemma of Iras -- 3. The Political Economy of Transition to Iras in Turkey -- 3.1. The Place of IRAs in the Turkish Regulatory Institutional Structure -- 3.2. The Constitutional Legitimacy Problem of IRAs -- 3.3. Accountability of IRAs in Turkey -- 3.4. Independence of IRAs and a Case on Independence -- 4. Formal Independence Levels of Iras in Turkey: Empirical Analysis -- 4.1. Data and Method -- 4.2. Results -- 5. Conclusion -- References -- Glass Half Empty? Politics and Institutions in the Liberalization of the Fixed Line Telecommunications Industry in Turkey -- 1 Sabancı University -- 2 Harvard University -- Abstract -- Introduction -- 1. Privatization in chaos: political patrons versus privatizors at all cost -- 2. The Liberalization Process -- 2.1. The Regulatory Framework -- 2.2. Implementation at a snail's pace and market outcomes -- 2.3. The new Electronic Communications Law -- 3. What Explains Turkey's (Limited) Performance ? -- 4. The Privatization Question Redux -- 5. Conclusion -- References -- Institutional Change in the Turkish Energy Markets -- Department of Economics -- Zonguldak Karaelmas University -- Zonguldak/Turkey -- Abstract -- Introduction -- 1. Historical Background of Electricity Market -- 1.1. The Structure before 1980 -- 1.2. The Structure after 1980 -- 1.3. The Market Structure before the 2001 Reform -- 2. Main Reasons for Institutional Change in Electricity -- 2.1. The Economic Reasons -- 2.2. The Political and Legal Reasons -- 2.3. Accession to the EU and External Factors.

3. An Institutional Outlook of the New Market Structure.