000 03407 a2200385 4500
001 65138
264 _aAnkara;
_b,
_c2006.
650 0 0 _932546
_aTezler, Akademik
999 _c65138
_d30032
003 TR-AnTOB
005 20260210134033.0
008 121003s2006 tu 000 0 d
041 0 _aeng
099 _aTEZ ODTU Ph.D'06 GAN
100 1 _aGanioğlu, Aytül
_937098
245 0 0 _aSequencing, pace and timing of financial liberalization process in Turkey with implications on the macroeconomic environment /
_cAytül Ganioğlu, Supervisor Prof. Dr. Fikret Şenses.
246 _aTürkiye'de finansal serbestleşme politikalarının sıralaması, zamanlaması ve hızının makroekonomik ortam üzerine etkileri.
300 _axxii, 372 leaves.
_c29 cm.
500 _aKeywords : Financial Liberalization, Sequencing and Timingof Financial Liberalization, Prudential Regulation and Supervision of the Banking Sector
502 _aThesis (Ph.D.) -- Middle East Technical University, 2006.
504 _aIncludes bibliographical references
520 _aThis study basically analyzes timing, sequencing and pace of the financial liberalization experience of the Turkish economy in the 1980s and evaluates its implications for the crises in the Turkish economy since the 1990s. The objectives of this study are threefold: Firstly, it aims to reveal the main policy objectives and political factorspushing the government to take capital account liberalization decision in 1989. It is concluded that domestic decision makers have shaped and taken the decision of capital account liberalization in 1989, while the interaction of economic and political factors has played a major role in its timing. Secondly, it examines the extent to which economic and political institutional weaknesses in the Turkish economy, which generated inappropriate sequencing of financial liberalization policies in the 1980s, can be held responsible for the crises of 2000 and 2001 crises. It is concluded that financial liberalization policies were inappropriately sequenced, as domestic financial market and capital account liberalization were not accompanied or preceded bymacroeconomic stability and financial sector institutionalreforms such as prudential regulation and supervision of the banking sector. These factors have been instrumental in the crises episodes in Turkey through contributing to an environment conducive to crises. Thirdly, it aims to analyze whether there exists a clear association between weaknesses in the regulation and supervision of the banking sector and banking crises through an empirical analysis. It is concluded that the nature of the banking crises is more associated with the institutional structureof the financial system rather than macroeconomic conditions of the economy.
538 _aSystem requirements: World Wide Web.
650 0 0 _aDissertations, Academic
_932543
653 _aEconomics.
653 _aEkonomi.
700 1 _aŞenses, Fikret,
_d1947-
_961980
710 2 2 _aOrta Doğu Teknik Üniversitesi (Ankara, Turkey).
_bİktisat Bölümü
_937099
730 _aThesis (Ph.D.) -- Graduate School of Social Sciences. Economics.
740 _aE-thesis. Ph.D. Economics.
856 _uhttp://etd.lib.metu.edu.tr/upload/12604749/index.pdf
_3Access to full text
901 _aTZ00012
902 _aSA
942 _cTEZ