Allocation of Financial Wealth in Turkey PDF Download

Author: Çiğdem Akın
Publisher:
ISBN:
Category :
Languages : en
Pages : 28

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Book Description
This paper analyzes the financial wealth allocation and the characteristics of the financial system in Turkey during the 1987-2011 period. The main finding of the paper is that the lack of attractive investment opportunities in capital markets, limited development of non-bank financial institutions, and the crowding-out effect of the excessive government borrowing contributed to the mobilization of formal savings mainly towards the bank deposits with a significant degree of dollarization, and sovereign debt securities in Turkey. The mutual funds and private pension plans play limited roles in the financial system. The domestic investors have low preference for equity investments and foreign institutional investors have a predominant share in the stock market capitalization in Turkey.

Author: Günes Murat Tezcür
Publisher: Oxford University Press
ISBN: 0190064897
Category : Political Science
Languages : en
Pages : 865

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Book Description
The study of politics in Turkey : new horizons and perennial pitfalls / Güneş Murat Tezcür -- Democratization theories and Turkey / Ekrem Karakoç -- Ruling ideologies in modern Turkey / Kerem Öktem -- Constitutionalism in Turkey / Aslı Ü. Bâli -- Civil-military relations and the demise of Turkish democracy / Nil S. Satana and Burak Bilgehan Özpek -- Capturing secularism in Turkey : the ease of comparison / Murat Akan -- The political economy of Turkey since the end of World War II / Şevket Pamuk -- Neoliberal politics in Turkey / Sinan Erensü and Yahya M. Madra -- The politics of welfare in Turkey / Erdem Yörük -- The political economy of environmental policymaking in Turkey : a vicious cycle / Fikret Adaman, Bengi Akbulut, and Murat Arsel -- The politics of energy in Turkey : running engines on geopolitical, discursive, and coercive power / Begüm Özkaynak, Ethemcan Turhan, and Cem İskender Aydın -- The contemporary politics of health in Turkey : diverse actors, competing frames, and uneven policies / Volkan Yılmaz -- Populism in Turkey : historical and contemporary patterns / Yüksel Taşkın -- Old and new polarizations and failed democratizations in Turkey / Murat Somer -- Economic voting during the AKP era in Turkey / S. Erdem Aytaç -- Party organizations in Turkey and their consequences for democracy / Melis G. Laebens -- The evolution of conventional political participation in Turkey / Ersin Kalaycıoğlu -- Symbolic politics and contention in the Turkish Republic / Senem Aslan -- Islamist activism in Turkey / Menderes Çınar -- The Kurdish movement in Turkey : understanding everyday perceptions and experiences / Dilan Okcuoglu -- The Transnational Mobilization of the Alevis of Turkey : from invisibility to the struggle for equality / Ceren Lord -- Politics of asylum seekers and refugees in Turkey : limits and prospects of populism / Fatih Resul Kılınç and Şule Toktaş -- A theoretical account of Turkish foreign policy under the AKP / Tarık Oğuzlu -- US-Turkey relations since WWII : from alliance to transactionalism / Serhat Güvenç and Soli Özel -- Turkey and Europe : historical asynchronicities and perceptual asymmetries / Hakan Yılmaz -- Turkey's foreign policy in the Middle East : an identity perspective / Lisel Hintz -- Turkey and Russia : historical patterns and contemporary trends in bilateral relations / Evren Balta and Mitat Çelikpala -- Citizenship and protest behavior in Turkey / Ayhan Kaya -- Gender politics and the struggle for equality in Turkey / Zehra F. Kabasakal Arat -- Human rights organizations in Turkey / Başak Çalı -- Truth, justice, and commemoration initiatives in Turkey / Onur Bakiner -- The politics of media in Turkey : chronicle of a stillborn media system / Sarphan Uzunoğlu -- The AKP's rhetoric of rule in Turkey : political melodramas of conspiracy from "ergenekon" to "mastermind" / Erdağ Göknar -- The transformation of political cinema in Turkey since the 1960s : a change of discourse / Zeynep Çetin-Erus and M. Elif Demoğlu -- Political music in Turkey : the birth and diversification of dissident and conformist music (1920-2000) / Mustafa Avcı.

Author:
Publisher: World Bank Publications
ISBN: 0821365843
Category : Business & Economics
Languages : en
Pages : 136

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Book Description
The persistent potential for large scale natural disasters has become a real concern for the Turkish government since the late 1990s, which ultimately led to the establishment of the Turkish Catastrophe Insurance Pool (TCIP). Among the main rationale of the creation of the TCIP were a grave government fiscal exposure to natural disasters and a disproportionately low level of catastrophe insurance penetration for such a disaster-prone country. Since the commencement of this program in 2000, the TCIP has provided coverage to more than 2 million households, being by far the largest insurance program in the country. In four years, the TCIP has managed to become one of the most trusted brand names in the Turkish insurance industry, and one of the largest catastrophe insurance pools in the world. Its success has also brought an international recognition, inspiring more than a dozen of countries world wide. The TCIP experience has also been a watershed for the World Bank as it has led to a rethinking of the roles of ex ante risk management relative to ex post donor support. This book presents the main technical imperatives and challenges in the development and the implementation of the TCIP and shows how a public-private partnership may be the way forward in the financing of natural disasters. If offers valuable advise and guidelines to policymakers involved in the development of catastrophe insurance programs.

Author: Harvard University, Cambridge, MA, USA John F. Kennedy School of Government
Publisher: Springer
ISBN: 1349112747
Category : Political Science
Languages : en
Pages : 289

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Book Description
Turkey stands at a crossroad after a decade of adjustment to its severe debt crisis in the late 1970s. This volume brings together a group of contributors who discuss the consequences of this transition and the likely pains for the future.

Author: G. Constantinides
Publisher: Elsevier
ISBN: 9780444513632
Category : Business & Economics
Languages : en
Pages : 698

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Book Description
Arbitrage, State Prices and Portfolio Theory / Philip h. Dybvig and Stephen a. Ross / - Intertemporal Asset Pricing Theory / Darrell Duffle / - Tests of Multifactor Pricing Models, Volatility Bounds and Portfolio Performance / Wayne E. Ferson / - Consumption-Based Asset Pricing / John y Campbell / - The Equity Premium in Retrospect / Rainish Mehra and Edward c. Prescott / - Anomalies and Market Efficiency / William Schwert / - Are Financial Assets Priced Locally or Globally? / G. Andrew Karolyi and Rene M. Stuli / - Microstructure and Asset Pricing / David Easley and Maureen O'hara / - A Survey of Behavioral Finance / Nicholas Barberis and Richard Thaler / - Derivatives / Robert E. Whaley / - Fixed-Income Pricing / Qiang Dai and Kenneth J. Singleton.

Author: Sumru Altug
Publisher: Psychology Press
ISBN: 9780415365925
Category : Business & Economics
Languages : en
Pages : 340

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Book Description
Including contributions from noted international scholars, this collection of papers provides a strong theoretical and empirical underpinning for the discussion of major public policy issues facing Turkey today. Matters addressed include:- determinants of growth and productivity- education and human capital accumulation- income inequality- corporate control and government- performance of the government sector- impact of major public policy issues on the future growth prospects of the Turkish economy.This volume relates the impact of major public policy issues on the future growth prospects of the Turkish economy. At a time when Turkey is currently attempting to gain membership to the European Union, this pertinent reference questions whether the country's economy is in fact ready for EU accession and membership.

Author: Pierre-Richard Ag??nor
Publisher: World Bank Publications
ISBN:
Category :
Languages : en
Pages : 119

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Book Description
This paper analyzes the effects of monetary policy and fiscal adjustment on output and unemployment in Turkey. The model on which the analysis is based accounts for rural-urban migration, a large urban informal sector, flexible exchange rates, a dollarized banking system, and interactions between default risk on government liabilities, credibility, and inflation expectations. The short- and long-run effects of a rise in official interest rates and tax increases are analyzed. The results highlight the importance of accounting for the link between default risk and credibility in understanding the real and financial effects of macroeconomic adjustment.

Author: John F. Kolars
Publisher: Routledge
ISBN: 1136230785
Category : Business & Economics
Languages : en
Pages : 158

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Book Description
First Published in 1967. This volume brings together four studies that seek to update the known images of the Ottoman Turks and of a Republican Turkey. For an understanding of present-day Turkey, the traditional sources are central, but they no longer stand alone or even unchallenged. Today, scholars are bringing the perspectives and tools of economics, sociology, anthropology, politics, cultural geography, and other social disciplines to the study of Turkey. Their findings are broadening and deepening knowledge concerning Turkey's history and her present position.

Author: Kevin Watkins
Publisher: Oxfam
ISBN: 9780855983185
Category : Social Science
Languages : en
Pages : 262

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Book Description
Fifty years ago, the United Nations Charter proclaimed universal rights to shared prosperity, peace, and security. How far has that vision of world citizenship been realised? Despite advances in human welfare and technology, there is today a growing polarisation between rich and poor. One in four of the world's people live in absolute poverty, unable to meet their basic needs; armed conflict is affecting millions of people; and the global environment is under threat. Yet there is a failure of political will to address the silent emergency of poverty. The Oxfam Poverty Report draws on Oxfam's experience of working in over 70 countries, to examine the causes of poverty and conflict. It identifies the structural forces which deny people their basic rights, and gives a wide range of examples of the ways in which men and women are bringing about positive change at every level, from the household to the international arena. Oxfam believes that it is time to renew the UN vision of universal basic rights. The Report concludes by proposing policy and institutional reforms which would transform international institutions and trading relations, and calls for a new commitment to work together to eradicate poverty and bring sustainable peace and security for all the world's people.

Author: Lucas Chancel
Publisher: Harvard University Press
ISBN: 0674273567
Category : Business & Economics
Languages : en
Pages : 267

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Book Description
World Inequality Report 2022 is the most authoritative and comprehensive account of global trends in inequality, providing cutting-edge information about income and wealth inequality and also pioneering data about the history of inequality, gender inequality, environmental inequalities, and trends in international tax reform and redistribution.