Turkey and Central and Eastern European Countries in Transition

A-MER ALTAY Director, General Directorate for Research, The Central Bank, Ankara TUGRUL ARAT Director, General Directorate for EC Affairs, State Planning Organization, Prime Ministry, Ankara ISMAIL ARSLAN Economist, The World Bank Resident Mission, Ankara IZAK ATIYAS Department of Economics, Bilkent University, Ankara ERDEM BASCI Department of Economics, Bilkent University, Ankara CEVDET DENIZER Economist, Research Department, The World Bank, Washington, D.C. DAVID GREENAWAY University of Nottingham NURKUT INAN Professor of Law, University of Ankara ALI KARAOSMANOGLU Professor of International Relations, Bilkent University, Ankara R.SHYAM KHEMANI Manager of Business Environment, Private Sector Development Department, The World Bank, Washington, D.C. STEVE LEYBOURNE University of Nottingham STILPON NESTOR Head of Unit Privatisation and Private Sector Development, OECD, Paris GAMZE A-Z DAVID SAPSFORD Professor of Economics, Lancaster University NICHOLAS SNOWDEN Professor of Economics, Lancaster University TURGUT TAN HIKMET ULUGBAY Member of Parliament, Ankara C. YILDIRIM OSMAN ZAIM

This book offers a comparative study of the Central and Eastern European and Turkish economies that analyses the implications of EU enlargement. They assess the benefits of following prudent monetary and fiscal policies together with appropriate competition, trade and foreign direct investment policies in Turkey and Central and Eastern Europe.This book offers a comparative study of the Central and Eastern European and Turkish economies that analyses the implications of EU enlargement. The contributors discuss issues related to the creation of a legal infrastructure that encourages entrepreneurial initiative, fair competition, market forces and investor confidence. They assess the benefits of following prudent monetary and fiscal policies together with appropriate competition, trade and foreign direct investment policies in Turkey and Central and Eastern Europe.