Turkish Banking: Banking Under Political Instability and Chronic High Inflation (Palgrave Macmillan Studies in Banking and Financial Institutions)

Alongside the successful IMF-led disinflation program, the potential start of negotiation talks for Turkey's membership of the European Union is likely to intensify the interest of foreign investors in Turkey's economy. This book explores the evolution and performance of the Turkish banking sector. In particular, the repercussions of overall economic structure, financial crises and political instability on its financial sector are analyzed. Further, the prospects for the future of banking sectors in the context of ongoing economic restructuring and EU integration are scrutinized.