İÇİNDEKİLER
About The Author 7 Preface 9 PART ONE THE THEORY OF PRIVATIZATION I. AN INTRODUCTION TO THE THEORY OF PRIVATIZATION 19 A. Introduction 19 B. The Concept Of Privatization 20 1. Narrow Meaning of Privatization: Denationalization 20 a. Timing and Planning of the Denationalization Process 21 b. Priority Problem 21 c. Other Problems 23 2. Broad Meaning of Privatization 25 a. Contracting-Out 26 b. Franchising 28 c. Deregulation and Decontrol 30 d. User Charges 30 e. Grant System 32 f. Voucher System 34 g. Management Contract 35 h. Leasing 40 i. Joint Venture 40 j. Build-Operate-Transfer (BOT) System 42 k. Delivery by Non-Profit Organizations 43 C. Conclusion 44 References 45 II. INTELLECTUAL ORIGINS OF PRIVATIZATION 47 A. Introduction 47 B. Adam Smith's View On Privatization 48 C. Contemporary Economic Thoughts and Privatization 50 D. Concluding Remarks 60 References 63 A. Inroduction 63 B. The Objectives Of Privatization 63 References 69 IV. A NORMATIVE ANALYSIS OF PRIVATIZATION: WHICH PUBLIC GOODS SHOULD BE PUBLIC/PRIVATE? 71 A. Introduction 71 B. Background For The Theory Of Public Goods 71 C. Alternative Delivery Methods Of Public Goods 78 D. Concluding Remarks 80 References 82 V. REGULATION AND CONTROL VS. DEREGULATION AND DECONTROL 83 A. Introduction 83 B. The Concepts Of Regulation/ Deregulation And Control/ Decontrol 83 C. The Rationale For Regulation and Control 83 D. The Costs Of Regulation and Control 85 E. Conclusion 91 References 93 PART TWO THE TURKISH EXPERIENCE OF PRIVATIZATION VI. TURKEY: FROM INWARD-ORIENTED ETATISM TO OUTWARD-LOOKING LIBERAL STRATEGY 97 A. Introduction 97 B. The History Of Economic Development 97 1. January 24, 1980 Measures 109 2. Major Free Policies Implemented in the Post 1980 Era 110 a. Privatization and Deregulation 111 b. Deregulation in Banking 113 c. Foreign Exchange Policy 114 d. Foreign Trade Policy 115 e. Foreign Investment Policy 116 C. Conclusion 117 References 118 VII. PUBLIC ECONOMIC ENTERPRISES IN TURKEY 121 A. Introduction 121 B. Institutional Framework Of Public Economic Enterprises 121 C. The Main Problems With The PEEs 124 E. Conclusion 129 References 131 VIII. THE PRIVATIZATION OF PUBLIC ECONOMIC ENTERPRISES IN TURKEY 133 A. Introduction 133 B. Privatization Policy 133 1. Background 133 2. Origins of the Turkish Privatization Program 134 3. Legal-Institutional Framework 136 4. Privatization Procedure in Turkey 138 5. Privatization Methods 141 6. Value Assesment and Tender Methods 141 6. Implementation: 1985-2004 143 7. Barriers and the Generic Issues 147 a. Pre-Privatization Issues 148 b. Issues at the Privatization Process 149 c. Post-Privatization Issues 149 8. Lessons 149 C. Conclusion 151 References 152 |