Assessment of Privatization in Turkey

This study comprehensively evaluates and asses the privatization in Turkey for the period 1985-2007. The following topics have been analyzed: Historical background of State Economic Enterprises (SEEs) in Turkey, institutional and legislative background of privatization in Turkey, institutional frame of privatization process in Turkey, auditing process of privatization in Turkey, purpose and philosophy of privatization, employees of Privatization Administration, privatization procedure, privatization methods, assessment procedure of privatization, SEEs included in the privatization portfolio in 2007, privatization receipts and expenditures between 1985 and 2007, and impact of privatization on labor at privatized SEEs. Additionally, oppositions and resistance are discussed and evaluated for the mentioned time period. The main conclusion of this study is that the privatization process in Turkey has been successful during the recent years due to adequate legislative regulations, macroeconomic stability, and political stability.