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This book presents an in-depth case study of thirteen individuals who moved away from terrorist activity in Turkey. Setting their life stories in the context of political violence in support of Kurdish independence and a leftist revolution, and the response of the Turkish state, the book examines how the individuals were motivated to become involved in terrorism, how they participated, why they became disillusioned, and above all how they coped with the difficult process of disengagement. The book then draws out general lessons on how individuals can be encouraged to move away from terrorism

This book presents an in-depth case study of thirteen individuals who moved away from terrorist activity in Turkey. Setting their life stories in the context of political violence in support of Kurdish independence and a leftist revolution, and the response of the Turkish state, the book examines how the individuals were motivated to become involved in terrorism, how they participated, why they became disillusioned, and above all how they coped with the difficult process of disengagement. The book then draws out general lessons on how individuals can be encouraged to move away from terroris.

Overall, the Customs Union (CU) has had a positive impact on Turkish economy. Through an increase in import penetration, the CU increased the competitive pressure on Turkish manufacturing industry, forcing it to improve productivity in the long-run. It also contributed to the transformation of the Turkish economy through the implementation of a competition policy. With increased productivity and competitiveness, the manufacturing industry was able to weather the storm during the 2001 economic crisis and in the wake of China's entry into world export markets. However, following the successful initial adaptation phase and the significant changes in the European Union's trade policy framework towards preferential trade agreements, the CU has recently started to generate some strains on Turkish trade. Adapted from the source document.

This article focuses on the customs union (CU) already in effect for almost a decade and a half now and links the impact of the CU with the sources of support as well as resistance within Turkey to further integration with the EU. Overall the CU had a positive impact on Turkish economy through improved productivity in manufacturing industries. While the increased import penetration after the CU increased the competitive pressure on several industries in the short run, this short-run impact helped them improve productivity in the medium- to long-term. The CU also led to significant improvements in the implementation of competition policy with additional positive effects on Turkish economy. With increased productivity and competitiveness manufacturing industries was able to weather the storm during 2001 economic crisis and in the wake of Chinese entry to world export markets. However, following the successful initial adaptation phase and the significant changes in the EU's trade policy framework towards preferential trade agreements, the CU has started to generate some strains on Turkish trade.

This paper provides a dynamic analysis of the responsiveness of asset markets to monetary policy path revisions. In an era of increased transparency and gradualism in policy making, one might expect an increased response to path revisions in asset markets as the policy actions become more predictable over longer horizons. Using federal funds futures contracts to extract near-term path revisions, we find that the responsiveness of Treasury securities to path revisions is significantly asymmetric, increasing during cycles of tightenings and declining during easings. This is consistent with the earlier literature that documents asymmetric effects of monetary policy on output.

This paper analyzes the changes in the structure of trade as well as the developments in the capital account of Turkey since mid-1990s and discusses the possible composition of trade flows and Turkey's attractiveness for international capital inflows in the near future. Analysis of the long-term performance of Turkish exports and imports reveals that the efforts to increase exports were successful only to a certain degree. The country's large trade deficit with the rest of the world accumulates over time and frequently ends up with a crisis which automatically reduces the trade deficit by reducing the imports. Since 2001 the transformation of exports from the low-tech products to medium-tech and to a certain degree high-tech products has taken place. While this transformation helped bring the trade deficit with the EU down, it contributed to the widening of trade deficit vis-à-vis the Asian countries and oil exporters. The initiation of the EU accession talks in 2005 invigorated the expectations for a more rapid and consistent implementation of the rules and regulations that ensure a level playing field for all companies, domestic and foreign, alike. The EU accession process enabled Turkey to attract record levels of FDI inflows. Almost all of the FDI inflows over the last four years have been composed of mergers and acquisitions, and directed mostly to service sectors and the real estate. From a longer term growth perspective Turkey needs to attract greenfield investments, especially in the manufacturing industries. In order to put Turkey in international producers' networks the current investment environment should further be improved by the implementation of long-delayed microeconomic structural reforms as well as judicial and legal reforms.

This paper aims to contribute to the extensive study of the World Bank Commission on Growth and Development by a case study of the Turkish automotive and the consumer electronics industries. Despite a macroeconomic environment that inhibits investment and growth, both industries have achieved remarkable output and productivity growth since the early 1990s and played a critical role in generating employment and fostering growth. Although there are similarities between the performances of automobile and consumer electronic industries, there seems to be significant differences between their structures, links with domestic suppliers, technological orientation and modes of integration with the global economy. The automobile industry is dominated by multinational companies, has a strong domestic supplier base, and has seized the opportunities opened up by the Customs Union by investing in new product and process technology and learning. The consumer electronics industry is dominated by a few, large domestic firms, and has become competitive in the European market thanks to its geographical proximity, productive domestic labor, and focus on a protected and technologically mature CRT color television receivers segment of the marker, which also helps explain the recent decline in industry's fortunes. It is without doubt that these industries could have performed even better had governments in Turkey adopted more responsive macroeconomic policies. It is certain that governments could be more responsive only if far-reaching political/institutional reforms are undertaken by changing the Constitution, and current political party and election laws in order to establish public control over the political elites.