Turkey and Central and Eastern European Countries in Transition: Towards Membership of the EU

This book offers a comparative study of the Central and Eastern European and Turkish economies that analyzes 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.

Author Biography: S. Togan is Professor of Economics and Director, Centre for International Economics, Bilkent University, Turkey.

Author Biography: V. N. Balasubramanyam is Professor of Development Economics, Lancaster University.