@mastersthesis{go97,
            year = {2014},
           title = {The Economic Impact of Financial Liberalization in Turkey: Channels of Banking Sector and Foreign Direct Investment},
            note = {Dissertation Supervisor: Alan Lynch},
          author = {Emre Altinova},
          school = {Griffith College},
             url = {http://go.griffith.ie/97/},
        keywords = {Banking sector, Turkey, Financial liberalization},
        abstract = {It is obvious that liberalization affects countries either negatively or positively. In order to receive benefits from it, it should be controlled efficiently. Therefore, this research examines economic impact of financial liberalization in Turkey through the channels of Banking sector and FDI. As, Turkey liberalized at 1980, the economy enhanced compared to the earlier years. However, there were some financial shocks due to inadequate extraversion and financial fragility that is investigated in this research. Banks is the driving factor of the economy according to the study due to positive interest rates led them the strongest link in the financial sector. FDI affects economy positively with providing employment, know-how and technology. In the last decade, Turkey received huge inflows but the economic growth could not be directly correlated with it. Overall, findings suggests that, there is a positive correlation with liberalization and economic growth if liberalization controlled effectively.}
}