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Transition to the Regulatory State in Turkey: Lessons from Energy

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  • Tamer Četin
  • Feridun Yilmaz

Abstract

Turkey has recently reshaped its own institutional structure by establishing Independent Regulatory Agencies (IRAs). However, the political authority has not desired to delegate the political property rights to IRAs. Although IRAs is de jure established, the political conflicts occuring during the evolution of the traditional-patrimonial state to the regulatory state de facto impede IRAs to institutionalize. This paper observes recent policy changes during the transition and lessons from the energy regulation in Turkey. So, the paper reveals whether the change in the regulatory institutional structure of Turkey is an effective policy in terms of transition to the institutions of capitalism.

Suggested Citation

  • Tamer Četin & Feridun Yilmaz, 2010. "Transition to the Regulatory State in Turkey: Lessons from Energy," Journal of Economic Issues, Taylor & Francis Journals, vol. 44(2), pages 393-402.
  • Handle: RePEc:mes:jeciss:v:44:y:2010:i:2:p:393-402
    DOI: 10.2753/JEI0021-3624440211
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    References listed on IDEAS

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    1. Pablo T. Spiller, 2003. "The Institutional Foundations of Public Policy: A Transactions Approach with Application to Argentina," Journal of Law, Economics, and Organization, Oxford University Press, vol. 19(2), pages 281-306, October.
    2. C. Emre Alper & Ziya Onis, 2002. "Soft Budget Constraints, Government Ownership of Banks and Regulatory Failure: The Political Economy of the Turkish Banking System in the Post-Capital Account Liberalization Era," Working Papers 2002/02, Bogazici University, Department of Economics.
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    4. Aykut Kibritcioglu, 2004. "Economic Crises and Governments in Turkey, 1969-2001 (Turkiye'de Ekonomik Krizler ve Hukumetler, 1969-2001)," Macroeconomics 0401008, EconWPA.
    5. Gul Sosay & Unal Zenginobuz, 2007. "Independence and Accountability of Regulatory Agencies in Turkey," Working Papers 2007/17, Bogazici University, Department of Economics.
    6. Fabrizio Gilardi, 2008. "Delegation in the Regulatory State," Books, Edward Elgar Publishing, number 12818.
    7. Olson, Mary K, 1999. "Agency Rulemaking, Political Influences, Regulation, and Industry Compliance," Journal of Law, Economics, and Organization, Oxford University Press, vol. 15(3), pages 573-601, October.
    8. repec:mes:jeciss:v:38:y:2004:i:1:p:1-27 is not listed on IDEAS
    9. Cetin, Tamer & Oguz, Fuat, 2007. "The politics of regulation in the Turkish electricity market," Energy Policy, Elsevier, vol. 35(3), pages 1761-1770, March.
    10. Ha-Joon Chang, 2002. "Breaking the mould: an institutionalist political economy alternative to the neo-liberal theory of the market and the state," Cambridge Journal of Economics, Oxford University Press, vol. 26(5), pages 539-559, September.
    11. Cetin, Tamer & Oguz, Fuat, 2007. "The reform in the Turkish natural gas market: A critical evaluation," Energy Policy, Elsevier, vol. 35(7), pages 3856-3867, July.
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