Bogazici

The European Union’s (EU) financial assistance is an important instrument to use in preparing Candidate Countries (CCs) for membership. The EU’s financial assistance programs are implemented under the Decentralized Implementation System (DIS) in CCs. Building up an adequate institutional capacity during the accession period is of high importance for the effective use of the available resources and also for preparing the countries for their full absorption capacity of the EU’s Structural and Cohesion Funds. The experiences and best practices obtained during the implementation of previous accession programs provide valuable lessons for the CCs. Experience shows that the financial allocations may not be used fully by the beneficiary countries because of many different reasons such as a complex implementation system, excessive controls, too much eligibility criteria and inadequate administrative capacity. Considerable attention is therefore devoted to analyzing and improving the perform...

In 2009, the Competition Authority (CA) in Turkey penalized 27 broiler chicken produc-ers for agreeing to restrict supply and controlling prices, hence forming a cartel. The CA based its punishment decision on communication records among major broiler chicken producers, using raw price series and without any statistical or econometric analysis. In this research, time-series methods are employed to test directly for the presence of market power along the supply chain in the poultry sector for both demand and supply sides. The findings show that the retail price behavior in the poultry supply chain in Turkey is consistent with an oligopolistic market structure.

Generational Accounting (GA), developed by Auerbach. Gokhale and Kotlikoff (1991) is an alternative and dynamic method employed in measuring the impact of existing fiscal policies on current and future generations. In contrast to the traditional and static measures of fiscal sustainability, GA method reveals the intergenerational distribution of tax burden and helps identifying the policies that can alleviate the generational imbalance. This paper constructs and presents the first set of generational accounts for Turkey in an attempt to measure the generational gap and compare the Turkish intergenerational fiscal outlook to a number of developed and developing countries. Findings in the paper suggest that there exists a 24.3% fiscal imbalance to the disadvantage of future generations in Turkey. Several hypothetical policy experiments have been implemented in the paper to achieve the generational balance in Turkey.