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Among the OECD countries, Turkey figures as a comparative latecomer to regulatory reform. Yet, there is a crucial need for it. Over the last three decades, the Turkish economy has suffered from macroeconomic instability and chronic inflation, with implications for both investment and growth. Governance and regulatory structures remained weak and contributed also to the 2001 economic crisis. Nonetheless, this review notes the highly encouraging efforts currently being undertaken to reform key economic sectors, the public administration and the regulatory framework. These developments appear to mark a fundamental break with the past. Important elements, such as a clear competition policy, are already in place. Fighting corruption, among other measures, is high on the policy agenda, and constitutional amendments are reshaping the relationship between citizens and the state. The "depoliticisation" of the public sector and its renewal on a merit basis is underway. Future success will depend crucially on the continuing implementation of the programme. In particular, sustained political commitment is required well beyond the recovery from the recent crisis. Turkey is one of many OECD countries to request a review by the OECD of its national regulatory practices, and reforms. This review presents an overall analysis and assessment, set within a macroeconomic context, of regulatory achievements and challenges including the quality of the public sector, competition policy and market openness. Its special focus is on regulatory progress in the electricity, gas, road freight transport and telecommunications sectors. The background material used to prepare this report is available at: www.oecd.org/regreform/backgroundreports In the same series: Regulatory Reform in Canada Regulatory Reform in the Czech Republic Regulatory Reform in Denmark Regulatory Reform in Greece Regulatory Reform in Hungary Regulatory Reform in Ireland Regulatory Reform in Italy Regulatory Reform in Japan Regulatory Reform in Korea Regulatory Reform in Mexico Regulatory Reform in the Netherlands Regulatory Reform in Poland Regulatory Reform in Spain Regulatory Reform in the United Kingdom Regulatory Reform in the United States OECD Report on Regulatory Reform: Synthesis, and the supporting two-volume OECD Report on Regulatory Reform: Sectoral and Thematic Studies, published in 1997.
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