Turkish Polıtıcs Deneme Sınavı Sorusu #1122794
Which of the following were among important structural changes in terms of shift to a market economy in 1980s?
I. Abolition of the law of protection of the Turkish Lira
II. introduction of Capital Market Law
III. Liberalization of foreign exchange operations and international capital
IV. Increasing the autonomy of the Central Bank and the Treasury from political interventions
Only I and II |
Only I, III and IV |
Only II and III |
Only I, II and III |
I, II, III and IV |
The most important structural changes in terms of the shift to a market economy were the abolition of the law of protection of the Turkish Lira (1990), the introduction of Capital Market Law (1981) which envisaged the reopening of the Istanbul Stock Exchange and the establishment of the Capital Market Board (1985), the liberalization of foreign exchange operations and international capital (1989), liberalization of the banking sector (1990), increasing the autonomy of the Central Bank and the Treasury from political interventions. Thus, the answer is E.
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