When Derviş became Turkey’s minister of economic affairs in March 2001, after a 22-year career at the World Bank, the country was facing its worst economic crisis in modern history and prospects for success were uncertain. Derviş used his independence from domestic vested interests and support of domestic reformers and civil society to push through a tough stabilization program with far-reaching structural changes and sweeping bank reforms that protected state banks from political use. Derviş also strengthened the independence of the central bank and pushed through deep structural reforms in agriculture, energy and the budget process.