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Notes on the Current Development Problems and Growth Prospects of the Turkish Economy

Published online by Cambridge University Press:  21 July 2015

Oktar Türel
Affiliation:
Turkish Social Sciences Association, Ankara, and formerly University of Ankara, Faculty of Political Sciences; and Middle East Technical University, Department of Economics, Ankara.

Extract

It is the aim of these notes to make a balance sheet of the development problems which Turkey is currently facing and to assess medium-term growth prospects for the Turkish economy. Such a balance sheet necessitates a retrospective look into the recent past, in which a distinction should be made between the pre- and post-1980 periods since it was early in 1980 that a major reorientation of economic policies into an orthodox “structural adjustment” line took place. Hence we investigate roughly two seven year periods covering 1973-79 and 1980—86 (with more emphasis on the second period), being fully aware that with respect to certain variables the year 1980 may not always serve as a dividing line.

Type
Articles
Copyright
Copyright © New Perspectives on Turkey 1988

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References

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