Author: | Donal Mr. McGettigan, Xavier Mr. Debrun, Mark Mr. Griffiths, Reza Mr. Moghadam, Ernesto Mr. Ramirez Rigo, Martin Mr. Schindler, Mats Mr. Josefsson, Cheng Lim, Christian Mr. Keller, Christoph Mr. Klingen, Chris Mr. Lane, Oya Celasun, Ashoka Mr. Mody, David Mr. Marston, Mathew Verghis | ISBN: | 9781451996609 |
Publisher: | INTERNATIONAL MONETARY FUND | Publication: | September 19, 2005 |
Imprint: | INTERNATIONAL MONETARY FUND | Language: | English |
Author: | Donal Mr. McGettigan, Xavier Mr. Debrun, Mark Mr. Griffiths, Reza Mr. Moghadam, Ernesto Mr. Ramirez Rigo, Martin Mr. Schindler, Mats Mr. Josefsson, Cheng Lim, Christian Mr. Keller, Christoph Mr. Klingen, Chris Mr. Lane, Oya Celasun, Ashoka Mr. Mody, David Mr. Marston, Mathew Verghis |
ISBN: | 9781451996609 |
Publisher: | INTERNATIONAL MONETARY FUND |
Publication: | September 19, 2005 |
Imprint: | INTERNATIONAL MONETARY FUND |
Language: | English |
The key policy challenge for Turkey in the years ahead will be to enhance and consolidate the advances made since the nation’s 2000-01 economic crisis. Higher growth could reduce unemployment and raise living standards toward European Union levels. This paper reviews Turkey’s policy performance in terms of growth, inflation, debt, fiscal and financial sector reform, and labor markets. The analysis assesses the effectiveness of macroeconomic stabilization and structural reforms since the crisis and provides guideposts for future policy.
The key policy challenge for Turkey in the years ahead will be to enhance and consolidate the advances made since the nation’s 2000-01 economic crisis. Higher growth could reduce unemployment and raise living standards toward European Union levels. This paper reviews Turkey’s policy performance in terms of growth, inflation, debt, fiscal and financial sector reform, and labor markets. The analysis assesses the effectiveness of macroeconomic stabilization and structural reforms since the crisis and provides guideposts for future policy.