Description

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.

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Taxonomy

Debt , Economic policy , Fiscal policy , Inflation , Monetary policy

More publications in this series: Occasional Papers

More publications by: Donal McGettigan ; Xavier Debrun ; Mark E L Griffiths ; Reza Moghadam ; Ernesto Ramirez Rigo ; Martin Schindler ; Mats Josefsson ; Cheng Hoon Lim ; Christian Keller ; Christoph Klingen ; Chris Lane ; Oya Celasun ; Ashoka Mody ; Dewitt Marston ; Mathew A Verghis