Turkey at the Crossroads: From Crisis Resolution to EU Accession

Business & Finance, Economics, Public Finance, Finance & Investing, Banks & Banking, Macroeconomics
Cover of the book Turkey at the Crossroads: From Crisis Resolution to EU Accession by 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, INTERNATIONAL MONETARY FUND
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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.

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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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