Turkey - Country Economic Memorandum : Towards Macroeconomic Stability and Sustained Growth, Volume 1. Summary Report
This report addresses key questions facing Turkish policymakers: how to sustain the economic recovery that began in 2002 following the deep crisis of 2001, how to ensure disinflation and public debt sustainability, and how to foster broad-based and...
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| Language: | English en_US |
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Washington, DC
2013
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| Online Access: | http://documents.worldbank.org/curated/en/2003/07/2487272/turkey-country-economic-memorandum-towards-macroeconomic-stability-sustained-growth-vol-1-3-summary-report http://hdl.handle.net/10986/14625 |
| Summary: | This report addresses key questions
facing Turkish policymakers: how to sustain the economic
recovery that began in 2002 following the deep crisis of
2001, how to ensure disinflation and public debt
sustainability, and how to foster broad-based and equitably
distributed growth in the future. After a brief review of
the 2001 crisis and the Government response, the report
analyzes the economic opportunities and challenges facing
Turkey, and identifies policies to build on the economic
recovery which began in 2002. The CEM develops a
comprehensive four-point agenda for sustainable and more
equitably distributed growth. The agenda encompasses: (i)
macroeconomic stability, (ii) effective government, (iii)
improved business environment, and (iv) stronger social
policies. The report closes with medium-term macroeconomic
projections to illustrate Turkey's prospects under a
scenario of sustained reform and to highlight the risks to
growth and macroeconomic stability should the economic
program go off track. |
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