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Turkish Economy: Between Middle Income Trap and High Income Status
Paperback
EconomicsGeneral Political Science
ISBN13: 9783030099534
Publisher: Palgrave Macmillan
Published: Jan 24 2019
Pages: 419
Weight: 1.15
Height: 0.89 Width: 5.83 Depth: 8.27
Language: English
The growth of the Turkish economy in the 2000's was based on two integrated fundamental factors: fixing deteriorating dynamics and implementing further reforms to stimulate economic activity. This basic formula led to pleasing rates of economic growth, fuelled particularly by domestic private investments along with revived consumption and exports. Driven by political stability established by single party governments in the post-2002 period, an improved economic outlook helped Turkey enjoy record levels of foreign investment, adding momentum to its growth story.
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