Price: £37.00 ISBN: 9789264045552
Publisher: OECD
Format: Printed + Free PDF
Pages: 164
| Turkey - Volume 2008 Issue 14
Series: OECD Economic Surveys
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This 2008 edition of OECD's periodic survey of Turkey's economy examines new challenges facing the Turkish economy including shifting to a pro-growth fiscal policy, monetary policy and inflation, and enhancing competitiveness by fostering the growth of the formal sector. This publication includes StatLinks, URLs linking tables and charts to Excel® spreadsheet versions via the internet.
Table of contents:
Executive Summary
Assessment and Recommendations
Chapter 1. New Challenges Facing the Turkish Economy
-A New Era of Macroeconomic Stabilisation and Growth Acceleration
-The Challenges of Sustaining Higher Growth
-The Economy has Significantly Strengthened since 2001
-Structural Weaknesses Slow Down the Catching-Up Process
-Fiscal Reforms
-Monetary Policy
-Structural Reforms to Strengthen the Business Sector
-Annex 1.A1. Selected Recommendations of the 2006 Economic Survey and National Follow-Ups
-Annex 1.A2. Gross External Debt Sustainability: Methodology and Assumptions
-Annex 1.A3. Estimating Sovereign Credit Ratings for Emerging Markets
Chapter 2. Shifting to a Pro-Growth Fiscal Strategy
-Despite Past Achievements, Much Remains to be Done
-Reviewing the Appropriate Fiscal Policy Stance and Anchor
-Spending Reform Challenges
-Tax Reform Challenges
-Conclusions
Annex 2.A1. Net Public Debt Sustainability Scenarios: Methodology and Assumptions
-Annex 2.A2. Education Performance - Turkey in International Comparison
-Annex 2.A3. Health Performance - Turkey in International Comparison
-Annex 2.A4. Long-Term Baseline Fiscal Projections, 2005-2035
Chapter 3. Monetary Policy: Facing the Challenges
-The Past History of High and Chronic Inflation
-Post 2001 Disinflation
-Recent Inflation Inertia
-The Structural Dilemma of Economic Policy
-Policy Recommendations
Annex 3.A1. Experiences of Other Middle-Income Countries with Capital Inflows: Lessons for Turkey
Chapter 4. Enhancing Competitiveness by Fostering the Growth of the Formal Sector
-Performance Divergences in the Business Sector Have Weakened
-The New Government Agenda to Strengthen the Business Sector
-Two Top Priorities in Facilitating the Growth of the Formal Sector
-Managing Transition from Informality to Formality
-Summary of Recommendations
Glossary
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