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During the last two decades, Turkey implemented a number of structural adjustment programmes, and changed the economic structural priorities from agriculture to manufacturing sectors. However, agricultural sector has still remained as the most important sector in terms of employing almost 29.5%...
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The aim of the paper is to examine the effects on employment of the large-scale structural adjustment programme undertaken by Turkey from the early 1980s onwards. In this respect, we particularly analyse how appropriate the choices of factor intensity after structural adjustment programme have...
Persistent link: https://www.econbiz.de/10005701457
The empirical results of the paper show that the private fixed capital accumulation in Turkey is constrained by the demand constraint and the availability of financial resources. The significance of the liquidity variable clearly points out that credit policy and accommodating monetary policy...
Persistent link: https://www.econbiz.de/10011051513
Despite its recent growth performance, the Turkish economy has been experiencing current account imbalances, and has so far been able to continue these imbalances without jeopardizing economic growth. However, recent uncertainties in the world economy have urged policy makers to control these...
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