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Table of contents Executive summary Key policy recommendations Assessment and recommendations Turkey’s vigorous post-crisis recovery has drawn heavily on foreign saving Figure 1. Turkey’s performance has been strong, but imbalances have emerged Figure 2. Strong employment performance Figure 3. Private demand has been fuelled by credit Figure 4. External competitiveness affected performance The macroeconomic outlook appears relatively favourable, with risks on both sides Table 1. Short-term economic outlook Putting growth on a more balanced path Figure 5. Public and private saving and investment Monetary policy Figure 6. Inflation since 2001 Figure 7. Inflation and monetary policy Box 1. Monetary policy recommendations Fiscal policy Figure 8. Fiscal performance remains robust Box 2. Fiscal policy recommendations Financial sector policies Figure 9. Capital adequacy is high but EMBI spreads have increased Box 3. Financial policy recommendations Future growth performance will be shaped by structural policy choices Table 2. Long-term growth scenarios Reforming labour markets and advancing formalisation Figure 10. The structure of employment is still weak Figure 11. Labour productivity a
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Common subject areas: history, science, philosophy, social sciences.
- Author
- Oecd Organisation for Economic Co-operation and Development
- Publisher
- Oecd Publishing
- Published
- 2012
- Language
- EN
- ISBN
- 9789264127968
- Category
- nonfiction
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