OECD economic surveys : Turkey 2010.

Format:

Book

Author/Creator:

Organisation for Economic Co-operation and Development.

Series:

OECD economic surveys, 0376-6438 ; v. 2010/13

Language:

English

Subjects (All):

Turkey--Economic conditions.

Turkey.

Turkey--Economic policy.

Physical Description:

1 online resource (147 p.)

Place of Publication:

[Paris] : OECD Pub., 2010.

Language Note:

English

Summary:

This 2010 edition of OECD's periodical review of Turkey's economy examines sustaining the post-crisis recovery and mitigating future macroeconomic volatility, fostering sound integration with the global capital market, and regulatory reforms to unlock long-term growth.

Contents:

Table of contents; Executive summary; Assessment and recommendations; Chapter 1. After the crisis: ensuring sustained recovery and mitigating future macroeconomic volatility; Turkey was markedly affected by the 2008-09 recession; Recovery is in train and prospects for 2010-11 are brighter; Monetary and fiscal policy exit challenges; Mitigating risks of macroeconomic instability; Policy recommendations; Notes; Bibliography; Annex 1.A1. Explaining recent GDP dynamics; Annex 1.A2. Current account deficit and external debt simulations with accelerating domestic demand

Annex 1.A3. Empirical determinants of savingAnnex 1.A4. Recent trends of public finances; Chapter 2. Fostering sound integration with the global capital market; Turkey's terms of access to international capital markets have improved; Capital costs are declining; Macroeconomic and institutional credibility accelerates convergence; Credit ratings bear on international capital market standing; Other enhancements in international capital market status would bring additional benefits; Fostering sound integration with the global capital market; Policy recommendations; Notes; Bibliography

Annex 2.A1. Estimated models for EMBI spreads and credit ratingsAnnex 2.A2. Lessons from Turkey's past experience with multi-year fiscal planning; Annex 2.A3. Some challenges of comprehensive general government accounting according to recent experience; Annex 2.A4. Experience of OECD countries with fiscal policy councils; Chapter 3. Regulatory reforms to unlock long-term growth; Performance has been strong in the 2000s but the income gap remains large; Labour market reforms are indispensible; Product market regulations hold back productivity

Benefits of labour and product market reforms are largePolicy recommendations; Notes; Bibliography; Annex 3.A1. The impact of the 2003 labour law change on job creation; Annex 3.A2. Progress with structural reform: follow-up to OECD policy recommendations; Annex 3.A3. Illustrative long-term growth scenarios

Notes:

Also available in French.

Includes bibliographical references (p. 133-134).

ISBN:

1-282-79743-3

9786612797439

92-64-08305-7

OCLC:

670411662