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Turkey : 2018 / OECD.

OECD Global Available online

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Format:
Book
Contributor:
Organisation for Economic Co-operation and Development, contributor.
Series:
OECD Economic surveys (Series)
OECD Economic Surveys
Language:
English
Subjects (All):
Economic history.
Turkey--Economic conditions.
Turkey.
Turkey--Economic policy.
Physical Description:
1 online resource (122 pages).
Edition:
1st ed.
Place of Publication:
Paris : OECD Publishing, [2018]
Summary:
The Turkish economy bounced back strongly after the failed coup in July 2016 but going forward growth is set to be closer to potential. The exchange rate has depreciated considerably, inflation is high and so is the current account deficit. Growth has been overly dependent on consumption and.
Contents:
Intro
Basic statistics of Turkey, 2017
Executive summary
Key Policy Insights
Growth remained strong but imbalances increased
Rebalancing the economy and containing vulnerabilities
The business sector is dynamic but requires further upgrading to boost exports
Addressing external vulnerabilities
Keeping private credit and financial leverage in check
Macroeconomic policies
Resuming fiscal consolidation and containing contingent liabilities
Re-prioritisation of expenditures
Redesigning the tax and benefit system to foster inclusive growth
Restoring monetary policy credibility requires joint commitment
Structural policies
Promoting formalisation in the business sector
Improving institutions and upgrading the business environment
Key well-being challenges
Material living conditions have improved considerably
Vertical inequalities in well-being
Horizontal inequalities in well-being
Gender gaps
Regional gaps
Environmental challenges
Annex A. External debt sustainability analysis
1. Upgrading business investment
Turkey's capital stock is low but rising
R&amp
D expenditures have increased but call for more supportive conditions
Consolidating the digitalisation momentum
Reviving foreign direct investment
Investment dynamics differs across business types
Very small, largely informal businesses
Medium-sized family firms
Large, stock-market listed firms
Skilled start-ups
Diversifying and strengthening the financing of investment
A three-pronged structural upgrading is in order to strengthen investment
Annex 1.A. Modelling investment
Annex 1.B.The drivers of investment at firm level
References.
Notes:
Description based on print version record.
Description based on publisher supplied metadata and other sources.
ISBN:
92-64-30327-8
OCLC:
1225555054

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