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- W2753314336 abstract "The Turkish economy has faced periodic economic crises since the 1990s, including three major crises between 1990 and 2001. The causes of these crises were based on domestic and international macroeconomic instabilities. In the aftermath of the 2001 crisis Turkey implemented the Transition to the Strong Economy Program within the framework of an agreement with the IMF and stabilized macroeconomic indicators through tight monetary and fiscal policies. Nonetheless, the turmoil in the United States’ financial markets in 2007 evolved into a global crisis which significantly affected Turkey. The fact that Turkey had a better growth trend compared to many other countries in 2010 points to the success of its reforms after the 2001 crisis, although chronic unemployment and current deficit issues indicate the necessity of addressing structural problems with respect to this economic growth. In the next few years Turkey needs to rapidly implement reforms, particularly in its industrial sector, to cope with these issues." @default.
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- W2753314336 date "2012-03-17" @default.
- W2753314336 modified "2023-09-25" @default.
- W2753314336 title "RESEARCH: THE TURKISH ECONOMY AND THE GLOBAL CRISIS" @default.
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