The Record on Private Investment in Turkey

Tür:

Kitap Bölümü

Yazar:

Patrick Conway

Yayın yılı:

1990

Yayıncı:

Palgrave Macmillan UK

Dil:

en

Turkey since 1980 has been immersed in an extensive price-driven restructuring of its economy. Structural adjustment to improve economic efficiency and increase trade surpluses has been stimulated by adjustments in real interest and exchange rates. Given that the stimulus to the restructuring was the severe international debt crisis of 1978–80, the yardstick of short-term success has naturally been the improvement in export performance; this has in fact been striking. As the Turkish economy consolidates its gains from this strategy and settles into a sustainable pattern of economic growth, however, the volume and pattern of private investment becomes central to long-term success.KeywordsInterest RateReal Exchange RatePrivate InvestmentReal Interest RatePublic InvestmentThese keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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