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The Economic Transformation of Turkey : a New Era of Governance ?

The Turkish economy has traditionally been characterized by high
volatility with periods of significant growth followed inevitably by
deep recessions. This volatility has been essentially due to a problem of
political governance. The last crisis of 2001 provided the necessary
impetus for reforming governance structures. The economy responded
positively and Turkey has entered a period of sustained growth. In the
long term, economic growth in Turkey will be fueled by the openness
of the economy, positive demographic factors and productivity levels
which compare favorably with the countries of Central and Eastern
Europe. The main challenge will, however, be one of structural transformation
addressing the dual structure of the economy and reducing
the weight of agriculture.The role of the EU will be essential as an
anchor helping to consolidate the reforms and to pave the way for a
sustainable and high growth pattern. The EU will also benefit from a
Turkey that has become a regional engine of growth.

français

Référence électonique : Sinan ÜLGEN, "The Economic Transformation of Turkey : a New Era of Governance ?", Pouvoirs, revue française d’études constitutionnelles et politiques, n°115, 115 - La Turquie, p.87-99 . Consulté le 2019-09-22 04:00:46 . URL : https://revue-pouvoirs.fr/The-Economic-Transformation-of.html