Some Observations on the Convergence Experience of Turkey
Murat Üngör
Comparative Economic Studies, 2014, vol. 56, issue 4, 696-719
Abstract:
We explore some aspects of the convergence process of Turkey and provide some international comparisons tracking the changes in per capita income figures. Turkey lost ground in the last few decades (1977–2001) of the twentieth century. After the lost decades, Turkey had high growth rates during 2002–2007. We argue that the rate of productivity growth will be an important factor for Turkey to converge to per capita income levels in developed countries. Our investigation with different countries and country groups provides motivation for rendering possible comparisons of the similarities between Turkey and Latin America.
Date: 2014
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