Economic Policies, Institutional Change, and Economic Growth since 1980

Şevket Pamuk

Chapter 2 in Turkish Economy at the Crossroads:Facing the Challenges Ahead, 2020, pp 1-36 from World Scientific Publishing Co. Pte. Ltd.

Abstract: The following sections are included:IntroductionTwo Cycles since 1980First Phase of the First Cycle: Adoption of Washington Consensus Policies (1980–1987)Second Phase of the First Cycle: Return of Political and Economic Instability (1988–2002)Crisis and Another ProgramCustoms Union and the EU CandidacyFirst Phase of the Second Cycle: Early AK Parti Years (2003–2007)Second Phase of the Second Cycle: Political and Economic Deterioration (2008–2018)ConclusionReferences

Keywords: Turkish Economy; Emerging Markets; Capital Flows; Macroeconomic Imbalances; Chronic Inflation; External Deficits; Sudden Stops; Financial Liberalization; Fiscal Stabilization; Middle Income Trap; Productivity-Led Growth; Inclusive Growth; Structural Transformation; Labor Market; Female Employment; Turkey–EU; Populism (search for similar items in EconPapers)
JEL-codes: N15 O11 O2 (search for similar items in EconPapers)
Date: 2020
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