OECD's 2012 survey of Turkey's economy examines recent economic developments, policies, and prospects and takes a more detailed look at real exchange rates and competitiveness and structural reforms and growth.
Table of contents:
Executive summary Key policy recommendations Assessment and recommendations. -Turkey’s vigorous post-crisis recovery has drawn heavily on foreign saving -The macroeconomic outlook appears relatively favourable, with risks on both sides -Putting growth on a more balanced path -Future growth performance will be shaped by structural policy choices -Bibliography -Annex A1. Past OECD recommendations on Turkey’s structural reform priorities and related national actions and plans Chapter 1.Tackling external and domestic macroeconomic imbalances -Bringing down the current account deficit and financing it better -Policy options to reduce the current account deficit and inflation -Conclusions -Bibliography -Annex 1.A1. The real exchange rate and the current account -Annex 1.A2.Empirical analysis of inflation expectations in Turkey Chapter 2. Structural reforms to boost long-term growth -More and better jobs -Boosting productivity growth -Conclusions -Bibliography -Annex 2.A1. Long-term growth scenarios