Turkey Economic Overview Analytical Essay by Top Papers

Turkey Economic Overview
An overview of the Turkish economy and inflation in the 1980s and later.
# 131133 | 1,000 words | 2 sources | 2006 | US
Published on Dec 01, 2006 in Accounting (Financial) , Political Science (Political Theory) , Economics (General)


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Description:

In this article, the writer provides an overview of the economy in Turkey and maintains that the Turkish economy was not fully liberalized until the early 1980s. The writer discusses effects of liberalization strategies in turkey in the 1980s. The writer maintains that these strategies did not allow Turkey to avoid high inflation rates through the 1980s and early 1990s.

From the Paper:

"The Turkish economy was not fully liberalized until the early 1980s. Some of the liberalization strategies Turkey underwent led to overall exports of $8b in 1985 but was not large enough to offset the current account deficit that remained at about $2.5b. This ongoing trade deficit combined with the devaluation of the Turkish lira allowed Turkey to achieve a gross national product (GNP) growth rate of approximately 3% but these strategies did not allow Turkey ..."

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APA Format

Turkey Economic Overview (2006, December 01) Retrieved March 05, 2024, from https://www.academon.com/analytical-essay/turkey-economic-overview-131133/

MLA Format

"Turkey Economic Overview" 01 December 2006. Web. 05 March. 2024. <https://www.academon.com/analytical-essay/turkey-economic-overview-131133/>

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