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This study examines how Turkish manufacturing industry responded to increased competitive pressures that it has faced over the past decade. Pressures arose both from growing trade competition from low-cost countries, which have similar trade specialisation patterns to Turkey’s, and from strong...
Persistent link: https://www.econbiz.de/10008622280
This paper reviews the literature on the Middle Income Trap and compares Turkey to the rest of the trapped and non-trapped (non-middle income trapped) countries. We analyze country experiences by focusing on the role of well-designed and high quality education system to avoid the trap. When we...
Persistent link: https://www.econbiz.de/10011106481