This paper evaluates Turkey’s Second Review Under the Stand-By Arrangement (SBA). Since the completion of the Article …

This paper examines Turkey’s 2002 Article IV Consultation and First Review Under the Stand-By Arrangement (SBA). In … against future crises, and to continue Turkey’s ambitious reform agenda. Under the 2002–04 Program, the continuation of the …

target. Challenges: On current policies, Turkey can only sustain high growth at the expense of growing external imbalances …. Short- and medium-run policies should focus on reducing external vulnerabilities, so Turkey can break free of its boom and …

The staff report for the Sixth Review and Inflation Consultation Under the Stand-By Arrangement on Turkey explains the …

The staff report for the 2007 Article IV Consultation highlights Turkey’s economic revival and policies to entrench … macroeconomic stability. Turkey has experienced an impressive economic revival in recent years. Exports have continued to gain … considered that Turkey needs to manage vulnerabilities carefully and address structural challenges to increase the economy …