The paper states that economic growth is picking up in Turkey and the economy is on the road to recovery. It concludes that it is up to the Turkish policy makers to make sure that the countryu0092s economy will leave its grave problems behind and enjoy a bright future. Despite the recent...

In this paper we provide a brief account of the Turkish economy during the last twenty years. After the implementation of a structural change and reform program in 1980, the economy experienced a relatively high growth rate of the Gross Domestic Product, a healthy balance of payments situation...

In this paper we provide a brief account of the Turkish economy during the last twenty years. After the implementation of a structural change and reform program in 1980, the economy experienced a relatively high growth rate of the Gross Domestic Product, a healthy balance of payments situation...

This paper evaluates the developments in the Turkish economy in light of the Central Bank's policies during a recent period of floating exchange rate system. It is found that the Central Bank was effective in containing volatility and reducing the average inflation rate while there was a strong...