Economic Shocks and Structural Adjustments: Turkey after 1973

Economic Shocks and Structural Adjustments: Turkey after 1973 PDF Author: P.J. Conway
Publisher: Elsevier
ISBN: 1483299481
Category : Business & Economics
Languages : en
Pages : 236

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Book Description
Recent international economic events have demonstrated the vulnerability of individual countries to external disturbances, or `shocks'. Such disturbances necessitate major adjustments to developing countries' trade behaviour, and therefore also to their domestic economies.This volume is an integrated theoretical and econometric study of the impact of global economic changes on the developing Turkish economy during the period 1970-1983. Structural adjustment is defined and presented in the context of a small open economy reacting to external shocks. The interaction of government and private sector is incorporated explicitly in an intertemporal model through examination of dynamic game equilibria, and the implications of this interaction for the effectiveness of stabilization and liberalization policies are explored. This theoretical structure provides the structure for macroeconomic estimation. The estimated model then is employed for an econometric decomposition of Turkish historical economic experience into portions due to various external shocks and government policy changes.The theoretical section demonstrates the necessity of consideration of government/private interactions when measuring and evaluating structural adjustment policies. The econometric results confirm the importance of such analysis for Turkey, and provide evidence of the impact of various government policies on aggregate consumption, investment, inflation and current account deficits.This book will be of use to both international and development economists as a systematic and insightful examination of structural adjustment in Turkey, as well as a template for similar analyses for other open economies.

The Political Economy of Turkey

The Political Economy of Turkey PDF Author: Harvard University, Cambridge, MA, USA John F. Kennedy School of Government
Publisher: Springer
ISBN: 1349112747
Category : Political Science
Languages : en
Pages : 289

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Book Description
Turkey stands at a crossroad after a decade of adjustment to its severe debt crisis in the late 1970s. This volume brings together a group of contributors who discuss the consequences of this transition and the likely pains for the future.

Turkey Since 1970

Turkey Since 1970 PDF Author: D. Lovatt
Publisher: Springer
ISBN: 0333977807
Category : Political Science
Languages : en
Pages : 245

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Book Description
Contemporary Turkey often appears to be juggling a plethora of agenda issues (radical Islam, terrorism, separatism, enemies without, enemies within, corruption, inflation, mafia-government links and natural disasters) with military interventions of varying degrees and short-lived, wobbly coalition governments. The contributors to Turkey Since 1970 offer clear and accessible background information to events that have aided and hindered the country's development.

An Atheoretic Evaluation of Success in Structural Adjustment

An Atheoretic Evaluation of Success in Structural Adjustment PDF Author: Patrick J. Conway
Publisher: World Bank Publications
ISBN:
Category :
Languages : en
Pages : 68

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Book Description


Developing Country Debt and Economic Performance, Volume 3

Developing Country Debt and Economic Performance, Volume 3 PDF Author: Jeffrey D. Sachs
Publisher: University of Chicago Press
ISBN: 0226733211
Category : Business & Economics
Languages : en
Pages : 834

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Book Description
For dozens of developing countries, the financial upheavals of the 1980s have set back economic development by a decade or more. Poverty in those countries has intensified as they struggle under the burden of an enormous external debt. In 1988, more than six years after the onset of the crisis, almost all the debtor countries were still unable to borrow in the international capital markets on normal terms. Moreover, the world financial system has been disrupted by the prospect of widespread defaults on those debts. Because of the urgency of the present crisis, and because similar crises have recurred intermittently for at least 175 years, it is important to understand the fundamental features of the international macroeconomy and global financial markets that have contributed to this repeated instability. This project on developing country debt, undertaken by the National Bureau of Economic Research, provides a detailed analysis of the ongoing developing country debt crisis. The project focuses on the middle-income developing countries, particularly those in Latin America and East Asia, although many lessons of the study should apply as well to other, poorer debtor countries. The project analyzes the crisis from two perspectives, that of the international financial system as a whole (volume 1) and that of individual debtor countries (volumes 2 and 3). This third volume contains lengthy and detailed case studies of four very different Asian countries—Turkey, Indonesia, Korea, and the Philippines.

Economics and Politics of Turkish Liberalization

Economics and Politics of Turkish Liberalization PDF Author: Tevfik F. Nas
Publisher: Lehigh University Press
ISBN: 9780934223195
Category : Business & Economics
Languages : en
Pages : 212

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Book Description
This book provides an in-depth analysis of Turkey's 1980-90 stabilization and liberalization experience by tracing the complexities and dynamics of Turkey's unique economic and policy environments.

Financial Programming and Policy the Case of Turkey (Reprint)

Financial Programming and Policy the Case of Turkey (Reprint) PDF Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 9781557758750
Category : Business & Economics
Languages : en
Pages : 476

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Book Description
The art of financial programming is a central element in the design of IMF-supported macroeconomic adjustment programs. This volume, edited by Richard Barth and William Hemphill, includes contributions from staff members of the IMF institute and introduces the reader to the concepts and tools of analysis needed to formulate a financial program. The book presents a series of workshops that explain the accounting identities, behavioral relationships, and forecasting techniques that underlie the constuction of a financial program. The workshops use the case of Turkey to illustrate the techniques, and the complete data set for Turkey is included on a diskette (supplied in a back-cover pocket).

public policy and private invetment in turkey

public policy and private invetment in turkey PDF Author:
Publisher: World Bank Publications
ISBN:
Category :
Languages : en
Pages : 32

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Book Description


Turkey and the World

Turkey and the World PDF Author: Sedat Laçiner
Publisher: USAK Books
ISBN: 9789756698082
Category : Turkey
Languages : en
Pages : 454

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Book Description


The Disintegration of the Soviet Economic System

The Disintegration of the Soviet Economic System PDF Author: Michael Ellman
Publisher: Taylor & Francis
ISBN: 100088161X
Category : Business & Economics
Languages : en
Pages : 302

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Book Description
The Disintegration of the Soviet Economic System (1992) examines in detail the collapse of the Soviet economic system, and is set in its political context, both international and domestic. The collapse is looked at from a macroeconomic point of view, both real and financial, as well as from a mesoeconomic viewpoint, with chapters on such important sectors such as agriculture and the railways. Because the USSR is such a large country it is also looked at in a regional perspective, with chapters on Central Asia and the allocation of investment between republics, and attention is also paid to the welfare of the population, their health and the development of their consumption, and the environment and technical progress.