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Evaluation of Structural Fiscal Transformation Reforms in Turkey: Reform Fatigue and Reform Ownership Problems

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  • Hakkı Hakan YILMAZ

Abstract

Distinctive features of the IMF supported fiscal adjustment programs is the implementation of structural fiscal reforms. Turkey completed many structural reforms aiming at an efficient market system and an effective public sector from 2000 to 2005. However due to the resistance against the reforms and changes experienced particularly in the second half of 2000 and 2002 and to the lack of “commitment” and “ownership” in the reforms the reforms were neither designed duly nor implemented completely. Turkey should commit and undertake structural reforms to be performed in public fiscal management. Such commitment necessitates a strategic management for the reforms in the medium term.

Suggested Citation

  • Hakkı Hakan YILMAZ, 2010. "Evaluation of Structural Fiscal Transformation Reforms in Turkey: Reform Fatigue and Reform Ownership Problems," Sosyoekonomi Journal, Sosyoekonomi Society, issue 2010-1.
    • Handle: RePEc:sos:sosjrn:100111
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    References listed on IDEAS

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    1. World Bank, 2000. "Turkey - Country Economic Memorandum : Structural Reforms for Sustainable Growth, Volume 1. Main Report," World Bank Publications - Reports 14987, The World Bank Group.
    2. World Bank, 2001. "Turkey - Public Expenditure and Institutional Review : Reforming Budgetary Institutions for Effective Government," World Bank Publications - Reports 15482, The World Bank Group.
    3. Alberto Alesina & Roberto Perotti, 1997. "Fiscal Adjustments in OECD Countries: Composition and Macroeconomic Effects," IMF Staff Papers, Palgrave Macmillan, vol. 44(2), pages 210-248, June.
    4. Barro, Robert J. & Lee, Jong-Wha, 2005. "IMF programs: Who is chosen and what are the effects?," Journal of Monetary Economics, Elsevier, vol. 52(7), pages 1245-1269, October.
    5. World Bank, 2000. "Turkey - Country Economic Memorandum : Structural Reforms for Sustainable Growth, Volume 2. Statistical Annex," World Bank Publications - Reports 14995, The World Bank Group.
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    More about this item

    Keywords

    Stabilization Programs; Structural Reforms; Fiscal Adjustment.;
    All these keywords.

    JEL classification:

    • H00 - Public Economics - - General - - - General
    • H11 - Public Economics - - Structure and Scope of Government - - - Structure and Scope of Government
    • E62 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Fiscal Policy; Modern Monetary Theory

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