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Trade Reform and Changes in the Terms of Trade in Turkey

In: The Economy of Turkey since Liberalization

Author

Listed:
  • David Greenaway
  • David Sapsford

Abstract

The last decade has seen unprecedented liberalization in developing countries. Some liberalizations have been unilateral, others have been initiated as part of the conditions associated with World Bank structural adjustment lending (SAL) programmes. The extent of these liberalizations has been well documented (see, for example, Greenaway and Morrissey, 1993a; Whalley, 1989) and the economic impact of some of the earlier ones has been subject to some scrutiny, especially those with a SAL connection, (e.g. Mosley et al., 1991; Thomas et al., 1991), as also have those which predated SALs (e.g. Papageorgiou et al., 1991). As a result we now know quite a lot about timing, sequencing and economic effects (see Greenaway and Morrissey, 1993b for a review).

Suggested Citation

  • David Greenaway & David Sapsford, 1996. "Trade Reform and Changes in the Terms of Trade in Turkey," Palgrave Macmillan Books, in: S. Togan & V. N. Balasubramanyam (ed.), The Economy of Turkey since Liberalization, chapter 3, pages 52-66, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-24464-5_3
    DOI: 10.1007/978-1-349-24464-5_3
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