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Turkey’s Development Conundrum: Three Scenarios for the Next 10 Years

In: TURKISH ECONOMY AT THE CROSSROADS Facing the Challenges Ahead

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  • Atilla Yeşilada

Abstract

The following sections are included:IntroductionThe Base Case: Turkey Will Regress Further under the Current RegimeThe Good Case Scenario: The Demand Side of the Democracy EquationThe Tail Risk: External Shocks, Internal Fault LinesConclusion: Quo Vadis Turkey?References

Suggested Citation

  • Atilla Yeşilada, 2020. "Turkey’s Development Conundrum: Three Scenarios for the Next 10 Years," World Scientific Book Chapters, in: Asaf Savaş Akat & Seyfettin Gürsel (ed.), TURKISH ECONOMY AT THE CROSSROADS Facing the Challenges Ahead, chapter 9, pages 295-326, World Scientific Publishing Co. Pte. Ltd..
  • Handle: RePEc:wsi:wschap:9789811214899_0009
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    Keywords

    Turkish Economy; Emerging Markets; Capital Flows; Macroeconomic Imbalances; Chronic Inflation; External Deficits; Sudden Stops; Financial Liberalization; Fiscal Stabilization; Middle Income Trap; Productivity-Led Growth; Inclusive Growth; Structural Transformation; Labor Market; Female Employment; Turkey–EU; Populism;
    All these keywords.

    JEL classification:

    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
    • O2 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy
    • N15 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations - - - Asia including Middle East

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