home | about IDEAs | contact | archives  
Search
 
Featured Theme
Turkey -- Understanding Crisis
Updated July24,2002.  

Stabilisation programmes launched with the support of the Bretton Woods Institutions have done little to turn the crisis-plagued Turkish economy around since December 1999. Four articles by Turkish economists evaluate some recent programmes and government policies.

  • Turkey: Economy, Politics and Society in the Post-Crisis Era
    Umit Cizre and Erinc Yeldan
    The current economic and political crisis in Turkey is not the end result of a set of technical errors or administrative mismanagement unique to Turkey, but is the result of series of pressures emanating from the process of integration with the global capital markets.
     
  • Turkey : On the Structural Weakness of the Post 1999 Turkish Dis-inflation Program
    Ahmet Ertugrul and Erinc Yeldan
    The article highlights the structural weakeness of the exchange rate backed dis-inflation program, and shows that it led to an increase of the vulnerability of the banking system in Turkey.
     
  • The Making of the Turkish Financial Crisis
    Yilmaz Akyuz and Korkut Boralav
    The IMF-supported stabilisation program failed in large part because of serious shortcomings in its design as well as in crisis intervention.
     
  • On the Letter of Intent and the Turkish Economy at the Beginning of 2002
    A critical evaluation by the Independent Social Scientists – Economics Group finds that issues like long-run industrialization of the Turkish economy are missing.
 
 
  © International Development
Economics Associates 2002
 

Best viewed on Internet Explorer 6 & Netscape Navigator 6 and above