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On the Letter of Intent and the Turkish Economy at the Beginning of 2002

A new Letter of Intent, presented to the IMF in January 2002, continues to seek Turkey's integration to world markets in the form of a peripheral economy, with low quality labour-intensive technologies. A critical evaluation by the Independent Social Scientists -- Economics Group finds that issues like long-run industrialization of the Turkish economy, attaining development targets via acquiring new technologies, or providing a more fair structure in the allocation of income will not be in the economic policy agenda in 2002, as well.

MORE ON TURKEY CRISIS

 
April 01, 2002.

 
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  © International Development
Economics Associates 2002
 

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