After the Crisis: Mitigating Risks of Macroeconomic Instability in Turkey
Turkey is recovering from a severe recession. Once growth gains full speed, the authorities will likely face the challenge of widening external imbalances and of ensuring a smooth functioning of the financial markets. The former will require improving competitiveness, raising domestic saving, attrac...
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Format: | Elektronisch E-Book |
Sprache: | English |
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Paris
OECD Publishing
2010
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Schriftenreihe: | OECD Economics Department Working Papers
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Online-Zugang: | kostenfrei |
Zusammenfassung: | Turkey is recovering from a severe recession. Once growth gains full speed, the authorities will likely face the challenge of widening external imbalances and of ensuring a smooth functioning of the financial markets. The former will require improving competitiveness, raising domestic saving, attracting more FDI inflows and reducing energy import dependency. Improvements in many of these areas will depend on structural reforms in the labour and product markets. Financial market stability calls for adopting international standards of prudential regulations and reacting pre-emptively to new developments in the financial markets. Mitigating risks of macroeconomic instability will be crucial for embarking on a stable and strong growth path to generate sustainable convergence with the OECD average income level. This paper relates to the 2010 OECD Economic Review of Turkey (www.oecd.org/eco/surveys/turkey) |
Beschreibung: | 1 Online-Ressource (26 Seiten) 21 x 29.7cm |
DOI: | 10.1787/5km36j745fbt-en |
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spelling | Rawdanowicz, Łukasz Verfasser aut After the Crisis Mitigating Risks of Macroeconomic Instability in Turkey Łukasz Rawdanowicz = Après la crise : Réduire les risques d'instabilité macroéconomique en Turquie / Łukasz Rawdanowicz Après la crise Paris OECD Publishing 2010 1 Online-Ressource (26 Seiten) 21 x 29.7cm txt rdacontent c rdamedia cr rdacarrier OECD Economics Department Working Papers Turkey is recovering from a severe recession. Once growth gains full speed, the authorities will likely face the challenge of widening external imbalances and of ensuring a smooth functioning of the financial markets. The former will require improving competitiveness, raising domestic saving, attracting more FDI inflows and reducing energy import dependency. Improvements in many of these areas will depend on structural reforms in the labour and product markets. Financial market stability calls for adopting international standards of prudential regulations and reacting pre-emptively to new developments in the financial markets. Mitigating risks of macroeconomic instability will be crucial for embarking on a stable and strong growth path to generate sustainable convergence with the OECD average income level. This paper relates to the 2010 OECD Economic Review of Turkey (www.oecd.org/eco/surveys/turkey) Economics Turkey https://doi.org/10.1787/5km36j745fbt-en Verlag kostenfrei Volltext |
spellingShingle | Rawdanowicz, Łukasz After the Crisis Mitigating Risks of Macroeconomic Instability in Turkey Economics Turkey |
title | After the Crisis Mitigating Risks of Macroeconomic Instability in Turkey |
title_alt | Après la crise |
title_auth | After the Crisis Mitigating Risks of Macroeconomic Instability in Turkey |
title_exact_search | After the Crisis Mitigating Risks of Macroeconomic Instability in Turkey |
title_exact_search_txtP | After the Crisis Mitigating Risks of Macroeconomic Instability in Turkey |
title_full | After the Crisis Mitigating Risks of Macroeconomic Instability in Turkey Łukasz Rawdanowicz = Après la crise : Réduire les risques d'instabilité macroéconomique en Turquie / Łukasz Rawdanowicz |
title_fullStr | After the Crisis Mitigating Risks of Macroeconomic Instability in Turkey Łukasz Rawdanowicz = Après la crise : Réduire les risques d'instabilité macroéconomique en Turquie / Łukasz Rawdanowicz |
title_full_unstemmed | After the Crisis Mitigating Risks of Macroeconomic Instability in Turkey Łukasz Rawdanowicz = Après la crise : Réduire les risques d'instabilité macroéconomique en Turquie / Łukasz Rawdanowicz |
title_short | After the Crisis |
title_sort | after the crisis mitigating risks of macroeconomic instability in turkey |
title_sub | Mitigating Risks of Macroeconomic Instability in Turkey |
topic | Economics Turkey |
topic_facet | Economics Turkey |
url | https://doi.org/10.1787/5km36j745fbt-en |
work_keys_str_mv | AT rawdanowiczłukasz afterthecrisismitigatingrisksofmacroeconomicinstabilityinturkey AT rawdanowiczłukasz apreslacrise |