Structural Reforms to Boost Turkey's Long-Term Growth:
Turkey can achieve strong sustainable growth and job creation but further reforms in the labour market, education and product markets are required for such gains to materialise. In recent years, growth has been largely driven by the industrial catch-up of Anatolian regions, although the Marmara area...
Gespeichert in:
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| Weitere Verfasser: | , , |
| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Paris
OECD Publishing
2012
|
| Schriftenreihe: | OECD Economics Department Working Papers
no.987 |
| Schlagworte: | |
| Online-Zugang: | Volltext |
| Zusammenfassung: | Turkey can achieve strong sustainable growth and job creation but further reforms in the labour market, education and product markets are required for such gains to materialise. In recent years, growth has been largely driven by the industrial catch-up of Anatolian regions, although the Marmara area in the West has also been very dynamic. In the process, labour force participation has started to rise anew, but around one third of new low-skilled jobs have been created in the informal sector. Sustaining vigorous growth over the longer run therefore requires pushing ahead with a number of structural reforms. First, Turkey's rigid labour market regulation needs to evolve, so as to encourage job creation in the formal sector. Second, further progress with education reform, from pre-school all the way to the tertiary level and vocational training, is needed to boost growth and bring about employment gains in the formal sector. Third, implementing product market reforms, notably in network industries, would unleash productivity gains in those sectors and be a boost to the rest of the economy. A set of alternative growth scenarios through 2030 illustrates how progress on these various fronts can deliver lasting improvements in living standards. This Working Paper relates to the 2012 OECD Economic Survey of Turkey (www.oecd.org/eco/surveys/turkey). |
| Beschreibung: | 1 Online-Ressource (32 p.) 21 x 29.7cm. |
| DOI: | 10.1787/5k92smv7cnjl-en |
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| 520 | |a Turkey can achieve strong sustainable growth and job creation but further reforms in the labour market, education and product markets are required for such gains to materialise. In recent years, growth has been largely driven by the industrial catch-up of Anatolian regions, although the Marmara area in the West has also been very dynamic. In the process, labour force participation has started to rise anew, but around one third of new low-skilled jobs have been created in the informal sector. Sustaining vigorous growth over the longer run therefore requires pushing ahead with a number of structural reforms. First, Turkey's rigid labour market regulation needs to evolve, so as to encourage job creation in the formal sector. Second, further progress with education reform, from pre-school all the way to the tertiary level and vocational training, is needed to boost growth and bring about employment gains in the formal sector. Third, implementing product market reforms, notably in network industries, would unleash productivity gains in those sectors and be a boost to the rest of the economy. A set of alternative growth scenarios through 2030 illustrates how progress on these various fronts can deliver lasting improvements in living standards. This Working Paper relates to the 2012 OECD Economic Survey of Turkey (www.oecd.org/eco/surveys/turkey). | ||
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| spelling | Gönenç, Rauf VerfasserIn aut Structural Reforms to Boost Turkey's Long-Term Growth Rauf, Gönenç ... [et al] = Des réformes structurelles pour stimuler la croissance à long terme en Turquie / Rauf, Gönenç ... [et al] Des réformes structurelles pour stimuler la croissance à long terme en Turquie Paris OECD Publishing 2012 1 Online-Ressource (32 p.) 21 x 29.7cm. Text txt rdacontent Computermedien c rdamedia Online-Ressource cr rdacarrier OECD Economics Department Working Papers no.987 Turkey can achieve strong sustainable growth and job creation but further reforms in the labour market, education and product markets are required for such gains to materialise. In recent years, growth has been largely driven by the industrial catch-up of Anatolian regions, although the Marmara area in the West has also been very dynamic. In the process, labour force participation has started to rise anew, but around one third of new low-skilled jobs have been created in the informal sector. Sustaining vigorous growth over the longer run therefore requires pushing ahead with a number of structural reforms. First, Turkey's rigid labour market regulation needs to evolve, so as to encourage job creation in the formal sector. Second, further progress with education reform, from pre-school all the way to the tertiary level and vocational training, is needed to boost growth and bring about employment gains in the formal sector. Third, implementing product market reforms, notably in network industries, would unleash productivity gains in those sectors and be a boost to the rest of the economy. A set of alternative growth scenarios through 2030 illustrates how progress on these various fronts can deliver lasting improvements in living standards. This Working Paper relates to the 2012 OECD Economic Survey of Turkey (www.oecd.org/eco/surveys/turkey). Economics Türkiye Röhn, Oliver MitwirkendeR ctb Koen, Vincent MitwirkendeR ctb Saygili, Şeref MitwirkendeR ctb FWS01 ZDB-13-SOC FWS_PDA_SOC https://doi.org/10.1787/5k92smv7cnjl-en Volltext |
| spellingShingle | Gönenç, Rauf Structural Reforms to Boost Turkey's Long-Term Growth Economics Türkiye |
| title | Structural Reforms to Boost Turkey's Long-Term Growth |
| title_alt | Des réformes structurelles pour stimuler la croissance à long terme en Turquie |
| title_auth | Structural Reforms to Boost Turkey's Long-Term Growth |
| title_exact_search | Structural Reforms to Boost Turkey's Long-Term Growth |
| title_full | Structural Reforms to Boost Turkey's Long-Term Growth Rauf, Gönenç ... [et al] = Des réformes structurelles pour stimuler la croissance à long terme en Turquie / Rauf, Gönenç ... [et al] |
| title_fullStr | Structural Reforms to Boost Turkey's Long-Term Growth Rauf, Gönenç ... [et al] = Des réformes structurelles pour stimuler la croissance à long terme en Turquie / Rauf, Gönenç ... [et al] |
| title_full_unstemmed | Structural Reforms to Boost Turkey's Long-Term Growth Rauf, Gönenç ... [et al] = Des réformes structurelles pour stimuler la croissance à long terme en Turquie / Rauf, Gönenç ... [et al] |
| title_short | Structural Reforms to Boost Turkey's Long-Term Growth |
| title_sort | structural reforms to boost turkey s long term growth |
| topic | Economics Türkiye |
| topic_facet | Economics Türkiye |
| url | https://doi.org/10.1787/5k92smv7cnjl-en |
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