IMF Staff Country Reports

Turkey: Recent Economic Developments

December 3, 1996

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Format: Chicago

Turkey: Recent Economic Developments, (USA: International Monetary Fund, 1996) accessed November 23, 2024

Summary

This paper reviews economic developments in Turkey during 1992–96. The Turkish economy rebounded in 1995, with real gross national product rising by 8.1 percent, reversing the decline of 6.1 percent in 1994. A strong pickup in activity in the second and third quarters of 1995 more than compensated for the continued weakness in the first quarter and a slight decline in the fourth quarter caused by uncertainty in the run-up to the elections. Industry performed strongly, with a growth rate of 12.1 percent, followed by services (6.4 percent) and agriculture (2.6 percent).

Subject: Banking, Commercial banks, Economic sectors, Expenditure, Financial institutions, Foreign exchange, Imports, International trade, Public sector, Securities

Keywords: Broad money, Central bank, CR, Eastern Europe, Exchange rate, Imports, ISCR, Middle East, Minimum wage, North Africa, Private sector, Public sector, Securities, Turkish lira, Wholesale price index

Publication Details

  • Pages:

    179

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 1996/122

  • Stock No:

    1TUREA0011996

  • ISBN:

    9781451837988

  • ISSN:

    1934-7685

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