Turkey: Recent Economic Developments and Selected Issues

November 11, 1997

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Turkey: Recent Economic Developments and Selected Issues, (USA: International Monetary Fund, 1997) accessed December 21, 2024

Summary

This paper describes economic developments in Turkey during the 1990s. Economic activity continued to increase rapidly in 1996, with gross national product growing by 8 percent in real terms, for the second year in a row. Although the pace of activity seemed to ease a little during the first three quarters of the year, production gained momentum in the last quarter, especially in agriculture. The industrial sector continued to expand fastest (7.1 percent), but the service (6.6 percent) and the agricultural sectors (5.2 percent) also performed strongly.

Subject: Balance of payments, Current account, Customs unions, Exports, Foreign exchange, Imports, International trade

Keywords: Central bank, CR, Current account, Customs union, Customs unions, Debt service, Dollar, Dollar terms, Eastern Europe, Exports, GNP, Imports, ISCR, Long-term debt, Market, Narrow money, Price, Shuttle trade, Trade deficit

Publication Details

Pages:

102
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 1997/110
Stock No:

1TUREA0011997
ISBN:

9781451837995
ISSN:

1934-7685

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