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Author: World Bank Publisher: ISBN: Category : Industrial promotion Languages : en Pages : 455
Book Description
Development policies of Turkey traditionally favored import substitution over exports and industry over agriculture. The 1980 policy reforms aimed at changing this strategy by moving towards outward orientation and giving an increased role to market forces. A medium-term policy framework would complement the measures taken so far. It should encourage efficient exports and import substitution, promote savings and investment, foster modernization and technical change, and reform the state economic enterprises. Eliminating inefficient investment projects would permit limiting the size of the public investment program and would necessitate economizing on public consumption expenditures. Increasing the availability of investible funds is required to develop efficient exports and import substitution, and rationalizing the system of incentives is necessary to ensure the appropriate choice of investments. High rates of economic growth would genrate increased employment, as would greater outward orientation. This growth will, however, continue to require considerable foreign assistance.
Author: World Bank Publisher: ISBN: Category : Industrial promotion Languages : en Pages : 455
Book Description
Development policies of Turkey traditionally favored import substitution over exports and industry over agriculture. The 1980 policy reforms aimed at changing this strategy by moving towards outward orientation and giving an increased role to market forces. A medium-term policy framework would complement the measures taken so far. It should encourage efficient exports and import substitution, promote savings and investment, foster modernization and technical change, and reform the state economic enterprises. Eliminating inefficient investment projects would permit limiting the size of the public investment program and would necessitate economizing on public consumption expenditures. Increasing the availability of investible funds is required to develop efficient exports and import substitution, and rationalizing the system of incentives is necessary to ensure the appropriate choice of investments. High rates of economic growth would genrate increased employment, as would greater outward orientation. This growth will, however, continue to require considerable foreign assistance.
Author: Bela A. Balassa Publisher: ISBN: Category : Business & Economics Languages : en Pages : 506
Book Description
Development policies of Turkey traditionally favored import substitution over exports and industry over agriculture. The 1980 policy reforms aimed at changing this strategy by moving towards outward orientation and giving an increased role to market forces. A medium-term policy framework would complement the measures taken so far. It should encourage efficient exports and import substitution, promote savings and investment, foster modernization and technical change, and reform the state economic enterprises. Eliminating inefficient investment projects would permit limiting the size of the public investment program and would necessitate economizing on public consumption expenditures. Increasing the availability of investible funds is required to develop efficient exports and import substitution, and rationalizing the system of incentives is necessary to ensure the appropriate choice of investments. High rates of economic growth would genrate increased employment, as would greater outward orientation. This growth will, however, continue to require considerable foreign assistance.
Author: Henri J Barkey Publisher: Routledge ISBN: 1000306046 Category : Political Science Languages : en Pages : 183
Book Description
This book re-evaluates the politics of the maligned industrialization strategy and examines Turkey's attempts to implement it in the 1960s and 1970s. It argues that Import Substituting Industrialization itself is not responsible for the failure of Turkey's industrialization efforts.
Author: Zungun Deniz Publisher: LAP Lambert Academic Publishing ISBN: 9783659691157 Category : Languages : en Pages : 128
Book Description
A developing country may have two different paths aimed at industrialization policies according to its foreign trade perspective. The first one is import substitution industrialization and the second one is export-oriented industrialization. At the same time countries that have to shape their allocation of resources according to foreign demand are compulsory to be open for international trade. The reason is that the strategy reaches to success if developed countries open their markets to developing or less developed countries. Whereas, it's clearly known that developed countries open their market to other developed countries. In Turkey, when the import substitution industrialization policies that has been applied since 1963 started to be inadequate export-oriented industrialization policy was adopted with the framework of the Stabilization Program on January 24th 1980 and while the significant increases were performed in Turkey's export volume as a result of positive developments created by these policies. The best evidence of this change is incredible progress in export item of manufacturing industry which is one of the most important industrial sectors in the economic structure.
Author: V. Balasubramanyam Publisher: Springer ISBN: 1349244643 Category : Business & Economics Languages : en Pages : 215
Book Description
Many developing countries have embarked on liberalisation programmes in recent years. One such programme which has attracted wide attention and posed a number of analytical issues is that undertaken by Turkey during the 1980s. The nine essays in this volume provide an analytical review of recent developments in relation to Turkey's economic transactions. The primary focus of most of the essays is on the impact of trade and investment liberalization policies of Turkey on Turkey's foreign trade and growth. A feature of the book is the in-depth empirical analysis of the issues grounded in recent trade and investment theories.
Author: Elma Satrovic Publisher: GRIN Verlag ISBN: 3668889228 Category : Business & Economics Languages : en Pages : 106
Book Description
Document from the year 2019 in the subject Economics - Foreign Trade Theory, Trade Policy, grade: 14, Cag University, language: English, abstract: This book consists of the four essays treating the macroeconomic role of the trade openness. In the first essay, we have explored the trade openness-human development nexus by employing VECM in the period 1990-2017. The second chapter employs ARDL to display the evidence on the trade openness-education nexus. However, the second chapter was looking for the answer whether or not the better education can contribute to the trade openness. In the third chapter we have explored the link between trade openness and economic growth while employing the VECM model, and lastly we have explored the link between one of the fastest growing industries in the World (tourism industry) and trade openness. The research aims to give an important insight for the key policy makers in Turkey. It is suggested that in order to increase the trade openness, the policy makers need to make a necessary effort to promote the education and tourism that will lead economic growth and better statistics in terms of HDI.
Author: World Bank
Author: World Bank
Author: World Bank
Author: World Bank
Author: Bela A. Balassa
Author: Henri J Barkey
Author: Béla A. Balassa
Author: Zungun Deniz
Author: V. Balasubramanyam
Author: Elma Satrovic
Author: Mehmet Oluc