Assessment and recommendations

OECD

doi:https://doi.org/10.1787/eco_surveys-tur-2014-3-en

2014 OECD Economic Surveys: Turkey 2014

image of OECD Economic Surveys: Turkey 2014

OECD's 2014 Economic Survey of Turkey examines recent economic developments, policies and prospects. The special chapter looks at structural change in the business sector.

English Also available in: French

Related Content:

https://doi.org/10.1787/eco_surveys-tur-2014-en

Chapter

Assessment and recommendations

English Also available in: French

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Turkey has come under global financial market pressure

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Growth furthers social inclusion but remains volatile

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External vulnerabilities are high and have increased since the global financial crisis

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Growth driven by domestic demand has led to imbalances

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International competitiveness has fluctuated

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Private saving has declined

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The monetary policy stance

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Inflation and inflation expectations are high

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Gross official reserves

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Leverage has increased substantially but the banking sector remains robust

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