Jump to ContentJump to Main Navigation
External Liberalization in Asia, Post-Socialist Europe, and Brazil$
Users without a subscription are not able to see the full content.

Lance Taylor

Print publication date: 2006

Print ISBN-13: 9780195189322

Published to Oxford Scholarship Online: May 2007

DOI: 10.1093/acprof:oso/9780195189322.001.0001

Show Summary Details
Page of

PRINTED FROM OXFORD SCHOLARSHIP ONLINE (www.oxfordscholarship.com). (c) Copyright Oxford University Press, 2018. All Rights Reserved. Under the terms of the licence agreement, an individual user may print out a PDF of a single chapter of a monograph in OSO for personal use (for details see www.oxfordscholarship.com/page/privacy-policy).date: 22 September 2018

 Turkey, 1980–2000: Financial Liberalization, Macroeconomic (In)Stability, and Patterns of Distribution

 Turkey, 1980–2000: Financial Liberalization, Macroeconomic (In)Stability, and Patterns of Distribution

Chapter:
(p.417) 14 Turkey, 1980–2000: Financial Liberalization, Macroeconomic (In)Stability, and Patterns of Distribution
Source:
External Liberalization in Asia, Post-Socialist Europe, and Brazil
Author(s):

Korkut Boratav

Erinc Yeldan

Publisher:
Oxford University Press
DOI:10.1093/acprof:oso/9780195189322.003.0014

This chapter examines the facts and processes characterizing the dynamic macroeconomic adjustments in Turkey since the start of its reforms toward global integration. The study is organized as follows. Section 2 focuses on the analytics of macro adjustments of the two distinct (i.e., 1980-1988/1989 and 1989-2000) phases of liberalization. Section 3 quantifies the macro adjustments via a set of decomposition exercises and traces the evolution of real output and sources of aggregate demand. Microlevel adjustments and related decomposition exercises, in turn, are investigated in Section 4 for the manufacturing sector. The distributional effects of liberalization of commodity trade and finance are summarized in Section 5, and Section 6 gives a conclusion.

Keywords:   macroeconomic adjustments, economic reform, global integration, decomposition, real output, aggregate demand, distribution, commodity trade, finance

Oxford Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.

Please, subscribe or login to access full text content.

If you think you should have access to this title, please contact your librarian.

To troubleshoot, please check our FAQs , and if you can't find the answer there, please contact us .