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Turkey: Recent Economic Developments

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  • International Monetary Fund

Abstract

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).

Suggested Citation

  • International Monetary Fund, 1996. "Turkey: Recent Economic Developments," IMF Staff Country Reports 1996/122, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:1996/122
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    File URL: http://www.imf.org/external/pubs/cat/longres.aspx?sk=1730
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    Cited by:

    1. Islam, Roumeen, 2000. "Should capital flows be regulated? - a look at the issues and policies," Policy Research Working Paper Series 2293, The World Bank.

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