Notes on the Current Development Problems and Growth Prospects of the Turkish Economy

1988 ◽  
Vol 2 ◽  
pp. 37-50 ◽  
Author(s):  
Korkut Boratav ◽  
Oktar Türel
Keyword(s):  
Structural Adjustment ◽  
Balance Sheet ◽  
Economic Policies ◽  
Current Development ◽  
Recent Past ◽  
Medium Term ◽  
Turkish Economy ◽  
Growth Prospects ◽  
Second Period ◽  
Dividing Line

It is the aim of these notes to make a balance sheet of the development problems which Turkey is currently facing and to assess medium-term growth prospects for the Turkish economy. Such a balance sheet necessitates a retrospective look into the recent past, in which a distinction should be made between the pre- and post-1980 periods since it was early in 1980 that a major reorientation of economic policies into an orthodox “structural adjustment” line took place. Hence we investigate roughly two seven year periods covering 1973-79 and 1980—86 (with more emphasis on the second period), being fully aware that with respect to certain variables the year 1980 may not always serve as a dividing line.

scholarly journals Les impacts de l'adhésion à la Communauté européenne sur la balance commerciale de l'Espagne et du Portugal

2005 ◽  
Vol 22 (1) ◽  
pp. 25-46
Author(s):  
Diane Éthier
Keyword(s):  
European Community ◽  
Trade Balance ◽  
Customs Union ◽  
Economic Policies ◽  
External Trade ◽  
Medium Term ◽  
Capital Goods ◽  
Strong Growth

This paper analyzes the entry into the European Community (EC) impacts on Spain and Portugal external Trade Balance (ETE). It points out that the dramatic increase of Iberian countries ETB deficit, since their adhesion to the EC, first January 1986, is mainly due to the strong growth of capital goods imports, in particular those from EC, in a context characterized by the gradual application of Customs Union mechanisms and the rise of internal demand. Then, it examines principal short and medium term measures susceptible to adjust Spain and Portugal ETB, especially restrictive economic policies and structural programs of modernization.

scholarly journals Regional Economic Outlook, October 2019, Middle East and Central Asia

2019 ◽  
Author(s):  
Keyword(s):  
Middle East ◽  
Oil Prices ◽  
Private Investment ◽  
Volatile Oil ◽  
Sustainable Growth ◽  
Medium Term ◽  
Potential Growth ◽  
Growth Prospects ◽  
Near Term ◽  
Economic Outlook

Growth in the near term remains subdued for oil exporters in the Middle East, North Africa, Afghanistan, and Pakistan (MENAP) region, amid volatile oil prices, precarious global growth, elevated fiscal vulnerabilities, and heightened geopolitical tensions. In addition, declining productivity is dampening medium-term growth prospects. To reduce dependence on oil prices and pave the way for more sustainable growth, fiscal consolidation needs to resume, underpinned by improved medium-term fiscal frameworks. In parallel, structural reforms and further financial sector development would boost foreign direct investment (FDI) and domestic private investment and foster diversification, thus contributing to improved productivity and potential growth.

scholarly journals O direito à saúde na atenção básica no MERCOSUL: a fraternidade como possibilidade de garantia de direitos sociais / The Right to Primary Healthcare in MERCOSUL: the Fraternity as a Possibility of Social Rights Guarantee

2019 ◽  
Vol 6 (2) ◽  
pp. 33-43
Author(s):  
Sandra Regina Martini ◽  
Maria Isabel Barros Bellini
Keyword(s):  
Primary Care ◽  
Primary Healthcare ◽  
International Organization ◽  
Social Rights ◽  
Economic Policies ◽  
Time Limits ◽  
Access To Primary Care ◽  
The Right ◽  
Dividing Line

ABSTRACTThis article discusses health as a fundamental and universal right therefore not limited to border demarcation, races and / or any other indicator . The analysis Locus is MERCOSUL- international organization between Brazil, Argentina , Paraguay and Uruguay established in 1991 to facilitate the integration of economic policies between these countries, it is associated with Chile and Bolivia. Discusses the importance of resizing the limits of law in today's society , for which the "frontier" is at the same time limits and possibilities between these to promote access to primary care as a bridge to the execution of other social rights thus breaking with traditional dimensions of the border or transfrontier idea where the right ended at the dividing line between one country and another.RESUMENEste artigo aborda a saúde como direito fundamental e universal portanto não limitado a demarcação de fronteiras, raças e/ou qualquer outro indicador. O Lócus de análise é o MERCOSUL -organização internacional entre Brasil, Argentina, Paraguai e Uruguai criada em 1991 para facilitar a integração de políticas econômicas entre estes países, tem como associados o Chile e Bolívia. Discute a importância de redimensionar os limites do direito na sociedade atual, para a qual a “fronteira” representa, ao mesmo tempo limites e possibilidades entre estas o de promover o acesso à atenção básica como uma ponte para a efetivação de outros direitos sociais rompendo assim com as dimensões tradicionais da ideia de fronteira ou transfronteira onde o direito terminava na linha divisória entre um país e outro. Tem como pressupostos teóricos o Direito Vivo e a Metateoria do Direito Fraterno e  aposta no pressuposto da fraternidade como uma possibilidade de agregação e superação das divisões postas pelas fronteiras.

Causal Analyses of Public Debt and Structural Adjustment

2017 ◽  
Vol 6 (1) ◽  
pp. 21-37 ◽  
Author(s):  
John Pastor Ansah
Keyword(s):  
Structural Adjustment ◽  
Unintended Effects ◽  
Economic Policies ◽  
African Countries ◽  
Structural Mechanism ◽  
Bretton Woods ◽  
Adjustment Program ◽  
Unintended Effect ◽  
Adjustment Policies ◽  
The Impact

The impact of structural adjustment program on the economic situation in many African countries can not be overemphasised. Over two decades of implementing neo-liberal economic policies by the Bretton Woods institution, it is of great importance to document the lessons learnt. This paper elicits the structural mechanism representing the intended effect of structural adjustment policies and the unintended effects observed from the implementation of the structural adjustment policies. The assumptions and hypotheses implicit in the main structural adjustment policies, as well as the observed unintended effect of the policies are clearly elicited with a causal loop diagram.

Economic Reforms and the People Sector

1998 ◽  
Vol 23 (1) ◽  
pp. 75-82
Author(s):  
Ela R Bhatt
Keyword(s):  
Structural Adjustment ◽  
Economic Reforms ◽  
Economic Policies ◽  
Years Of Experience ◽  
Adjustment Programme ◽  
Structural Adjustment Programme ◽  
The Poor ◽  
The People ◽  
Micro Level ◽  
Considerable Discussion

In recent years⁄ there has been considerable discussion in India on Structural Adjustment Programme and its impact on the economy. However⁄ the moot question is whether restructuring efforts have benefited the ‘people sector’ that includes the workers who are informal⁄ unorganized, and selfemployed. Based on years of experience with SEWA, Ela Bhatt argues that most economic policies including the recent economic reforms have largely benefited the large corporate bodies and have completely ignored the poor and the women. According to her⁄ it is possible to benefit from the reforms if the focus of economic reforms is shifted to the micro level.

Public Sector Borrowing and the Public Sector Balance Sheet

1987 ◽  
Vol 121 ◽  
pp. 64-66
Author(s):  
Andrew Britton
Keyword(s):  
Public Sector ◽  
Balance Sheet ◽  
Medium Term ◽  
Financial Strategy ◽  
The Public ◽  
Recent Trends

In his Budget Statement this year the Chancellor restated his medium-term financial strategy (MTFS) and in particular his objectives for the public sector borrowing requirement (PSBR). He said, ‘Since its inception in 1980 the MTFS has indicated a steadily declining path for the PSBR expressed as a percentage of GDP. We have now reached what I judge to be its appropriate destination: a PSBR of 1 per cent of GDP. My aim will be to keep it there over the years ahead. This note considers the implications of that scale of borrowing for the balance sheet position of the public sector. We are able to do this with more confidence thanks to recent publication by the CSO of new figures for the balance sheet positions of all sectors of the economy up to the end of 1985. Prior to that publication, the latest figures available for the overall balance sheet position of the public sector had referred to 1975. The new data modify the picture of recent trends, without changing their character fundamentally.

Geothermal drives Kenya power sector boost

2015 ◽  
Keyword(s):  
Electricity Generation ◽  
Dominant Role ◽  
Infrastructure Investment ◽  
Power Sector ◽  
Medium Term ◽  
Content Type ◽  
Grid Systems ◽  
Growth Prospects ◽  
Domestic Power

Subject Kenya power outlook. Significance The government's geothermal generation programme is driving a structural change in the power sector. Plans are for electricity generation to roughly double to 3,000 megawatts (MW) over the next few years, with hydroelectricity losing its dominant role. Kenya's medium-term economic growth prospects turn on the success of the government's rising spending on infrastructure investment in the energy and transport sectors. Impacts Focus on industry sources (diesal, gas, coal) obscures the dominant role of bio-energy (firewood, charcoal) in the energy mix. Increasing the role for natural gas in domestic power sectors will be pushed by regional governments with new offshore finds. Policymakers will continue to advocate the efficacy of mini grid or off-grid systems to augment the limited reach of 'national' grids.

Vaca Muerta development could disappoint in Argentina

2018 ◽  
Keyword(s):  
Oil Prices ◽  
Oil Industry ◽  
Economic Policies ◽  
Medium Term ◽  
Content Type ◽  
Vaca Muerta ◽  
Shale Formation ◽  
Positive Results ◽  
Attention Shifts

Subject The Vaca Muerta shale formation. Significance Argentina’s huge Vaca Muerta shale formation is now beginning to be exploited. With the recovery in global oil prices likely to be sustained over the short-to-medium term, the international oil industry is cautiously and selectively regaining its investment appetite. Impacts Falling conventional hydrocarbons investments as attention shifts to Vaca Muerta may affect output if shale does not meet expectations. If the government’s investor-friendly approach fails to yield positive results, reversal of its often-unpopular economic policies is likely. Failure to meet output aspirations would sustain heavy dependence on energy imports.

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