In light of that situation, the aim of the study is to provide a discussion of the trade policies and strategies that could be used to realize an effective model of economic growth.
📌 3 Key Takeaways
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Objective & Hypothesis:The aim of Turkey’s 2023 Vision Project, which coincides with the hundredth anniversary of the founding of the Republic of Turkey, is to bring the Turkish economy into the ranks of high-income countries.
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Key Findings & Data:To reach this goal, strategies have been drawn up with a focus on the mid- and long-term future of the economy.
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Conclusion & Impact:In light of that situation, the aim of the study is to provide a discussion of the trade policies and strategies that could be used to realize an effective model of economic growth.
🔬Design:Modeling & Simulation
📍Scope:2023 Verileri
⚙️Variables:Middle Income Trap · Economic Growth · Foreign Trade Policies
Abstract
The aim of Turkey’s 2023 Vision Project, which coincides with the hundredth anniversary of the founding of the Republic of Turkey, is to bring the Turkish economy into the ranks of high-income countries. To reach this goal, strategies have been drawn up with a focus on the mid- and long-term future of the economy. However, the current state of affairs indicates that the Turkish economy has fallen into the middle income trap, and the key to breaking free of that is reconfiguring a model of growth that focuses on production. In light of that situation, the aim of the study is to provide a discussion of the trade policies and strategies that could be used to realize an effective model of economic growth.
Gürsoy, B., Diyarbakırlıoğlu, K. (2016). Trading Places: How Turkey Can Join the Rich, Using Trade Policy. Alternatives :Turkish Journal Of International Relations, Cilt: 14 Sayı: 4, 37–58. https://ajindex.com/articles/1579566
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Jesus Felipe, Arnelyn Abdon, and Utsav Kumar. 2012. «Tracking The Middle-Income Trap: What is it, Who is in it, and Why?» Levy Economics Institute of Bard College Working Paper, 715; Erinç Yeldan, Kamil Taşçı, Ebru Voyvoda and Mehmet E. Özsan. 2012. Orta Gelir Tuzağından Çıkış: Hangi Türkiye? TURKONFED; Fernando Gabriel Im and David Rosenblatt. 2013. «Middle Income Traps: A Conceptual and Empirical Survey.» The World Bank Policy Research Policy Paper; Gökhan Yılmaz. 2014. « Turkish Middle Income Trap and Less Skilled Human Capital.» Central Bank of the Republic of Turkey Working Paper.