Munich Personal RePEc Archive

Turkish economic policy under AKP government: an assessment for 2002-2007

Ugur, Mehmet (2008): Turkish economic policy under AKP government: an assessment for 2002-2007.

[thumbnail of MPRA_paper_18235.pdf]

Download (90kB) | Preview


This article agrees with the received wisdom that the rule of AKP government has been associated with better macroeconomic outcomes in Turkey from 2002-2007. However, it argues that it is necessary to question the received wisdom for several reasons. First, AKP government’s contribution to Turkey’s economic performance from 2002-2007 was largely due to its consent to ‘tie its hands’ under the pre-existing International Monetary Fund (IMF) and European Union (EU) accession conditionality rather than because of AKP-specific policy innovation. Secondly, AKP’s attempt at policy innovation after 2004 have been associated with less impressive economic outcomes. Finally, the AKP has been unsuccessful in addressing the structural constraints and vulnerabilities that threaten the long-run sustainability of Turkey’s economic growth and its macroeconomic stability.

Atom RSS 1.0 RSS 2.0

Contact us: mpra@ub.uni-muenchen.de

This repository has been built using EPrints software.

MPRA is a RePEc service hosted by Logo of the University Library LMU Munich.