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  • The Causes and Consequences of Economic Disturbances in Turkey

     

    Essays2 Economics

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ID number:702523
Evaluation:
Published: 09.12.2003.
Language: English
Level: Secondary school
Literature: n/a
References: Not used
Extract

Turkey cannot be contented just by the success of a new program. We have to prove that we have learnt from our experiences, that we are ready to change the structure that has created these crises, that we have the capacity to manage our economy rationally and that we have the will to rid our political system from the scourge of patronage and populism. Therefore our problem is not limited to overcoming the current economic crisis since it will eventually end and the environment will stabilize. What is important is to keep the time needed to reach that point as short as possible and to contain the social damage that the crisis can inflict.
The existing resources of Turkey, its manufacturing and service industries' vitality, the condition of the domestic markets, our integration with the international economic system all provide the conditions we need to overcome the economic crisis. The private sector, the public sector and the bureaucracies have enough experienced staff that has the practical knowledge and training to manage the process of ending the crisis. We need the current administrative system to be transformed into a structure that enables us to activate those resources at the optimum level. Therefore, it is imperative that our economic structure be reorganized in such a way that it no longer produces such crises and that our political structure be revalued so that our economy enjoys good governance.

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