In the latter half of the 1990s, budget deficits and debt levels in Turkey were allowed to reach such high levels that the country's macroeconomic stability was severely undermined. High inflation and volatility of the real exchange rate caused growth rates to oscillate excessively. In order to address this instability, the Government of Turkey embarked on a path of disinflation in early 2000, requiring a reduction of government expenditures in all...
Voir la suite
Document also available in :
anglais
INFORMATION
-
2004/03/09
-
Document de travail
-
34641
-
1
-
2005/12/16
-
Disclosed
-
Turkey : A review of the impact of the reform of agricultural sector subsidization
-
farmer