Independent and cutting-edge analysis on Turkey and its neighborhood

Two important developments are affecting all world economies today: rapid advances in technologies and globalization. Both of these developments provide great opportunities for middle-income countries, like Turkey, but also present some pitfalls. Those with skilled work forces, those that encourage foreign direct investment and above all those that provide a good institutional environment for new businesses to flourish can take advantage of these developments and quickly advance from being a middle income country to being a high income country. Those that fail in this endeavor may see themselves sliding down in the ranks...Please click here to read the text in full.
 

CONTRIBUTOR
Daron Acemoğlu
Daron Acemoğlu
From the Desk of the Editor TPQ’s Winter issue examines global trade dynamics—from US-China tensions to the renegotiation of the North American Free Trade Agreement (NAFTA) to US tariff threats towards the EU. Chief among the issues generating a high degree of economic uncertainty is the US-China trade conflict and the magnitude of the emerging global fallout. Major changes are already afoot—namely a shift...
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