Independent and cutting-edge analysis on Turkey and its neighborhood
Turkey has set ambitious goals and targets for 2023. The most popular of these is to rank among the world’s 10 biggest economies. For this objective to be met, there are several key economic, social, and political conditions that must be fulfilled. Turkey will have to grow on average eight percent per annum. For this objective to be met, there are several key economic, social, and political conditions that must be fulfilled. In the economic sphere, maintaining a high investment to GDP ratio is pivotal. For sustainable growth, Turkey should increase total factor productivity through considerably larger investment in R&D and human capital. Also, Turkey should increase domestic saving rates in order to address the saving-investment gap.
 
 
CONTRIBUTOR
Tayfun Bayazıt
Tayfun Bayazıt
From the Desk of the Editor Over the last couple of years, Turkey has weathered multiples storms in close succession: two general elections that took place in a polarized political climate, an escalation of the Turkey-PKK conflict, a crisis with Russia, the 2016 failed coup attempt followed by state of emergency measures, and the continued threat of terrorist attacks. The aftermath of the constitutional referendum in April...
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