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Economic crisis and long-term growth in Turkey.

By: Material type: TextSeries: Comparative Macroeconomic StudiesPublication details: Washington : World Bank, 1993.Subject(s): Summary: This volume explains why Turkey has experienced persistent macroeconomic instability punctuated by a crisis, or the clear threat of crisis, about every ten years or so since the end of World War II. In addition to identifying the sources of Turkey's macroecomic problems and explaining why Turkish governments responded to crises in the ways they did, the book analyses the effects of macroeconomic policy in general, and of crisis management in particular on long-term growth.
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This volume explains why Turkey has experienced persistent macroeconomic instability punctuated by a crisis, or the clear threat of crisis, about every ten years or so since the end of World War II. In addition to identifying the sources of Turkey's macroecomic problems and explaining why Turkish governments responded to crises in the ways they did, the book analyses the effects of macroeconomic policy in general, and of crisis management in particular on long-term growth.

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