You paint a positive picture of Turkey’s economy in terms of growth of GDP and employment (OECD Observer No 290-91, Q1-Q2 2012). Nevertheless, the interview states that for the future of the Turkish economy, “labour market reform is key, especially to encourage the shifting of resources from the informal to the formal sector: a more flexible labour contract is needed and minimum wage setting should be decentralised”(319 words)
Having left the most difficult years of the global crisis behind us, it is now universally recognised that Turkey is one of the countries which has managed to put its economy back on the path to strong growth in a short period of time.(599 words)
The OECD is preparing its forthcoming Economic Survey of Turkey. What issues will be examined? We asked the OECD Economics Department to outline them. Turkey has achieved strong growth in terms of GDP and employment and its public finances are in comparatively good shape. As you prepare your forthcoming Economic Survey of Turkey, what factors would you say contributed to these successes?(676 words)
Leading by example
Turkey’s efforts in the struggle against poverty and income inequality have met with much success. Today, the country stands out as a model in the region and beyond. Prime Minister Recep Tayyip Erdoğan discusses these achievements and the country’s role in international co-operation.
It has become ever clearer that poverty and income inequality present serious risks today to global peace, security and stability.
It is impossible to deny the fact that the source of the security problems and instability in geographies ranging from Afghanistan to Yemen and Somalia is underlined by poverty.
We should therefore see the struggle against poverty and income inequality not just as a social and economic issue, but a strategic one.
Resolution of these challenges of a global nature will only be possible through co-operation at the global level. Although currently there are some efforts internationally in this direction, the fact is these efforts have only been partially successful.
Turkey’s efforts in the struggle against poverty and income inequality have met with much success. Today, the country stands out as a model in the region and beyond. Prime Minister Recep Tayyip Erdoğan discusses these achievements and the country’s role in international co-operation.(1216 words)
Denmark is confirmed as the OECD’s highest-tax country, followed by Sweden, while Mexico and Turkey remain the lowest-taxing countries, the latest 2008 edition of Revenue Statistics says. Denmark’s tax-to-GDP ratio stood at 48.9% in 2007, while Turkey’s was at 23.7% of GDP.(213 words)
Where are we in the current economic crisis?
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