Turkey’s business sector dynamism has underpinned broad-based and inclusive growth in the 2000s. However, the business sector is highly segmented, with a relatively small core of modern high-productivity corporations, and myriad small, less formal and low-productivity entities.
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Below upper secondary attainment levels have decreased while upper secondary attainment and graduation rates have remained stable.
Unemployment is high and large numbers of children and adults do not have the basic skills necessary to thrive in today’s global economy. We need to kick-start a global skills revolution and build the policies that will save a whole generation, said OECD Secretary-General.
Education at a Glance 2013 - Country notes and key fact tables
Effective macroeconomic and structural policies helped Turkey bounce back quickly and strongly from the global crisis, with annual growth averaging close to 9% over 2010-11
Turkey can achieve strong sustainable growth and job creation but further reforms in the labour market, education and product markets are required for such gains to materialise.
Country Notes from OECD Economic Policy Reforms: Going for growth 2011 presenting OECD recommendations for structural reform priorities for individual countries.
Governments should invest more in disadvantaged schools and students to ensure that everyone gets a fair chance, according to a new OECD report.
In the 2000s, Turkey has enjoyed rapid catching–up. This was possible despite the adverse business environment, as the semi–formal and informal economy had a significant contribution to the expansion of the private sector.
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This note is taken from Chapter 3 of Economic Policy Reforms: Going for Growth 2010.