Turkey is recovering from its most severe recession in several decades.
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.
The unique OECD peer review process has helped improve public policy. It assesses how countries manage the design, adoption and enforcement of regulations according to a conceptual framework. It ensures comparability while taking account of institutional and cultural differences across countries.
Turkey has considerably improved its terms of access to the global capital market. Progress in macroeconomic fundamentals has enhanced credibility and reduced risk premia and capital costs.
During his official visit to Turkey, Angel Gurría will launch the Economic survey of Turkey and will meet with government officials to discuss a range of key policies issues.
The International Energy Agency's periodic review of Turkey's energy policies and programmes. This 2009 edition finds that Turkey will likely see the fastest medium to long-term growth in energy demand among the IEA member countries. It has a young and urbanising population and energy use is still comparatively low. Therefore, ensuring sufficient energy supply to a growing economy remains the government’s main energy policy concern.
This review analyses the broad range of energy challenges facing Turkey and provides critiques and recommendations for further policy improvements.
Turkey has made significant progress in its efforts to combat bribery in international business deals by fully implementing all but one of the recommendations made by the OECD Working Group on Bribery since 2007.
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A study of water pricing in Turkey, a background report to the book Sustainable Management of Water Resources in Agriculture (OECD, 2010).
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This note is taken from Chapter 3 of Economic Policy Reforms: Going for Growth 2010.