Taymaz, Erol
A revised version of this paper was published in Turkey: Economic Reforms, Living Standards, and Social Welfare Study (edited by Ana Revenga), Vol II Technical Papers, Washington, D.C.: World Bank, 1998. , 1 Eylül 1999
The Turkish economy achieved considerably high growth rates in the 1960s and 1970s under the import substitution industrialization strategy. However, as observed in many other countries that had adopted similar strategies, the process of rapid economic growth proved to be unsustainable in the late 1970s under the severe pressure of balance of payments problems. On January 24, 1980, the Turkish government announced a stabilization and structural adjustment program which was fully implemented under the military regime after September 1980. The program was based on an “export-led growth” strategy and liberalized foreign trade, product, and, later, capital markets. This paper assesses the employment impact of trade liberalization and the export-led growth policy by analyzing employment changes in the manufacturing industry.....
"Trade Liberalization and Employment Generation:The Experience of Turkey in the 1980s" (tables)
"Trade Liberalization and Employment Generation:The Experience of Turkey in the 1980s" (figures)