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Turkey: crisis of IMF-directed policies and possibility of alternatives

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dc.creator Özgür Orhangazi
dc.date 2002
dc.date.accessioned 2022-03-17T15:42:50Z
dc.date.available 2022-03-17T15:42:50Z
dc.identifier http://www.redalyc.org/articulo.oa?id=36480209
dc.identifier.uri http://biblioteca-repositorio.clacso.edu.ar/handle/CLACSO/43920
dc.description The beginning of the 2001 in Turkey has been marked by a very destructive economic crisis. The increased fragility of the system after the implementation of an IMF-directed "disinflation and sta-bilization" program paved the way to the collapse of both the program itself and the economy. This paper argues that the crisis can neither be explained solely by the coincidence of indepen-dent events nor by technical problems of economic policies. The IMF-directed policies caused the crises by increasing the fragility of the system. Insistence on these policies will only worsen the conditions and results of these policies are both economically and socially undesirable. This paper shows that alternative policies and tools, which will provide improvements in growth, em-ployment, and income distribution are available.
dc.format application/pdf
dc.language en
dc.publisher Universidad Central de Venezuela
dc.relation http://www.redalyc.org/revista.oa?id=364
dc.rights Revista Venezolana de Análisis de Coyuntura
dc.source Revista Venezolana de Análisis de Coyuntura (Venezuela) Num.2 Vol.VIII
dc.subject Economía y Finanzas
dc.subject Financial crisis
dc.subject IMF
dc.subject Turkey
dc.title Turkey: crisis of IMF-directed policies and possibility of alternatives
dc.type artículo científico


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