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      Structural adjustment and trade in Turkey: Investigating the alternatives "beyond export-led growth"

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      Author(s)
      Yeldan, A. E.
      Date
      1989
      Source Title
      Journal of Policy Modeling
      Print ISSN
      0161-8938
      Publisher
      Elsevier
      Volume
      11
      Issue
      2
      Pages
      273 - 296
      Language
      English
      Type
      Article
      Item Usage Stats
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      Abstract
      The article searches for a viable alternative for Turkey's economy to resolve its current confrontation with the dilemma of stabilization and growth. With the aid of a dynamic, computable, general equilibrium model, it is argued that an integrated, industrialization strategy that combines a domestic-demand-based, wage-goods-oriented public investment program with a selective export-promotion scheme promises to be the most appropriate one serving Turkey's long-term industrialization interests. The model results further emphasize the pressing need for the revitalization of the domestic demand and the importance of the agricultural productivity growth in promoting Turkey's overall objectives of industrialization, income equity, and foreign trade over the Fifth and Sixth Plan periods. © 1989.
      Permalink
      http://hdl.handle.net/11693/26256
      Published Version (Please cite this version)
      https://doi.org/10.1016/0161-8938(89)90018-5
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      • Department of Economics 724
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