Turkey’s strategic trade policy alternatives in a world of multi-polar trade blocs: lessons from an intertemporal, multi-region general equilibrium model
Date
2001
Authors
Advisor
Instructor
Source Title
Print ISSN
Electronic ISSN
Publisher
Kluwer Academic Publishers
Volume
Issue
Pages
195 - 220
Language
English
Type
Book Chapter
Journal Title
Journal ISSN
Volume Title
Abstract
Turkey has initiated its process of liberalization and integration with the world commodity and financial markets in January, 1980. With an over-reaching reform agenda, first the existing system of multiple exchange system was eliminated and a managed floating foreign exchange regime was enacted. An extensive direct subsidization scheme was introduced to promote exports. In the meantime, commodity markets were liberalized and a vigorous price reform was implemented.
Course
Other identifiers
Book Title
Regionalism in Europe: geometries and strategies after 2000
Keywords
European Union, Custom Union, Real exchange rate, Trade liberalization, Bilateral trade