Trading Up to High Income : Turkey Country Economic Memorandum

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collection.link.76
https://openknowledge.worldbank.org/handle/10986/2184
collection.name.76
Country Economic Memorandum
dc.contributor.author
World Bank
dc.date.accessioned
2014-08-14T19:35:35Z
dc.date.available
2014-08-14T19:35:35Z
dc.date.issued
2014-05-05
dc.date.lastModified
2021-04-23T14:03:51Z
dc.description.abstract
Turkish exporters substantially broadened market reach, exporting to 137 countries at present, up from 90 in 2000. Turkey's global market share rose substantially from 0.55 percent of global imports in 2002 to 0.82 percent in 2012. Turkey aims to become one of the ten largest economies in the world by 2023, with per-capita gross domestic product (GDP) rising to United States (U.S.) $25,000 and exports to U.S. 500 billion dollars. This report focuses on Turkey's competitiveness from the supply side, but it is important to note that ensuring a more balanced mix of financing for the required investment through measures to boost domestic savings is equally important if Turkey's progress is to be sustained. Achieving Turkey's export target is possible and it will likely require a larger global market share. The relatively low level of foreign direct investment (FDI) in Turkish manufacturing has been a constraint to export growth and quality improvements. Raising export growth to levels that help meet Turkey's development goals will require a policy agenda that targets sustained further improvements in Turkey's physical, human, and institutional capital. This report prioritizes broader policies that are fundamental for Turkey to export its way out of middle-income. Chief among these are policies that: (i) link the country further with international markets, including by helping bring larger inflows of FDI, particularly into the manufacturing sector; (ii) promote innovation, including by encouraging a large role for private companies in research and development (R and D); (iii) upgrade the skills both of the existing work force and new entrants; and (iv) improve access to finance, particularly long-term, with a view to unlock the potential of the dynamic small and medium enterprise (SME) sector.
en
dc.identifier
http://documents.worldbank.org/curated/en/2014/05/19918132/turkey-trading-up-high-income-country-economic-memorandum
dc.identifier.uri
http://hdl.handle.net/10986/19320
dc.language
English
dc.language.iso
en_US
dc.publisher
Washington, DC
dc.rights
CC BY 3.0 IGO
dc.rights.uri
http://creativecommons.org/licenses/by/3.0/igo/
dc.subject
AGRICULTURAL PRODUCTS
dc.subject
AGRICULTURE
dc.subject
ANTIDUMPING
dc.subject
APPAREL
dc.subject
APPAREL EXPORTS
dc.subject
APPAREL SECTOR
dc.subject
BANKING SUPERVISION
dc.subject
BENCHMARK
dc.subject
BILATERAL TRADE
dc.subject
BUSINESS ENVIRONMENT
dc.subject
CAUSE FOR CONCERN
dc.subject
CENTRAL BANK
dc.subject
COMMERCIALIZATION
dc.subject
COMMODITY EXPORTERS
dc.subject
COMMODITY PRICE
dc.subject
COMPARATIVE ADVANTAGE
dc.subject
COMPETITIVE PRODUCTS
dc.subject
CURRENCY
dc.subject
CURRENT ACCOUNT
dc.subject
CUSTOMS
dc.subject
CUSTOMS UNION
dc.subject
DEBT
dc.subject
DEVELOPED COUNTRIES
dc.subject
DEVELOPING COUNTRIES
dc.subject
DEVELOPMENT STRATEGIES
dc.subject
DISTRIBUTION SERVICES
dc.subject
DIVIDEND
dc.subject
DOMESTIC INDUSTRY
dc.subject
DOMESTIC PRODUCERS
dc.subject
ECONOMIC COOPERATION
dc.subject
ECONOMIC CRISIS
dc.subject
ECONOMIC RELATIONS
dc.subject
EMERGING MARKET
dc.subject
EXCHANGE RATE REGIME
dc.subject
EXPENDITURE
dc.subject
EXPORT
dc.subject
EXPORT BASKET
dc.subject
EXPORT BASKETS
dc.subject
EXPORT COMPETITIVENESS
dc.subject
EXPORT GROWTH
dc.subject
EXPORT INSURANCE
dc.subject
EXPORT MARKET
dc.subject
EXPORT MARKET SHARE
dc.subject
EXPORT MARKETS
dc.subject
EXPORT OPPORTUNITIES
dc.subject
EXPORT PERFORMANCE
dc.subject
EXPORT PRODUCTS
dc.subject
EXPORT PROMOTION
dc.subject
EXPORT PROMOTION POLICIES
dc.subject
EXPORT RATIO
dc.subject
EXPORT SALES
dc.subject
EXPORT SECTOR
dc.subject
EXPORT SECTORS
dc.subject
EXPORT VALUE
dc.subject
EXPORTERS
dc.subject
EXPORTS
dc.subject
FINANCIAL CRISIS
dc.subject
FLEXIBLE EXCHANGE RATE
dc.subject
FOOD INDUSTRY
dc.subject
FORECASTS
dc.subject
FOREIGN COMPETITION
dc.subject
FOREIGN DIRECT INVESTMENT
dc.subject
FOREIGN INVESTMENT
dc.subject
FOREIGN INVESTORS
dc.subject
FREE TRADE
dc.subject
FREE TRADE AGREEMENT
dc.subject
GDP
dc.subject
GDP PER CAPITA
dc.subject
GLOBAL EXPORTS
dc.subject
GLOBAL IMPORTS
dc.subject
GLOBAL TRADE
dc.subject
GROSS DOMESTIC PRODUCT
dc.subject
GROSS VALUE
dc.subject
GROWTH RATE
dc.subject
HUMAN CAPITAL
dc.subject
IMPORT PRODUCTS
dc.subject
IMPORT RESTRICTIONS
dc.subject
IMPORT VALUE
dc.subject
INCOME
dc.subject
INCOME LEVELS
dc.subject
INCOMES
dc.subject
INFLATION
dc.subject
INTERMEDIATE INPUTS
dc.subject
INTERNATIONAL INVESTORS
dc.subject
INTERNATIONAL TRADE
dc.subject
INTERNATIONAL TRADE COMMISSION
dc.subject
ITC
dc.subject
MACROECONOMIC POLICY
dc.subject
MARKET CONCENTRATION
dc.subject
MARKET CONDITIONS
dc.subject
MARKET ECONOMIES
dc.subject
MARKET ENTRY
dc.subject
MARKET PENETRATION
dc.subject
MARKET SHARE
dc.subject
MARKET SHARE CHANGES
dc.subject
MARKETING
dc.subject
MERCHANDISE
dc.subject
MERCHANDISE EXPORTS
dc.subject
MOST FAVORED NATION
dc.subject
MULTINATIONAL CORPORATIONS
dc.subject
NATIONAL ECONOMIES
dc.subject
OPEN MARKET
dc.subject
PER CAPITA INCOME
dc.subject
PREFERENTIAL TRADE
dc.subject
PREFERENTIAL TRADE AGREEMENTS
dc.subject
PRICE COMPARISON
dc.subject
PRODUCT QUALITY
dc.subject
PRODUCTIVITY GROWTH
dc.subject
PURCHASING
dc.subject
PURCHASING POWER
dc.subject
REAL EXCHANGE RATE
dc.subject
REAL INCOME
dc.subject
SALES
dc.subject
SKILLED LABOR
dc.subject
SPECIALIZATION
dc.subject
TAX
dc.subject
TECHNOLOGY TRANSFER
dc.subject
TELECOMMUNICATIONS
dc.subject
TOTAL FACTOR PRODUCTIVITY
dc.subject
TOURISM
dc.subject
TRADE AGREEMENT
dc.subject
TRADE BARRIERS
dc.subject
TRADE COMPETITIVENESS
dc.subject
TRADE COSTS
dc.subject
TRADE DEFICIT
dc.subject
TRADE FLOWS
dc.subject
TRADE IN SERVICES
dc.subject
TRADE INDICATORS
dc.subject
TRADE PERFORMANCE
dc.subject
TRADE POLICY
dc.subject
TRADE REGIME
dc.subject
TRADE REMEDIES
dc.subject
TRADE VOLUME
dc.subject
TRANSITION ECONOMIES
dc.subject
VALUE ADDED
dc.subject
VALUE OF EXPORTS
dc.subject
WAGES
dc.subject
WORLD MARKETS
dc.subject
WORLD TRADE
dc.subject
WORLD TRADE ORGANIZATION
dc.subject
WTO
dc.title
Trading Up to High Income : Turkey Country Economic Memorandum
en
dc.title.alternative
Turkiye - Yuksek gelir statusune geciste dis ticaretin rolu : ulke ekonomik raporu
en
okr.date.disclosure
2014-08-06
okr.doctype
Economic & Sector Work :: Country Economic Memorandum
okr.doctype
Economic & Sector Work
okr.docurl
http://documents.worldbank.org/curated/en/2014/05/19918132/turkey-trading-up-high-income-country-economic-memorandum
okr.globalpractice
Macroeconomics and Fiscal Management
okr.globalpractice
Governance
okr.globalpractice
Finance and Markets
okr.globalpractice
Trade and Competitiveness
okr.googlescholar.linkpresent
yes
okr.identifier.externaldocumentum
000470435_20140806094907
okr.identifier.internaldocumentum
19918132
okr.identifier.report
82307
okr.language.supported
en
okr.pdfurl
http://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2014/08/06/000470435_20140806094907/Rendered/PDF/823070REPLACEM00Box385262B00PUBLIC0.pdf
en
okr.region.administrative
Europe and Central Asia
okr.region.country
Turkey
okr.sector
Public Administration, Law, and Justice :: Central government administration
okr.sector
Industry and trade
okr.theme
Trade and integration :: Export development and competitiveness
okr.theme
Trade and integration :: Trade facilitation and market access
okr.theme
Trade and integration :: Other trade and integration
okr.topic
Law and Development :: Tax Law
okr.topic
Macroeconomics and Economic Growth :: Markets and Market Access
okr.topic
Economic Theory and Research
okr.topic
International Economics and Trade :: Trade Policy
okr.topic
International Economics and Trade :: Free Trade
okr.unit
Macroeconomics 1 (ECSP1)
okr.volume
1 of 1

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