Suchergebnisse

The authors develop an intertemporal, multi-sector general equilibrium model for Turkey to examine these issues: The decades of the 1980s and 1990s have been a period of transition and adjustment for many developing countries. The transition entailed elimination of quantitative barriers to trade, relaxation of foreign exchange controls, liberalization of capital markets, and fiscal reforms that seek to balance revenues with expenditures. However, many countries found some reforms far easier implemented than others. (DÜI-Sen)