Abstracts » Economics

Can new prime minister bring down inflation and public borrowing?

Article Abstract:

Turkey's new prime minister, Tansu Ciller, is likely to emphasize two economic issues: controlling inflation and improving the country's public finances. Specifically, Ciller must seek to reverse rising public sector borrowing and domestic debt stock. Although Ciller suggested drastically increasing the money supply as a cure for these problems, she is actually unlikely to pursue any major new departures in policy. As Turkey's first woman prime minister, Ciller is known for her ambition, political conservatism and rapid rise from obscurity to power.

Ciller, Tansu

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Another difficult year likely despite stabilization package

Article Abstract:

The package of stabilization measures proposed by the Turkish government was well received, but is too optimistic and inconsistent to achieve its goals. The government program's targets include controlling inflation, increasing employment and production, improving income distribution, expand market mechanisms, integration into the global markets, promote democracy and reduce government role in the economy. Problems with the stabilization package are analyzed in detail.

Economic stabilization

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Turkey: imports and exports, inflation, output, current account

Article Abstract:

Turkey experienced increases in trade, consumer and wholesale prices, inflation and other areas in 1991. Statistics are given for notable areas of economic activity.

Economic aspects, Commercial statistics

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