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Table of contents; Executive summary; Key policy recommendations; Assessment and recommendations; Turkey's vigorous post-crisis recovery has drawn heavily on foreign saving; Figure 1. Turkey's performance has been strong, but imbalances have emerged; Figure 2. Strong employment performance; Figure 3...

Figure 5. Public and private saving and investmentMonetary policy; Figure 6. Inflation since 2001; Figure 7. Inflation and monetary policy; Box 1. Monetary policy recommendations; Fiscal policy; Figure 8. Fiscal performance remains robust; Box 2. Fiscal policy recommendations; Financial sector polic...

Figure 10. The structure of employment is still weakFigure 11. Labour productivity and degree of formalisation in selected sectors; Box 4. Labour market and formalisation recommendations; Strengthening human capital; Box 5. Recommendations on human capital development; Social cohesion policies; Figu...

Quality of life: the case of air pollutants and greenhouse gas emissionsFigure 14. Greenhouse gas emissions are low but have strongly increased despite high implicit carbon prices; Box 8. Recommendations on greenhouse gas emissions and air quality; Bibliography; Annex A1.Past OECD recommendations on...

Box 1.1. Current account imbalances: international experience and theoretical considerationsKey features of Turkey's current account developments; Figure 1.2. Current account developments; Accumulated competitiveness losses led to a marked worsening of the trade balance; Figure 1.3. Trade developmen...

Figure 1.6. The financing of the current account has worsened after the crisis