"Turkey and the long decade with the IMF
Comment|A. Erinç Yeldan|17 June 2008|update 61|url
In May Turkey ended its latest stand-by agreement with the IMF. To some this meant the long awaited declaration of autonomy for Turkey and the loss of the final 'consumer' for the IMF. For others who adhere to the neoliberal orthodoxy, this meant the graduation of Turkey and the successful completion of the IMF programme. The reality is that neither is correct. Turkey is currently trapped in a high debt, high unemployment, speculative growth environment; and the independence of its institutions is under siege by the intervention of the IMF and World Bank. There is neither autonomy, nor successful graduation."
More:Turkey and the long decade with the IMF (Bretton Woods Project)
