An Assessment of the Pattern of Turkish Manufactured Export Growth in the 1980s and its Prospects

Abstract

Turkey’s trade and industrialization policies until 1980 were characterized by strong inward-orientation. All indices of trade orientation put her well behind cross-country norms with exports in 1979 constituting only 3.2 per cent of GNP. Although a wide range of export promotion policies were in operation since 1963, the trade regime remained heavily biased against exports. Consequently, exports were dependent on a handful of traditional commodities like cotton, tobacco, hazelnuts, dried figs and raisins while manufactured exports constituted only 27.4 per cent of the total as late as 1979. These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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