Title: Export incentives and Turkish manufactured exports, 1980-1984
Abstract: Since the introduction of the stabilization program in Turkey in January 1980, export growth has occupied a crucial role in Turkey's development strategy. This represented a major departure from the hitherto followed inward-looking strategy of import substitution. In the changed environment the success on the export front became a sine qua non for the success of the new policy as a whole. The Government, which centralized the administration of export incentives and increased their importance, gave strong indications that it would follow through with this policy. Turkish exports responded strongly: in the period 1980-84 they increased from $2.9 billion to $7.1 billion. Increased export incentives were instrumental in stimulating export growth. These incentives included continuous depreciation of the exchange rate, payment of tax rebates, access to subsidized export credits, and duty-free imports of necessary inputs for exports.
Publication Year: 1986
Publication Date: 1986-04-01
Language: en
Type: book
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Cited By Count: 37
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