Turkey on the way to high income
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Turkey on the way to high income. Martin Raiser Country Director World Bank. Key Messages. Turkey has done well in the past decade Due to demographics, past reform efforts and relatively strong financial buffers Turkey is likely to do well in the next decade

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Turkey on the way to high income

Turkey on the way to high income

Martin Raiser

Country Director

World Bank


Key messages
Key Messages

  • Turkey has done well in the past decade

  • Due to demographics, past reform efforts and relatively strong financial buffers Turkey is likely to do well in the next decade

  • To avoid a growth slow-down at high income, Turkey needs to deepen structural reforms






The shift of economic activity to the east has played a big role in inclusion
The shift of economic activity to the East has played a big role in inclusion

Spatial distribution of newly created firms between 2007-2011



And improved public services
And improved public services role in inclusion





The middle income trap
The middle income trap foreign financing









Turkey an emerging regional and global power1
Turkey: an emerging regional and global power fit for high income

Total GDP in 2011 USD, 2011 and 2060)

The 20 largest economies in the world in 2011 and 2060 - OECD


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