Deepening downturn might push Turkey to adopt IMF's reforms

07/17/2009 | Economist (free content), The

At one time, it looked as if Turkey might escape the worst of the recession. But the picture is darkening, the GDP is shrinking rapidly and one of every four youths is unemployed. These stresses are driving the government toward going along with fiscal reforms demanded by the International Monetary Fund, in return for receiving as much as $13 billion in aid.

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Economist (free content), The

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