Economics, Econometrics and Finance
8 years ago

Boosting Private Investment in Turkey Leads to Sustainable Economic Growth

The Role of Public and Private Investment to Ensure Sustainable Macroeconomic Stability in Turkey
Ömer Faruk Altunç, Bilge Şentürk

Paper Summary

Private investment is crucial for economic growth and poverty reduction in developing countries like Turkey. A study analyzed data from 1980 to 2009 and found that public investment complements private investment, leading to GDP growth. Additionally, the study showed that credit constraints significantly impact private investments in Turkey.

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