In 2015 - Economics of Development

Topic: Economics of Development
Country: Turkey
Delegate Name: Madeline Kugler
School: Williamston High School

Topic page: background guide and all position papers All Turkey position papers GLIMUN 2015 committees

Governments shape the well being of their countries. This is under two categories; one involves obtaining raw materials and basic foods. The second is transforming unprocessed materials into finished products.

Many developing countries tend to focus on resource extraction, involving agriculture, forestry, fishing, and mining to sustain their economies. To improve their country’s economic standing, governments tend to invest in physical infrastructure and encourage entrepreneurs to form small and medium sized businesses (roads, water, bridges). Healthcare and education provide a more productive workforce (illness is less efficient). Countries tend to engage primarily in agriculture and further developing their manufacturing and education sectors. (This committee should discuss what economic sectors a country might choose to develop and how to determine which gets priority).

Turkey’s economy is the 70th freest in the 2015 index that is that we have free liberties and a democracy. Turkey’s economic freedom score has declined by 1.0 point since 2011. Turkey has a structural economic weakness; this includes an overregulated (labor market, high minimum wages, and low female participation in the workforce, poor education, and the fastest growing economy in Europe). Our nation has the world’s leading producers in agricultural products; textiles; motor vehicles, ships and other transportation; construction materials; consumer electronics and home appliances.

Turkey’s commitment to economic freedom is vital given its position as an important emerging market (its economic freedom rests on relatively stable). Turkey’s government emphasizes on the need to reduce public growth. Trying to increase their manufacturing and export goods to merging market nations, such as Iraq.