Turkey’s Volatile Growth

Economic growth represents a quantitative increase in gross domestic product; but it is necessary for long-term and continuous growth to become an important developmental indicator. Turkey in line with development plans, has identified potential economic growth rates; but these ratios have not been realized and the growth has followed a rolling path over the years. This has hampered the continuity of economic growth. Behind this situation, which is described as volatility, many factors play an important role, especially the wage employment structure of the country, social and military expenditures, institutional characteristics. The aim of this study is to analyze the reasons behind Turkey's volatile growth, to discuss how to ensure stable growth