ECONOMY IN THE TÜRKİYE OF THE FUTURE

Fundamental transformations await the world’s economies in the upcoming 20 years. For Türkiye to be able to achieve its desired level of prosperity, current structural problems must be solved and preemptive policies must be developed regarding global developments. For Türkiye to attain prosperous and virtuous society of the future, Türkiye needs a sustainable, long-term, fast-growing economy based on social justice. The Economy in the Türkiye of the Future report provides a holistic vision for achieving the infrastructure of the prosperous and virtuous society of the future. The report meticulously analyzes Türkiye’s contemporary economy in the light of data and presents the necessary fields to focus on for the future and which kinds of policy ought to be handled with what kind of a perspective in accordance with the advantages and disadvantages. The report touches upon three global trends and their potential impact on national economies and Türkiye. It then addresses social justice, sustainability, in the context of long-term economic growth, demographic dynamics and the workforce, Islamic finance, international trade, and sectors deemed strategic. The report focuses on the structural properties that determine the long-term economy rather than short-term economic fluctuations. Many of Türkiye’s short-term problems arise from the lack of long-term policies. To this end, the report’s most important emphasis is on the need for long-term policies.