Turkey : Managing Labor Markets Through the Economic Cycle

The Turkish economy was hit hard by the global economic crisis, but recovered fast and strong. The economy had already started to slow down in 2007, but the global financial events of late 2008 led to a sharp contraction starting in the last quarte...

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Bibliographic Details
Main Author: World Bank
Format: Country Economic Memorandum
Language:English
en_US
Published: Washington, DC 2013
Subjects:
Online Access:http://documents.worldbank.org/curated/en/2013/03/17977691/turkey-managing-labor-markets-through-economic-cycle
http://hdl.handle.net/10986/16067
id okr-10986-16067
recordtype oai_dc
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic ACCOUNTING
ACTIVE LABOR
ACTIVE LABOR MARKET
ACTIVE LABOR MARKET PROGRAMS
ADULT WORKERS
BASIC EDUCATION
BUSINESS CYCLE
CRISES
DEBT CRISIS
DEVELOPMENT ECONOMICS
DISADVANTAGED GROUPS
DRIVERS
EARNINGS GROWTH
EARNINGS INEQUALITY
ECONOMIC DOWNTURNS
ECONOMIC GROWTH
ECONOMIC SLOWDOWN
EMPLOYABILITY
EMPLOYMENT
EMPLOYMENT AGENCIES
EMPLOYMENT GROWTH
EMPLOYMENT PROTECTION LEGISLATION
EMPLOYMENT RATE
EMPLOYMENT RATES
EMPLOYMENT SERVICES
FAMILY LABOR
FEMALE EMPLOYMENT
FERTILITY
FINDING EMPLOYMENT
FIRM GROWTH
FLOW OF PEOPLE
FORMAL SECTOR WAGES
FORMAL SECTOR WORKERS
GENDER GAP
GENDER GAP IN EDUCATION
GROSS DOMESTIC PRODUCT
HEALTH INSURANCE
HOUSEHOLD INCOME
HOUSEHOLD LEVEL
HUMAN CAPITAL
HUMAN DEVELOPMENT
HUMAN RESOURCES
IMPACT OF POLICIES
INFORMAL EMPLOYMENT
INFORMAL SECTOR
INFORMATION SYSTEM
INNOVATION
INVENTORY
JOB CREATION
JOB LOSSES
JOB SEARCH
JOB SEARCH ASSISTANCE
JOB SEEKERS
JOB STATUS
JOBS
LABOR CONTRACTS
LABOR COSTS
LABOR DEMAND
LABOR FORCE
LABOR FORCE PARTICIPATION
LABOR LAWS
LABOR MARKET ADJUSTMENT
LABOR MARKET CONDITIONS
LABOR MARKET INDICATOR
LABOR MARKET INDICATORS
LABOR MARKET INSTITUTIONS
LABOR MARKET OUTCOMES
LABOR MARKET PERFORMANCE
LABOR MARKET REFORM
LABOR MARKET REGULATIONS
LABOR MARKETS
LABOR PRODUCTIVITY
LABOR PRODUCTIVITY GROWTH
LABOR REGULATIONS
LAYOFFS
LEGISLATIVE CHANGES
LEVEL OF EDUCATION
LIFE SKILLS
LIMITED JOB OPPORTUNITIES
LIVING CONDITIONS
LOW EMPLOYMENT
LOW LABOR PRODUCTIVITY
MALE WORKERS
MINIMUM WAGE
MINIMUM WAGES
MORAL HAZARD
NUMBER OF WORKERS
PAID WORKERS
PENSIONS
POLICY RESPONSE
POPULATION PROJECTIONS
PRESENT STUDY
PRIMARY EDUCATION
PRODUCTIVE EMPLOYMENT
PRODUCTIVITY LEVEL
PROGRESS
PUBLIC SUPPORT
PUBLIC WORKS
PUBLIC WORKS PROGRAM
PUBLIC WORKS PROGRAMS
REAL INCOME
REAL WAGE
REAL WAGES
RURAL AREAS
RURAL EMPLOYMENT
RURAL RESIDENTS
SALARIED WORKERS
SECONDARY EDUCATION
SECONDARY SCHOOL
SELF-EMPLOYMENT INCOME
SERVICE DELIVERY
SEVERANCE PAY
SEVERANCE PAYMENTS
SKILLED LABOR
SKILLED WORKERS
SOCIAL BENEFITS
SOCIAL NEEDS
SOCIAL POLICIES
SOCIAL PROTECTION
SOCIAL SECURITY
SOCIAL SUPPORT
TEMPORARY EMPLOYMENT
TEMPORARY WORKERS
TOTAL EMPLOYMENT
TOTAL FACTOR PRODUCTIVITY
UNEMPLOYED
UNEMPLOYMENT
UNEMPLOYMENT ASSISTANCE
UNEMPLOYMENT BENEFITS
UNEMPLOYMENT DURATION
UNEMPLOYMENT INSURANCE
UNEMPLOYMENT INSURANCE FUND
UNEMPLOYMENT RATE
UNEMPLOYMENT RATES
UNEMPLOYMENT SPELL
UNIVERSAL PRIMARY EDUCATION
UNPAID FAMILY WORKERS
URBAN AREAS
URBAN WORKERS
URBANIZATION
VOCATIONAL COURSE
VOCATIONAL TRAINING
VULNERABLE GROUPS
WAGE BILL
WAGE EMPLOYMENT
WAGE GAP
WAGE GROWTH
WAGE INEQUALITIES
WAGE POLICIES
WAGE RATES
WAGE SECTOR
WORK EXPERIENCE
WORK REQUIREMENTS
WORK SHARING
WORKER
WORKERS
WORKING
WORKING HOURS
WORKING WOMEN
WORKING-AGE POPULATION
YOUNG PEOPLE
YOUNG WORKERS
YOUTH EMPLOYMENT
YOUTH LABOR
YOUTH UNEMPLOYMENT
YOUTH UNEMPLOYMENT RATE
spellingShingle ACCOUNTING
ACTIVE LABOR
ACTIVE LABOR MARKET
ACTIVE LABOR MARKET PROGRAMS
ADULT WORKERS
BASIC EDUCATION
BUSINESS CYCLE
CRISES
DEBT CRISIS
DEVELOPMENT ECONOMICS
DISADVANTAGED GROUPS
DRIVERS
EARNINGS GROWTH
EARNINGS INEQUALITY
ECONOMIC DOWNTURNS
ECONOMIC GROWTH
ECONOMIC SLOWDOWN
EMPLOYABILITY
EMPLOYMENT
EMPLOYMENT AGENCIES
EMPLOYMENT GROWTH
EMPLOYMENT PROTECTION LEGISLATION
EMPLOYMENT RATE
EMPLOYMENT RATES
EMPLOYMENT SERVICES
FAMILY LABOR
FEMALE EMPLOYMENT
FERTILITY
FINDING EMPLOYMENT
FIRM GROWTH
FLOW OF PEOPLE
FORMAL SECTOR WAGES
FORMAL SECTOR WORKERS
GENDER GAP
GENDER GAP IN EDUCATION
GROSS DOMESTIC PRODUCT
HEALTH INSURANCE
HOUSEHOLD INCOME
HOUSEHOLD LEVEL
HUMAN CAPITAL
HUMAN DEVELOPMENT
HUMAN RESOURCES
IMPACT OF POLICIES
INFORMAL EMPLOYMENT
INFORMAL SECTOR
INFORMATION SYSTEM
INNOVATION
INVENTORY
JOB CREATION
JOB LOSSES
JOB SEARCH
JOB SEARCH ASSISTANCE
JOB SEEKERS
JOB STATUS
JOBS
LABOR CONTRACTS
LABOR COSTS
LABOR DEMAND
LABOR FORCE
LABOR FORCE PARTICIPATION
LABOR LAWS
LABOR MARKET ADJUSTMENT
LABOR MARKET CONDITIONS
LABOR MARKET INDICATOR
LABOR MARKET INDICATORS
LABOR MARKET INSTITUTIONS
LABOR MARKET OUTCOMES
LABOR MARKET PERFORMANCE
LABOR MARKET REFORM
LABOR MARKET REGULATIONS
LABOR MARKETS
LABOR PRODUCTIVITY
LABOR PRODUCTIVITY GROWTH
LABOR REGULATIONS
LAYOFFS
LEGISLATIVE CHANGES
LEVEL OF EDUCATION
LIFE SKILLS
LIMITED JOB OPPORTUNITIES
LIVING CONDITIONS
LOW EMPLOYMENT
LOW LABOR PRODUCTIVITY
MALE WORKERS
MINIMUM WAGE
MINIMUM WAGES
MORAL HAZARD
NUMBER OF WORKERS
PAID WORKERS
PENSIONS
POLICY RESPONSE
POPULATION PROJECTIONS
PRESENT STUDY
PRIMARY EDUCATION
PRODUCTIVE EMPLOYMENT
PRODUCTIVITY LEVEL
PROGRESS
PUBLIC SUPPORT
PUBLIC WORKS
PUBLIC WORKS PROGRAM
PUBLIC WORKS PROGRAMS
REAL INCOME
REAL WAGE
REAL WAGES
RURAL AREAS
RURAL EMPLOYMENT
RURAL RESIDENTS
SALARIED WORKERS
SECONDARY EDUCATION
SECONDARY SCHOOL
SELF-EMPLOYMENT INCOME
SERVICE DELIVERY
SEVERANCE PAY
SEVERANCE PAYMENTS
SKILLED LABOR
SKILLED WORKERS
SOCIAL BENEFITS
SOCIAL NEEDS
SOCIAL POLICIES
SOCIAL PROTECTION
SOCIAL SECURITY
SOCIAL SUPPORT
TEMPORARY EMPLOYMENT
TEMPORARY WORKERS
TOTAL EMPLOYMENT
TOTAL FACTOR PRODUCTIVITY
UNEMPLOYED
UNEMPLOYMENT
UNEMPLOYMENT ASSISTANCE
UNEMPLOYMENT BENEFITS
UNEMPLOYMENT DURATION
UNEMPLOYMENT INSURANCE
UNEMPLOYMENT INSURANCE FUND
UNEMPLOYMENT RATE
UNEMPLOYMENT RATES
UNEMPLOYMENT SPELL
UNIVERSAL PRIMARY EDUCATION
UNPAID FAMILY WORKERS
URBAN AREAS
URBAN WORKERS
URBANIZATION
VOCATIONAL COURSE
VOCATIONAL TRAINING
VULNERABLE GROUPS
WAGE BILL
WAGE EMPLOYMENT
WAGE GAP
WAGE GROWTH
WAGE INEQUALITIES
WAGE POLICIES
WAGE RATES
WAGE SECTOR
WORK EXPERIENCE
WORK REQUIREMENTS
WORK SHARING
WORKER
WORKERS
WORKING
WORKING HOURS
WORKING WOMEN
WORKING-AGE POPULATION
YOUNG PEOPLE
YOUNG WORKERS
YOUTH EMPLOYMENT
YOUTH LABOR
YOUTH UNEMPLOYMENT
YOUTH UNEMPLOYMENT RATE
World Bank
Turkey : Managing Labor Markets Through the Economic Cycle
geographic_facet Europe and Central Asia
Turkey
description The Turkish economy was hit hard by the global economic crisis, but recovered fast and strong. The economy had already started to slow down in 2007, but the global financial events of late 2008 led to a sharp contraction starting in the last quarter of 2008 until growth resumed in the last quarter of 2009. The recovery was rapid, with growth reaching 9 percent in 2010 and 8.5 percent in 2011. This study looks at how the labor market fared during the recent downturn and recovery and informs policies to manage labor markets through the economic cycle and address the jobs challenge in Turkey. The study investigates: (i) pre-crisis labor market trends and the structural jobs challenge in Turkey; (ii) aggregate and distributional impacts of the recent crisis, and subsequent recovery, on the labor market; and (iii) recent policy measures and existing labor market institutions in the context of observed labor market outcomes. Based on this analysis and a comparison with selected countries from around the world, the study suggests options to improve the responsiveness of policies to future crises and to adjust the policy mix through the economic cycle. Finally, the study links policies to manage labor markets through the cycle with measures to address the longer term, structural jobs challenge in Turkey.
format Economic & Sector Work :: Country Economic Memorandum
author World Bank
author_facet World Bank
author_sort World Bank
title Turkey : Managing Labor Markets Through the Economic Cycle
title_short Turkey : Managing Labor Markets Through the Economic Cycle
title_full Turkey : Managing Labor Markets Through the Economic Cycle
title_fullStr Turkey : Managing Labor Markets Through the Economic Cycle
title_full_unstemmed Turkey : Managing Labor Markets Through the Economic Cycle
title_sort turkey : managing labor markets through the economic cycle
publisher Washington, DC
publishDate 2013
url http://documents.worldbank.org/curated/en/2013/03/17977691/turkey-managing-labor-markets-through-economic-cycle
http://hdl.handle.net/10986/16067
_version_ 1764431424003244032
spelling okr-10986-160672021-04-23T14:03:22Z Turkey : Managing Labor Markets Through the Economic Cycle World Bank ACCOUNTING ACTIVE LABOR ACTIVE LABOR MARKET ACTIVE LABOR MARKET PROGRAMS ADULT WORKERS BASIC EDUCATION BUSINESS CYCLE CRISES DEBT CRISIS DEVELOPMENT ECONOMICS DISADVANTAGED GROUPS DRIVERS EARNINGS GROWTH EARNINGS INEQUALITY ECONOMIC DOWNTURNS ECONOMIC GROWTH ECONOMIC SLOWDOWN EMPLOYABILITY EMPLOYMENT EMPLOYMENT AGENCIES EMPLOYMENT GROWTH EMPLOYMENT PROTECTION LEGISLATION EMPLOYMENT RATE EMPLOYMENT RATES EMPLOYMENT SERVICES FAMILY LABOR FEMALE EMPLOYMENT FERTILITY FINDING EMPLOYMENT FIRM GROWTH FLOW OF PEOPLE FORMAL SECTOR WAGES FORMAL SECTOR WORKERS GENDER GAP GENDER GAP IN EDUCATION GROSS DOMESTIC PRODUCT HEALTH INSURANCE HOUSEHOLD INCOME HOUSEHOLD LEVEL HUMAN CAPITAL HUMAN DEVELOPMENT HUMAN RESOURCES IMPACT OF POLICIES INFORMAL EMPLOYMENT INFORMAL SECTOR INFORMATION SYSTEM INNOVATION INVENTORY JOB CREATION JOB LOSSES JOB SEARCH JOB SEARCH ASSISTANCE JOB SEEKERS JOB STATUS JOBS LABOR CONTRACTS LABOR COSTS LABOR DEMAND LABOR FORCE LABOR FORCE PARTICIPATION LABOR LAWS LABOR MARKET ADJUSTMENT LABOR MARKET CONDITIONS LABOR MARKET INDICATOR LABOR MARKET INDICATORS LABOR MARKET INSTITUTIONS LABOR MARKET OUTCOMES LABOR MARKET PERFORMANCE LABOR MARKET REFORM LABOR MARKET REGULATIONS LABOR MARKETS LABOR PRODUCTIVITY LABOR PRODUCTIVITY GROWTH LABOR REGULATIONS LAYOFFS LEGISLATIVE CHANGES LEVEL OF EDUCATION LIFE SKILLS LIMITED JOB OPPORTUNITIES LIVING CONDITIONS LOW EMPLOYMENT LOW LABOR PRODUCTIVITY MALE WORKERS MINIMUM WAGE MINIMUM WAGES MORAL HAZARD NUMBER OF WORKERS PAID WORKERS PENSIONS POLICY RESPONSE POPULATION PROJECTIONS PRESENT STUDY PRIMARY EDUCATION PRODUCTIVE EMPLOYMENT PRODUCTIVITY LEVEL PROGRESS PUBLIC SUPPORT PUBLIC WORKS PUBLIC WORKS PROGRAM PUBLIC WORKS PROGRAMS REAL INCOME REAL WAGE REAL WAGES RURAL AREAS RURAL EMPLOYMENT RURAL RESIDENTS SALARIED WORKERS SECONDARY EDUCATION SECONDARY SCHOOL SELF-EMPLOYMENT INCOME SERVICE DELIVERY SEVERANCE PAY SEVERANCE PAYMENTS SKILLED LABOR SKILLED WORKERS SOCIAL BENEFITS SOCIAL NEEDS SOCIAL POLICIES SOCIAL PROTECTION SOCIAL SECURITY SOCIAL SUPPORT TEMPORARY EMPLOYMENT TEMPORARY WORKERS TOTAL EMPLOYMENT TOTAL FACTOR PRODUCTIVITY UNEMPLOYED UNEMPLOYMENT UNEMPLOYMENT ASSISTANCE UNEMPLOYMENT BENEFITS UNEMPLOYMENT DURATION UNEMPLOYMENT INSURANCE UNEMPLOYMENT INSURANCE FUND UNEMPLOYMENT RATE UNEMPLOYMENT RATES UNEMPLOYMENT SPELL UNIVERSAL PRIMARY EDUCATION UNPAID FAMILY WORKERS URBAN AREAS URBAN WORKERS URBANIZATION VOCATIONAL COURSE VOCATIONAL TRAINING VULNERABLE GROUPS WAGE BILL WAGE EMPLOYMENT WAGE GAP WAGE GROWTH WAGE INEQUALITIES WAGE POLICIES WAGE RATES WAGE SECTOR WORK EXPERIENCE WORK REQUIREMENTS WORK SHARING WORKER WORKERS WORKING WORKING HOURS WORKING WOMEN WORKING-AGE POPULATION YOUNG PEOPLE YOUNG WORKERS YOUTH EMPLOYMENT YOUTH LABOR YOUTH UNEMPLOYMENT YOUTH UNEMPLOYMENT RATE The Turkish economy was hit hard by the global economic crisis, but recovered fast and strong. The economy had already started to slow down in 2007, but the global financial events of late 2008 led to a sharp contraction starting in the last quarter of 2008 until growth resumed in the last quarter of 2009. The recovery was rapid, with growth reaching 9 percent in 2010 and 8.5 percent in 2011. This study looks at how the labor market fared during the recent downturn and recovery and informs policies to manage labor markets through the economic cycle and address the jobs challenge in Turkey. The study investigates: (i) pre-crisis labor market trends and the structural jobs challenge in Turkey; (ii) aggregate and distributional impacts of the recent crisis, and subsequent recovery, on the labor market; and (iii) recent policy measures and existing labor market institutions in the context of observed labor market outcomes. Based on this analysis and a comparison with selected countries from around the world, the study suggests options to improve the responsiveness of policies to future crises and to adjust the policy mix through the economic cycle. Finally, the study links policies to manage labor markets through the cycle with measures to address the longer term, structural jobs challenge in Turkey. 2013-10-03T18:36:36Z 2013-10-03T18:36:36Z 2013-03-15 http://documents.worldbank.org/curated/en/2013/03/17977691/turkey-managing-labor-markets-through-economic-cycle http://hdl.handle.net/10986/16067 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Washington, DC Economic & Sector Work :: Country Economic Memorandum Economic & Sector Work Europe and Central Asia Turkey