Türkiye hakkında uzak ara en iyi yorumları yazıyor.
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Yazının başlığı Adjustment Pain. Tamamını okumanızı şiddetle tavsiye ediyorum.
"Agriculture and manufacturing sectors are no longer a silo of low-paying jobs. Along with structural adjustments in manufacturing sectors, employment in the agriculture sector declined by 15.9% in the past four years. As a result, the sector now accounts for 27.0% of total employment, down from 35.2% just a couple of years ago. The adjustment phase may be painful for certain segments of the society, but given Turkey’s extremely low farm productivity, these changes, if proved sustainable, will no doubt bring a new dynamism to the economy. Indeed, we are already seeing early signs of factor reallocation. Non-farm employment, for example, increased by 17.1% and led to a marked drop in the non-farm unemployment rate from 15.1% to 13.7% last year. In other words, the economy is creating jobs, but the composition is changing in line with the changes in Turkey’s economic structure away from low-skilled, low-paying jobs. This is why, in order to raise the demand for labour, the authorities need to introduce reforms that would reduce the productivity-adjusted cost of labour relative to the cost of capital in Turkey and to the cost of labour in other countries."
Değişim ve sosyal maliyet konularında kat edecek daha çok mesafemiz var.
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