Turkey’s Tourism Sector: Recent Developments and the Impact on the Broader Economy

“After a decade of a vibrant development Turkish tourism sector was hit by a major fall in foreign tourists’ arrivals. This [IMF] study takes stock of recent developments and considers potential spillovers from tourism sector to other parts of the economy. It finds that a negative shock to foreign arrivals had a significant impact on the economic activity in 2016, while the recovery prospects remain subdued”, says IMF report on Turkey.

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Posted by at 2:49 PM

Labels: Unemployment

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