The political economy of import deadlock for price stability in Turkey

Turkiye

Published Nov 11, 2021

Tridge summary

While food prices increase in the world due to drought and pandemics, dollarization and wrong agricultural policies have a great impact on the increase in Turkey. The tax-free import route, which is used to reduce prices, makes the producer a victim and makes Turkey dependent on foreign agriculture in agriculture. The agricultural sector is of great importance for the national economy in terms of meeting the food needs of the population of the country, providing raw materials to the industrial sector, creating demand for industrial products, and, more importantly, being a sector with high added value, contributing to national income and foreign sales.

Original content

While food prices increase in the world due to drought and pandemic, dollarization and wrong agricultural policies have a great impact on the increase in Turkey. The tax-free import route, which is used to reduce prices, makes the producer a victim and makes Turkey dependent on foreign agriculture in agriculture. The agricultural sector is of great importance for the national economy in terms of meeting the food needs of the population of the country, providing raw materials to the industrial sector, creating demand for industrial products and, more importantly, being a sector with high added value, contributing to national income and foreign sales. Why can't Turkey, which is described as an agricultural country, eliminate the increase in food prices? More importantly; While world food prices are in a low upward trend, why are food prices in Turkey in a high upward trend? The fluctuations in the supply of agricultural products in Turkey are a result of both climate change and the ...

Source: TarlaSera