I asked it my intelligent friend
(Don't say our politicians also same things on paper? that they are aiming these or doing the same things in our state? The academia say the same things in our universities.
Why don't these things work?
What is said as a solution is always empty talk.
We need money, money. There is no capital and equipped people for a technological revolution.)
If I were tasked with revitalizing Turkey's economy as president, my approach would be rooted in long-term, sustainable reforms aimed at enhancing productivity, improving citizens' living standards, and strengthening investor confidence. Here’s how I’d approach it:
1. Stabilize the Currency and Control Inflation
Restore Central Bank Independence: Ensure the Central Bank operates independently, free from political pressure, to set appropriate interest rates and monetary policy aimed at controlling inflation.
Reduce Currency Volatility: Implement policies that reduce dependency on foreign currencies. Promote the use of the Turkish lira in both domestic and international transactions where possible.
2. Tax and Fiscal Policy Reforms
Introduce Progressive Taxation: Increase tax rates for high-income individuals and profitable corporations to address income inequality, while offering relief for lower-income households.
Efficient Public Spending: Re-evaluate public spending, focusing on essential infrastructure, healthcare, and education. Minimize unnecessary government expenditures and improve accountability for public funds.
3. Attract Foreign Direct Investment (FDI)
Legal and Judicial Reforms: Strengthen the rule of law, provide more transparency, and improve the judicial system to attract long-term foreign investors, ensuring property rights and contract enforcement.
Incentivize Strategic Investments: Offer tax breaks, subsidies, and other incentives for sectors with high export potential, tech development, and sustainable energy, creating a diversified and resilient economy.
4. Invest in Education and Workforce Skills
Modernize Education: Focus on STEM fields, vocational training, and digital literacy, aligning education with market demands to close the skills gap and lower youth unemployment.
Adult Retraining Programs: Invest in programs to retrain the existing workforce, especially in areas like technology, sustainable energy, and healthcare, preparing workers for emerging sectors.
5. Encourage Innovation and Entrepreneurship
Support Startups: Establish incubators, provide low-interest loans, and remove bureaucratic barriers for startups, especially in tech, green energy, and digital solutions.
Research and Development (R&D): Increase R&D funding and create partnerships between universities, private sector, and government to foster innovation.
6. Agricultural and Rural Development
Support for Farmers: Implement subsidies and training to help farmers modernize and diversify their products, focusing on high-value and export-oriented crops.
Sustainable Agriculture: Promote environmentally friendly farming practices and invest in water conservation to ensure long-term productivity and resource preservation.
7. Sustainable Energy Policy
Renewable Energy Transition: Increase investments in solar, wind, and hydroelectric power to reduce dependency on imported energy, creating jobs and lowering energy costs for citizens.
Energy Efficiency Programs: Encourage energy-efficient practices in industries and households through subsidies or tax incentives, reducing overall energy costs.
8. Reduce Public Debt and Strengthen Financial Sector
Debt Reduction Strategy: Work on reducing Turkey’s debt burden by improving government efficiency, cutting unnecessary spending, and enhancing revenue streams.
Strengthen Banks: Ensure Turkish banks are well-capitalized and transparent, building a resilient financial sector capable of withstanding economic fluctuations.
9. Encourage Tourism and Export-Oriented Growth
Tourism Promotion: Rejuvenate Turkey’s tourism sector through global marketing campaigns, focusing on eco-tourism, cultural heritage, and medical tourism.
Diversify Exports: Create export incentives for emerging sectors such as technology, renewable energy products, and specialized manufacturing.
10. Promote Social Well-being and Wealth Distribution
Raise Minimum Wage Responsibly: Gradually raise the minimum wage in line with productivity gains to improve living standards without fueling inflation.
Affordable Housing: Implement policies for affordable housing development to ensure that citizens have access to quality living spaces without excessive debt burdens.
Healthcare Improvements: Enhance public healthcare access, focusing on preventive care and affordable services to reduce the financial strain on families.
A reform-focused approach like this, combined with transparent leadership, would help build a resilient, inclusive, and prosperous Turkey, increasing wealth for all citizens. The focus would be on sustainable development, strategic investment, and empowering the Turkish workforce for the futur
data.tuik.gov.tr
as if Trump were Turkish spy
