Middle income trap and application to Turkey

Recent studies have shown that middle-income countries cannot reach a higher income group by remaining in the same income group for many years. As a result of the slowdown in the growth rates of the economies of countries, This problem faced by middle-income countries has brought up the concept of middle-income trap. It is defined as "Middle Income Trap (OGT)" of which countries' economic growth rates have been stuck in the middle income level for many years and the inability to transition to high income levels. This has led to an increase in income disparities between developed countries and developing countries, and has led to a discussion of the middle income trap on the agenda. When Middle Income Trap is evaluated in terms of Turkey is a period of nearly 50 years as a country that is inserted into the middle-income trap, the country has passed the upper middle income group in 2005 and the last 14 in the year upper-middle income level remains and is determined transition can not be made to the high-income group of countries. examine theoretical substructure of the concept of the purpose of the middle income trap of this study is to investigate and those who struggle to trapping and giving the country examples that have been able to escape from this struggle, Turkey's middleincome trap, the danger, the long term the country has been analyzed to evaluate the growth conditions and performance. Working both whether the risk of middle income trap of Turkey's economy, as well as factors What of those who will ensure the transition to higher income groups, in the light of social and economic data, is applied to structures by examining the econometric analysis. Keywords: Middle Income Trap, Economic Growth, Turkish economy