The mi̇ddle i̇ncome trap: Türki̇sh example

The middle-income trap is referred to as a phenomenon in which countries catch the level of middle income level depending on the percapita income level announced by World Bank, but then stagnate at middle-income levels for many years and fail to reach the high-income level.Turkey caught this MIT in the 1950s and has remained at this level for about 50 years. Turkey reached a high middle-income level in 2004. The purpose of this thesis is to examine whether Turkey experienced this type of MIT or not. This thesis has sought answers for two questions. The first question is that: Is there any MIT in Turkey? The second question is that: if there is a MIT with which measures it is going to be explained? The income levels of the countries were compared. At the end of our investigation, it is observed that many countries, including Turkey exposed to the middle income trap. Keywords: World Bank, Middle Income, Trap