ABSTRACT
The experience of Turkey with economic policy reform (structural ad justment) in the 1980s is worthy of study for at least two reasons. Turkey was one of the first countries to receive a World Bank struc tural adjustment loan (SAL), the only country to receive a full pro gramme of five SALs, and it received almost one-third of ali SAL funds allocated between 1980 and 1986. Furthermore, the Turkish experience has been analysed extensively. It has been hailed as a suc cess by the World Bank (hereafter referred to as the Bank) and many commentators [Baysan and Blitzer, 1991; Krueger and Turan, 1993; van Wijnbergen et ai., 7992], although others have been more ambivalent [Boratav, 1987; Önis and Webb, 1993; Kirkpatrick and Önis, 1991]. This Chapter examines the Turkish case, and compares it to other adjusting countries, by concentrating on three issues: condi tionality, compliance and sequence. It will be helpful to clarify some terminology at the outset.
