Turkey and the Exit from the International Monetary Fund Predicament: Stages of Transition from Dependence to Independence

The study aims to identify the reasons for Turkey's borrowing from the International Monetary Fund and its implications for the country's economic reality. It explains how the AKP managed to pull the country out of its economic crisis and achieve a state of prosperity, ultimately enabling Turkey to pay off its entire debt to the International Monetary Fund in 2013. The study is based on a key assumption: "There is a correlation between the ability of the AKP to extract Turkey from the IMF's predicament and to pay off the entire Turkish debt in 2013, and the economic policies implemented by the party since taking office in 2002 as part of the structural reforms it adopted." For this study, both the career approach and the decision-making approach were employed. The study concluded that the new economic policy adopted by the Justice and Development Party since coming to power, based on a strict economic vision focused on fighting corruption and implementing structural reforms, has resulted in a positive economic reality. This enabled Turkey to pay off its entire debt to the International Monetary Fund in 2013. Therefore, the study recommends that Turkey and countries that have successfully paid off their debts to the IMF should form an economic advisory group to support and guide countries seeking to eliminate their debts to the IMF by providing effective solutions and possible assistance.