The reforms, combined with unprecedented amounts of funding from foreign loans, spurred rapid economic growth; but this growth was punctuated by sharp recessions and financial crises in 1994, 1999 (following the earthquake in Izmit that year), and 2001; resulting in an average of 4 percent GDP growth per annum between 1981 and 2003.
Reformerne lagde grunden til stor vækst, men denne vækst blev afbrudt af perioder med stærk recession og finansielle kriser i 1994, 1999 (efter jordskælvet det år), og 2001, resulterende i en gennemsnitlig vækst i BNP på 4% per år mellem 1981 og 2003.