5.1 The Likely Impacts of High Bandwidth Networks on the Turkish
Economy According to the National Broadband Vision Study of
Turkey,* through fostering broadband development the Turkish
economy could gain US$ 4.9-10 billion extra value added each
year thereby boosting its economic growth by 0.8-1.7 percentage
points. This economic momentum enabled by an enhanced broadband
ecosystem would bring 180,000-380,000 new jobs and provide new
income opportunities. This implies that employment creation in
new broadband-related activities would eventually compensate for
job loss due to process optimization and structural
displacements. Through help of a toolkit* the Broadband National
Vision Study reports to find a significant growth impact for the
Turkish economy fueled by broadband enhancing public policies.
In the baseline growth scenario Turkish economy would take off
by an annual rate of 5.0 per cent as depicted in Figure 5‑1, and
it would reach the US$ 1,216 billion GDP level by the end of
2023. Under the broadban