Zulkarneyn
BANNED
- Joined
- Dec 7, 2010
- Messages
- 2,633
- Reaction score
- 5
- Country
- Location
Why is Turkey's economy continuing to grow?
Watch the video on this page:
BBC News - Why is Turkey's economy continuing to grow?
The Turkish economy continued to grow in 2011 despite European stagnation.
To some it's known as the 'Turkish miracle'.
With Turkey seemingly taking a bigger role in regional foreign affairs, many are looking to the country as an example of sound economic and political practice.
But with a global trade and service balance in debt to the tune of $70bn, will its economy have to slow this year if Turkey is to balance its books?
Turkey is indeed dependent on the European market given that we export half of our goods there. And we definitely need to balance our export - import! We also need to invest more in the east, both to solve the Kurdish issue and to lessen inequality in GDP.
Watch the video on this page:
BBC News - Why is Turkey's economy continuing to grow?
The Turkish economy continued to grow in 2011 despite European stagnation.
To some it's known as the 'Turkish miracle'.
With Turkey seemingly taking a bigger role in regional foreign affairs, many are looking to the country as an example of sound economic and political practice.
But with a global trade and service balance in debt to the tune of $70bn, will its economy have to slow this year if Turkey is to balance its books?
Turkey is indeed dependent on the European market given that we export half of our goods there. And we definitely need to balance our export - import! We also need to invest more in the east, both to solve the Kurdish issue and to lessen inequality in GDP.