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Recently the economic status of the country has been set by erratic economic growth as well as serious imbalances. The GNP growth of Turkey has exceeded 6% in many years, but this expansion has been interrupted by sharp declines in output in 2001. Alson inflation in recent years has been in the high double-digit range, falling to 11...
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The GNP growth of Turkey has exceeded 6% in many years, but this expansion has been interrupted by sharp declines in output in 2001. Alson inflation in recent years has been in the high double-digit range, falling to 11.3% only in 2004. Perhaps it is because of these problems direct foregin investment in Turkey remains low, less than one billion dollars annually...
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