Turkey’s GDP growth will slow down to a more sustainable 4% in 2012, down from 8.5% in 2011 and 9.0% in 2010. Driven by strong domestic consumption and private investments, Turkey seems to have no problems growing. The problem is the large current account deficit (10% of GDP) that is the result ...
Managing The Soft Landing Of The Turkish Economy. Better Late Than Never
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Back in 2010 China’s economy exceeded Japan’s, raising its position to 2nd place among the big 5 economic nations leaving the 1st place, US in a close range. During the past 30 years China's economy has changed from a centrally planned system that was largely closed to international trade to a more ...