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Managing The Soft Landing Of The Turkish Economy. Better Late Than Never

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Managing The Soft Landing Of The Turkish Economy. Better Late Than Never

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 ...

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