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Turkey

Author

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  • Mihai Bratu

Abstract

The changement of the image of a country needs a long period of time, but Turkey succeed this problem less then a decade. Political situation face an accentuated improvement in the last 10 years. The economy has suffered from the financial and economic crise spread all over the world. As a matter of fact, from 2009, the government from Ankara takes measures rapidly, on time to growth the productive and investitional activity concretized in 2010-2011 in the realization of the best rhythms of economic growth. Financial crisis from 2009 hit tough Turkish economy by semnificative diminuation of the internal demand, of the the volume of ISD and diminuation exports volume, as a result of reduction of external demand. Unfavourable situation was gone because of existing of a healthy and prepared banking system, which supported relaxation of the investitional activities.

Suggested Citation

  • Mihai Bratu, 2012. "Turkey," Conjunctura economiei mondiale / World Economic Studies, Institute for World Economy, Romanian Academy.
    • Handle: RePEc:iem:conjun:y:2012:id:2822000009562179
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