The Economic Impact Of Globalization On Turkey

Essay specific features

 

Issue:

Business

 

Written by:

Vera M

 

Date added:

August 9, 2014

 

Level:

University

 

Grade:

A

 

No of pages / words:

23 / 6199

 

Was viewed:

6428 times

 

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Essay content:

GDP growth has been revised to 3.6% for 2008 (against 4.3% previously) and to 3.0% for 2009 (previously 4.0%). Turkey’s unemployment rate rose to 9.4%. The slowdown in growth in 2007 (GDP growth of 4.5%) and 1H08 was mainly due to the deceleration in domestic credit following the rise in domestic interest rate (to dampen an acceleration in inflation)...
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Turkey’s unemployment rate rose to 9.4%. The slowdown in growth in 2007 (GDP growth of 4.5%) and 1H08 was mainly due to the deceleration in domestic credit following the rise in domestic interest rate (to dampen an acceleration in inflation). External financing of the country’s large account deficit is becoming more challenging given the decline in FDI inflows and the global financial turmoil...
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