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Turkey's successful economic growth
by Abdurrahim Güleç
Turkish economy still continues to grow in a fast pace. After the economic crisis of 2001, Turkey is now experiencing
a remarkable period of economic expansion, characterised by strong growth, accelerating productivity, arecord-breaking investment boom, and rapidly declining inflation. International Monetary Fund (IMF) announced that the Gross Domestic Product (GDP), which was supported by private investments and private spendings, growed by 5.8 % in 2003, when the growth rate 2004 and 2005 was predicted as average 5 %. According to its report "Economic Appearance of the World", the inflation rate which was predicted to appear as 12 % in Turkey this year, was expected to be 10.6 % in 2005. In accordance with the report of the Institute of International Finance (IIF) regarding the possible foreign capital flows in 2004, Turkey will be the most attractive address among the developing markets in Europe. After the information gathered
from the report of IIF, where increase in both direct and indirect foreign investment was expected, over US-$ 5 billion
of foreign capital flow in terms of portfolio (Continued Link PDF 1 MB)<a/>
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Avrupa Türkleri Üzerine Bilgiler / Daten Über Europäische Türken
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