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Thursday, September 13, 2012

Turkey GDP growth: from go-go to gold | beyondbrics

Turkey GDP growth: from go-go to gold
 by Daniel Dombey

The 2.9 per cent annual growth Turkey notched up for the second quarter – in figures issued on Monday – tells a very different tale about the country’s economy than did the go-go figures of 2010-2011.

Today the story is one of soaring exports, declining domestic demand and unanswered questions about whether the spectacular economic expansion of the past decade is a thing of the past.

More:Turkey GDP growth: from go-go to gold | beyondbrics