Turkey in 2023 will be a member of the EU
DR. AKKAN SUVER
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We are on the eve of a new year. Turkey is drawing raising figures in many areas as a result of its general direction, especially internal politics, general economic performance and the implementation of consistent policies. At the end of 2012, the economic data that are being declared about Turkey’s economy indicate various aspects. On one hand, the raise in the credit ratings and decrease in inflation reduced the current account deficit, improved expectations, and lowered interest rates and finally improved industrial production. On the other hand, there is the interrupted budget balance, slowed development rate and increase in unemployment. The implemented economic policies reduced the current account deficit and through reduced risks increases in the credit ratings are observed, but the fact remains that a recession in the capacity to create employment is being experienced as well.
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