"Turkish Record Growth and Investment
View: Abdurrahman Yildirim
�We have finally surpassed China in successive growth rates, thus becoming the fastest-growing economy in the world for 2004. This is also the highest rate we�ve achieved since 1966.
One reason for this progress is that Turkey has at last been able to secure economic and political stability. Rising foreign capital inflow, depreciating exchange rates and cheaper import costs all helped our economic growth.
The expectation that Turkey will eventually get a date for EU membership talks also had a positive effect on all aspects of our economy, including the financial markets and real estate.
Another reason is that a large number of investments which had to be delayed during the 2001 economic crisis finally went through last year."
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