Thursday, December 28, 2006

Turkish Business: How Does the Wheel of Real Economy Turn in Turkey?

"How Does the Wheel of Real Economy Turn in Turkey?

By Saruhan Özel
Aksam

Think of a Turkish manufacturer. He is reaching the consumers through his local distributors. He cannot increase the prices too much because, if he does that, due to the competition of the imports, he is going to lose market share. Employment and income growth are both weak as well. "

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