How Turkey used math to drastically boost its economy
The Turkish Statistical Institute (TUIK), an official agency attached to the prime minister’s office, had announced a while ago its intention to change the calculation method used to determine the country’s main economic indicators. The new method was to be based on ESA2010, the European Union’s accounting framework, to align with the way EU countries calculated their gross domestic product (GDP). With this explanation at hand, the planned change seemed necessary and reasonable.
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