TITLE

Industry Forecast Scenario

PUB. DATE
June 2011
SOURCE
Turkey Defence & Security Report;Q2 2011, Issue 2, p78
SOURCE TYPE
Industry Profile
DOC. TYPE
Article
ABSTRACT
The article discusses the forecasts of Business Monitor International Ltd. (BMI) for Turkey's economy, particularly for the defense industry. It says that the military spending of the country is expected to be below 3% of the gross domestic product (GDP) in 2015. It predicts that the expected restriction of the fiscal policy will result to several defence project revisions and cancellations. It projects a continuous decline of unemployment rates implying the flexibility of the labour market.
ACCESSION #
59973203

 

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