TITLE

TURKEY: Hope springs eternal

AUTHOR(S)
Gorvett, Jon
PUB. DATE
June 2003
SOURCE
Middle East;Jun2003, Issue 335, p50
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article focuses on the international launch of Turkey's privatization sale and strategies to develop the economy of the country. Revenue raising is now a major feature of the ruling Justice and Development Party's (AKP's) programme, particularly since almost all the economic analysts in Istanbul are predicting a financing short fall of around $4bn. In order to boost income, the government has put forward plans to sell many state assets, from forests to parliamentary deputies' lodgings and announced a tax amnesty that trades possible prosecution over unpaid back taxes for a quick one off, wipe the slate clean payment. While cutting the privileges of the higher state employees has a certain attraction to many of the AKP's supporters, cutting social security and health care provision, slashing education budgets and raising the minimum wage do little but cause anger to the millions of Turks who depend on them.
ACCESSION #
9993178

 

Related Articles

  • ECONOMY.  // Background Notes on Countries of the World: Republic of Turkey;Dec2005, p4 

    This article presents information on the economic conditions in Turkey as of December 2005. In 1980, the country developed a series of reforms to change its economy from insulated system to a more private-sector market-based model. The reforms led to economic growth but unfortunately it resulted...

  • NO FREE LUNCH FOR ANKARA.  // Middle East;Jan2002, Issue 319, p28 

    Focuses on the issue related to economic crisis in Ankara, Turkey. Emphasis on the rise of inflation rate; Concerns over the domestic foreign debt of Turkish Treasury; Details on privatization campaign by the government.

  • Turkey goes private. Gorvett, Jon // Middle East;Dec99, Issue 296, p28 

    Reports the privatization program of the state industries in Turkey. Economic problems of Turkey; Benefits of the privatization project; State industries that will be put up for sale; Doubts of investors in the privatization; Concerns of Turkish unions on company downsizing; Disadvantages of the...

  • chapter 2: Economic Outlook.  // Turkey Business Forecast Report;2007 Quarter1, p11 

    The article presents an economic outlook of Turkey including the strengths, weakness, opportunities for improvements and threat analysis, and economic activity for 2007.

  • INTERNATIONAL INTELLIGENCE TURKEY. Lock, Jodie // Building Design;10/7/2011, Issue 1984, p7 

    The article reports on the economic performance of Turkey, which positioned as an emerging economy on a global scale with positive labour-market developments, credit expansion, and confidence in the economy that supports its growth.

  • New challenges facing the Turkish economy.  // OECD Economic Surveys: Turkey;Jul2008, Vol. 2008 Issue 14, p19 

    Over the past two decades Turkey has successfully implemented a growth strategy based on competitive markets. The strategy nurtured a highly dynamic and vibrant private business sector, which started to make much more effective use of global capital, technology and market resources. However,...

  • CUMHURIYET D�NEMI'NDE EREGLI K�M�R HAVZASI (1920-1940). Kara, Murat // Dokuz Eylul University Journal of Graduate School of Social Scie;Mar2012, Vol. 14 Issue 1, p111 

    National Government and Republican Administration has paid special attention to economics and done important works in the economic sphere in the country. The establishment of Ministry of Economics, Law for the Encouragement of Industry, making of Workers Law, organizing of Izmir Economy...

  • Growth Remains Unbalanced.  // Middle East Monitor: East Med;Oct2005, Vol. 15 Issue 10, p4 

    The article reports that Turkey was one of the fastest growing economies in the world in 2004, but the pace will slow markedly in 2005 and 2006. Crucially, private sector spending growth is falling to more sustainable levels, while hopes that the external sector would gain momentum have been...

  • Pulling It Together. Moore, Howard L. // Global Finance;Oct98, Vol. 12 Issue 10, p113 

    Focuses on how the Turkish government is making a demonstrated effort to attract investment. Success of the country's privatization efforts; Details on tax reform; Information on Turkish politics; Discussion on Turkey's economy. INSET: After a decade of stumbling, a privatization success story.

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics