The return to democracy in 1983, and the freedom of political protest that followed have caused economic abuse. The democratization and decentralization of political power led to the dominance of populism that the Turkish system was unable to control or to curb. The economic objective has now been diverted from the quest for stable growth and continues to maximize the distribution of annuities, all in an atmosphere of corruption. It is obvious that this system was not sustainable in the long term. Turkey's misfortune is that this system, probably because of the dynamism inherent in the country, has been sustained longer than expected.
[...] Integration of Turkey in Europe I. Turkey disregards the economic demand of the European Union. a. The economic instability b. The duality between modern and traditional. c. The black market II. Turkey nevertheless possess economic assets a. A new market for Europe b. A strategic place c. The modification of the economic policy I. Turkey disregards the economic demand of the European Union a. [...]
[...] In other words, Turkey will take its place in Europe as a vast market, young, dynamic and growing rapidly. The expansion of the EU market following the accession of Turkey will contribute significantly to its sustainable economic. Moreover, this market will continue its rapid development, adapting its infrastructure to the EU with a growing flow of foreign investment since the opening of accession negotiations and will further strengthen the economic power of the Union. Full liberalization of public goods and services following the accession, will provide direct investment and many advantages to European companies. [...]
[...] The democratization and decentralization of political power led to the dominance of populism. Populism that the Turkish system was unable to control or to curb . The economic objective has now been diverted from the quest for stable growth and continuing to maximize the distribution of annuities, all in an atmosphere of corruption. It is obvious that this system was not sustainable in the long term. The misfortune to Turkey is that this system, probably because of the dynamism inherent in the country, has been sustained longer than expected. [...]
[...] So, Why the Turkish economy did know this chronic inflation with the antipodes of a total disinflationary trend? The simplest answer would be to establish the bond between these figures and a laxity fiscal policy. Indeed, this period of the Turkish economy is characterized by a lack from tax discipline. The tax expenditure constantly increased compared to the public revenues, which gave place to an increasingly heavy debt of the Turkish government. And it is primarily the need to finance this debt which caused and also maintained inflation in Turkey. [...]
[...] Turkey nevertheless possesses economic assets a. A new market for European country The entry of Turkey into the European Union will provide a population of 70 million consumers who will be an important advantage for Europe in the competitive environment between the newly formed economic blocs. Competition arising from the accession will benefit the EU economy and particularly to consumers. According to demographic and economic estimates in 2or 3 decanis, the Turkish population will reach between 80 and 85 million and the GNP will exceed $ 10,000. [...]
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