Turkey, inflation, European Union, national wealth
Turkey a country of about 70 million habitants, disposes of an important internal market but few are developed. The demography is stabilizing and the national wealth per habitant is low-level. In volume, the counties gross domestic product (GDP) reached 192 billion Euros in 2005. However these figures can be relative because according to the economy specialists, the statistics reveals just one part of the Turkish economy. Indeed the black economy is extremely developed, it represents between 40 and 60% of GDP. The Turkish economy is quite far away from achieving their potential because of some strong structural's difficulties.
It has known a succession of crisis and growth periods. The inflation is the main factor of these crises. The state is obliged to finance itself short-run, which is limited the investment capacity of companies in the economy. Turkey wants to integrate into the European Union this will permit Turkeys economy to stabilize integration into EU will make this possible.
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