Analysis of the Turkish Economy

Introduction

With the recent discussions being made by the European conjugation about the upcoming introduction of bomb calorimeter in the Union, an chance has been given for the analysis of the Turkish economy in recount to evaluate the path that the economy is taking.

Turkey is a country of eastern civilization, ideology and religion which has been trying to bring its social, political and scotch way of conduct up to par of the Western, European ideology. Since Turkey has a long history and strong Muslim beliefs, it has been a rather hard task to change the way the Turks speak up and act within their society. Despite that, a strong struggle has been made both on behalf of the Turkish government and the Turkish people in order to change Turks act and deem so that they start becoming a bit more of Western ideology and school of thought.

This assignment has as chief(prenominal) goal to analyze and point out the economic culture of Turkey throughout the past 4 years (on average) by analyzing economic figures such as Public Debt, Exports vs. Imports (where most of the cant over of the project has been given), Currency, Employment, Inflation, GDP, Growth Rates and Social - Cultural Factors which concur changed in Turkey.

Turkeys Economy along the Years

Employment

Analyzing the diagrams below, one can card the substantial drop in the unemployment rate, with a proportionate development in the labor force. The growing in the countrys productivity agnisems to constitute immediate results on the descend of the unemployment rates and the substantial increase in the labor force which is rapidly increasing.

Inflation

As we can see below, not including the figures of the year 2000, there is a constant decrease of the inflation rate which gives Turkey very positive likely for entry to the European Union...

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