Notes

Turkey, the process of the competition rules,
private sector economy
The organizer of the camcorder is the pioneer
liberal foreign trade
policy applied
and services of individuals and institutions
freely changeable between
market economy. our Country
especially in recent years, structural reforms
importance, customization
the process is accelerated and public
The order was made for the property.
Financial markets since 2000
mainly agricultural, agricultural,
social security, energy, communication
major reforms in the sector
economic institutions
the infrastructure has been strengthened,
international market
against the future wave
our economy becomes more durable
was introduced. Capital markets
modern-age
many reorganized bureaucratic
the obstacle has either been lifted or
has been reduced to the minimum standard.
The world's top 20, Europe's six largest
Situated in Turkey's economy,
representation of the most powerful economies
is also a member of the G-20.
The economic, social and economic
It is very active politically
it can be said that it is difficult. First of the year
local elections in the quarter, second
and in the third quarter the presidency
elections, the end of the year
In the quarter,
developments have come to the forefront.
Turkey under the shadow of these political
2014 growth in terms of economy
the target is not caught,
inflation target cannot be met,
seriously retarded in the current account deficit
you are alive, your unemployment
double digits, at interest rates
a year of ascension
It has been.
These developments are sometimes carried out within the country,
Sometimes global economic and
political developments.
Indeed, the process of Turkey
a significant amount of hot money
this means that significant increases in exchange rates
it has caused. Financial
to permanently deteriorate the stability
why
Center against exchange rate increases
The Bank is responding to shock interest increases
yielded. Indeed, January 28, 2014
received after the PPK meeting
monetary tightening with decisions
1-week maturity for the purpose
repo interest rate from 4.5 percent
10 level, overnight lending
interest rate of 7.75 percent to 12 percent
borrowing interest
to 8 percent from 3.5 percent
It was raised. Thus, in the legal-political process
living developments before exchange
After the exchange rate and then by the interest rate increase
reflect the real cut. By the way
the tally for slowing internal demand
a decision on the limitation of sales
It was received in January 2014.
Thus, the two elements that drive domestic demand are low interest and credit
The installment opportunity for the card was removed.
These developments may slow down the specific demand
why local elections
due to public investments
especially in consumption expenditures
living increases economy
kept relatively alive. Local
and presidential elections
Turkey's economy after the global more especially
US and EU central banks
decisions.
Developments in 2014
Turkey's economy after 2002
political stability and global
supported by liquidity abundance
domestic demand grows based on harsh imports
come to an end
It has set.
Indeed, covering the years 2015-2017
Medium Term Program and
conversion declared after
action plans for the
of monetary measures
substitution of structural measures
meaning that someone accepts
It comes. Undoubtedly this is delayed
at least in place
it was a change of understanding.
Now, these measures
, national and global conditions
what degree of this program
to make it happen.
Production and Growth
Turkish economy in 2008
in 2009 with the global crisis
economic slowdown
followed by 9.2% in 2010
, in 2011
Growing by 8.5%, China
Following the People's Republic
second country with the highest growth rate
It has been. Growth in 2012
The rate of increase in domestic demand in 2013 is 2.6%
increase in growth rate
And 4.1% respectively.
In the first quarter of 2014
Given the disclosed growth data,
growth targets
seems to be staying quite far away.
3.3% in 2014
growth rate
anticipated, from the first quarter of 2014
at the pace of growth
there has been a steady decline
and growth in the first nine months of the year
the rate was 2.8 percent.