Turkey Achieves EU Standards till 2023

Turkey as a candidate for EU membership has within a decade managed to effectively develop its economy, stabilize the banking sector and maintain the indebtedness of the state low. It currently represents the sixth largest economy in Europe. Globally it is standing in the sixteenth place. The negative balance of payments is classified as problematic, a major part of the deficit is due to energy imports (natural gas, oil).

The goal is to economically move up to the centenary of the Republic in 2023 worldwide to the tenth position and become a serious regional power. This is an ambitious goal. While it perhaps cannot be achieved so quickly, at a forecasted average annual growth rate of 4.4 percent, the Eurasian country most probably will shine 2023 even much better than today, as in the next years it is going to complete new infrastructure projects such as nuclear power plants, the third bridge over the Bosporus, expansion of the nationwide fast-rail network, construction of the great airport in Istanbul, the tube under the Bosporus for rail and motor vehicles, erection of additional pipelines for the transport of oil and natural gas from the producing countries through Turkey to Europe etc., and last but not least the accelerated development of rural areas.



Copyright: © Thomé-Kozmiensky Verlag GmbH
Quelle: Waste Management, Volume 4 (November 2014)
Seiten: 7
Preis: € 0,00
Autor: Professor Dr.-Ing. Oktay Tabasaran
 
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