RAS History & PhilologyAsia and Africa Today

  • ISSN (Print) 0321-5075
  • ISSN (Online)2782-2389

WHO PAYS FOR ECONOMIC GROWTH OF TURKEY

PII
S0321-50750000617-4-1
DOI
10.31857/S50000617-4-1
Publication type
Article
Status
Published
Authors
Volume/ Edition
Volume / Issue 7
Pages
29-34
Abstract
The article focuses on rather high dependency ratio of Turkey’s economic development on external financial sources evidenced by the stable growth of the deficit of balance of payments of current account. The author analyzes the main sources used to cover the deficit - foreign direct and other investments (foreign loans). Their geographical structure indicates to the fact that financially Turkey stay bound to Western countries. So in spite of Turkey’s rising activity in the broad region it is too early to claim that Turkish foreign policy priorities have definitely changed.
Keywords
Turkey, credits, movement of capital, foreign policy
Date of publication
01.07.2012
Number of purchasers
1
Views
1201

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