ECONOMIC DEVELOPMENT IN TURKEY

Abstract

Turkey till recent has enjoyed high economic growth; thanks to its stable policies and reforms. Having a stable economy and a Muslim-dominated population, the country has been seen as a closer ally of the west in interactions with the Middle East. To achieve growth, the country has eased the restrictions and removed requirement of clearances for environmental impact. Though the country’s infrastructure boasting of skyscrapers, super-fast trains and other infrastructure projects paints a rosy picture, but in last few years the economic growth has slowed down and foreign capital has become scarce. As part of this document I attempt to look into the economic development of Turkey and how environmental pollution is impacting its economy and that of the world. In connection with this topic I will also mention about the accession possibilities of Turkey to the EU. The reason of choosing this topic is that I have been interested in the future of the European Union, the main aims of the future including the accession possibilities of Turkey, and I have read several books in this topic. Many people are not interested in this issue in Europe, because they feel this culture is very different from their one. Cultivating international relationships is essential these days – this is another reason why I find it useful to get acquainted with the cultures of distant countries. Presently, Turkey has a strong and stable economic and military system.