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Andrzej Z

Turkey attracts $12.6 billion FDI, down 4 percent - 1 views

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    I have chosen this article because it is related with our current topic FDI and because I think that Turkey is one of the developing countries that are making a very good use of it. The article reports the distribution of the FDI in the economy and the changes in FDI from last year. According to the article: "Turkey received foreign direct investment (FDI) of $12.6 billion in 2013, a drop of 4.1 percent compared to 2012". I think that nowadays one of the biggest advantages of Turkey is the closeness to the EU market. This advantage and the good infrastructural base grant Turkey a great potential.
Nikhil M

Turkey misses economic growth goal for the first time - 0 views

Turkey for the first time after a number of years have missed their economic growth goal, although the governer is undertaking different policies to result in a higher economic growth rate, it is l...

turkey economic growth

started by Nikhil M on 21 Sep 12 no follow-up yet
Jina K

Turkey's Economic Growth Slows Sharply - 1 views

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    Turkey's economic growth rate has decreased to 2.2% in 2012 after two years of rapid expansion. This is due to weak domestic demand and indirect effect of public expenditure from the European debt crisis. The GDP expanded 1.4% in the fourth quarter, half of the 2.7% forecast. The slow down in economic growth was largely due to Turkey's central bank tightened monetary policy implemented in 2011 and in early 2012 after Turkey's rapid expansion. This caused fear among the investors that the economy was overheating. Despite central's bank easing policies, Turkey still sees a slowdown in the rate of economic growth. We can notice that this slowdown in economic growth is largely due to decrease in investment.
Benjamin D

Central Bank Acts to Strengthen Brazilian Real - 0 views

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    Brazil's central bank announced a $60 billion program on Thursday aimed at halting the slide of the Brazilian real, making Brazil the latest emerging economy to seek to prop up its sagging currency. Similar moves have been made by central banks in Indonesia and Turkey. I chose this article because it covers one of the most important aspects of foreign currency, which is the depreciation of it. The consequences of having a weak currency could be severe, as the value decreases in comparison with other currencies, for example Euros, therefore it will take more Brazilian Reals to buy Euros (1 Euro= 2.98804259 Brazilian Reals). In this case this depreciation of the currency has led to some action from the Central Bank in order to boost up the value of the currency. This does not only affect Brazil, it also happens to other emergent economies such as India.
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