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Turkish Foreign Trade

ent Turkish parliament state that ì

they are committed in principle to a free-market economy, ì

although only the Motherland Party attaches no conditions to such ì

Since 1959, the economic policy of successive Turkish ì

governments has been shaped around the objective of Turkish ì

membership in the European Economic Community (Pittman, 1989, ì

169). This objective has been actively pursued in the face of ì

strong opposition within the Turkish population, and within the ì

environment of a European reaction that is cool to the idea at ì

best. The almost single minded economic orientation of ì

successive Turkish governments has led to economic indecision and ì

a neglect of more attainable economic objectives. By the year ì

2000, Turkey's population is projected to be larger than that of ì

any country now in the European Community, and Turkey is already ì

an impoverished country (World Bank, 1993, p. 228). The European ì

Community fears that admitting Turkey to full membership would ì

severely tax the resources of all other community members, and ì

that the other member states would be overrun by immigrant ì

Turkish workers. The European Community has effectively deferred ì

consideration of the Turkish request for full membership which ì

will not likely occur until the next century, while granting the ì

06 a4 ìè

Economic Performance and Policyì

Since the establishment of the Turkish republic in 1923, the ì

Turkish economy has grown at an average annual rate of six-ì

percent (Pittman, 1989, p. 169). During this period, the Turkish ì

economy has developed into a complex system with diversified ì

activities in the agricultural, industrial, and service sectors.ì

Turkey's gross national product (approximating US$70 ì

billion) is greater than that of four European Community members ì

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Turkish Foreign Trade. (1969, December 31). In LotsofEssays.com. Retrieved 14:42, May 06, 2024, from https://www.lotsofessays.com/viewpaper/1700153.html