Turkish Finance Minister Mehmet Simsek said on Wednesday that inflation rate in Turkey would continue to drop in parallel with projection by the Central Bank. Attending a conference in Ankara, Simsek said that Turkey had a bright future in long-term period and foreign investors should be informed on it. In 2050, Turkey's GDP would be 5-6 trillion USD and its population would near 110 million, he said.
Turkey did not have inflation problem and single-digit inflation was enough for investments, he added.
According to G&S, Turkey’s population growth averaged around 2.3 percent per annum during 1950-2000. In this period, the population more than tripled, to 70 million, and the labor force quadrupled, to 50 million, leading to a virtual collapse in the underlying dependency ratio, which fell from around 75 percent in the 1950s and 85 percent in the 1960s to around 55 percent by the turn of the century.
As of today, like any other country, Turkey’s demographic transition is gradually maturing, but it is far from complete. In the coming two decades, Turkey will continue to enjoy a substantial demographic bonus. First of all, it is still running at a healthy 1.3 percent per annum and is projected to average around 1 percent per annum in the next two decades, before easing gradually to 0.2 percent by 2050.
Amount of short articles:
Amount of articles links:
You can order sections with dragging on list bellow:
Wednesday, 1 April 2015
Tuesday, 10 February 2015
Friday, 27 March 2015
Get Our Top Stories of the Day
|From boardroom to baby room: how Mona Ataya is building the UAE's one-stop shop for mothers|
|China’s Xi calls for win-win cooperation at Asia forum|
|Turkish PM stresses focus on missile, space technology|
|Turkey's economy grew 2.3 pc in Q4: economists|
|China invokes 'cabbage tactics' in South China Sea|
|Turkey to launch first homegrown seismic ship|
|Greek statistics chief accused of inflating deficit|
|Turkey’s economic policy post polls bears risk: Fitch|
|Turkey: House sales up 15% in February|
|Turkey, Poland hope to double trade volume to $6 billion|