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Turkey - Wikipedia, the free encyclopedia (Site not responding. Last check: 2007-10-10) |
 | | The reforms spurred rapid growth, but this growth was punctuated by sharp recessions and financial crises in 1994, 1999, and 2001. |
 | | Turkey's failure to pursue additional reforms, combined with large and growing public sector deficits, resulted in high inflation, increasing macroeconomic volatility, and a weak banking sector. |
 | | Though Turkey’s economic vulnerabilities have been greatly reduced, the economy could still face problems in the event there is a sudden change in investor sentiment that leads to a sharp fall in the exchange rate. |
| en.wikipedia.org /wiki/Turkey (4734 words) |
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