Turkey grows 8.5 percent in 2011 despite global woes

[ekrem]

Turkey's economy expanded by 5.2 percent in the fourth quarter of last year, as gross domestic product growth for the whole of 2011 reached 8.5 percent.

ECONOMICS - Turkey grows 8.5 percent in 2011 despite global woes

1st quarter: 11,9 %
2nd quarter: 9,1 %
3rd quarter: 8,4 %
4th quarter: 5,2 %

 

[ekrem]

This was the second-fastest expansion of any economy in the Group of 20 industrial and developing nations, apart from China.

WSJ.com

 

[Two Thumbs]

Good for them.

How did they do it?


The links don't say unless I subscribe.

 

[ekrem]

Good for them.

How did they do it?


The links don't say unless I subscribe.

With strong private-led growth, the economy has created around 3.4 million jobs since April 2009
www.imf.org/external/pubs/ft/scr/2012/cr1216.pdf


Since April 2009, Turkey has created 3.4 million jobs - that's more than the entire European Union, Russia and South Africa put together.
Global Public Square - CNN.com Blogs

 

[Two Thumbs]

Good for them.

How did they do it?


The links don't say unless I subscribe.

With strong private-led growth, the economy has created around 3.4 million jobs since April 2009
www.imf.org/external/pubs/ft/scr/2012/cr1216.pdf


Since April 2009, Turkey has created 3.4 million jobs - that's more than the entire European Union, Russia and South Africa put together.
Global Public Square - CNN.com Blogs

Does Obama know?

Is Turkey one of the countries he went to and says "Punches above their weight"?

 

[ekrem]

Does Obama know?

Is Turkey one of the countries he went to and says "Punches above their weight"?

Turkey's nominal economic output is equal to Israel's, Iran's, Syria's combined.
IMF DataMapper v3.0

Obama knows this, off course.

 

[JStone]

BFD. Israel's per capita income is twice that of turkey.

Israel has also produced 7 Nobel Prize Laureates for important contributions to science, economics and literature.

Number of Nobel Laureates produced by the turkeys: Zero.

turkey's only distinction is the turks' complicity in the Armenian genocide.

 

[ekrem]

We examined 150 of the worlds largest metropolitan economies--50 each in the United States, Europe, and other world regions--and tracked their performance on employment and income before, during, and after the downturn.
The result?
Istanbul takes the top ranking for economic growth in the past year.

Brookings Institution

 

[JStone]

We examined 150 of the worlds largest metropolitan economies--50 each in the United States, Europe, and other world regions--and tracked their performance on employment and income before, during, and after the downturn.
The result?
Istanbul takes the top ranking for economic growth in the past year.

Brookings Institution

Not one publically traded company on NASDAQ. Israel has 75 on NASDAQ, more than any other country in the world, except the US.

turkey is a turkey.

 

[ekrem]

BFD. Israel's per capita income is twice that of turkey.

Israel has also produced 7 Nobel Prize Laureates for important contributions to science, economics and literature.

Number of Nobel Laureates produced by the turkeys: Zero.

turkey's only distinction is the turks' complicity in the Armenian genocide.

Turkey's nominal GDP --minus-- Israel's nominal GDP = Difference.

If Turkey grows 8,5 % how much must small Israel grow just to keep the Difference the same? Israel has to grow by around 26 % to keep the Difference the same.

But Israel isn't growing with 26 % annualy, so Difference gets bigger each year.
If we take GDP-PPP then Israel even has to grow 39% just to keep Difference the same.


It's like a scissor continously growing apart.
Same in science output:


Science-Metrix - valuation S&T Evaluation

 

[JStone]

75 Israeli technology companies are listed on NASDAQ, more than any other country in the world [75]

Number of turkey companies on NASDAQ: Not even one

Companies in Israel - NASDAQ.com

 

[ekrem]

UK's Royal Society:

Turkey has improved its scientific performance at a rate almost rivalling that of China.

Full Report:
http://royalsociety.org/uploadedFil...rts/2011-03-28-Knowledge-networks-nations.pdf

 

[JStone]

UK's Royal Society:

Turkey has improved its scientific performance at a rate almost rivalling that of China.

Full Report:
http://royalsociety.org/uploadedFil...rts/2011-03-28-Knowledge-networks-nations.pdf

turkey is a turkey

Warren Buffett: "If you go to the Middle East looking for oil, you don't need to stop in Israel. But, if you're looking for brains, for energy, for integrity, for imagination, it's the only stop you need to make"

[ame=http://www.youtube.com/watch?v=JbX60Pktzsk]Warren Buffet on Israel - YouTube[/ame]

 

[High_Gravity]

Did somebody say turkey?

 

[ekrem]

75 Israeli technology companies are listed on NASDAQ, more than any other country in the world [75]

Number of turkey companies on NASDAQ: Not even one

Companies in Israel - NASDAQ.com

Why should Turkish companies go to New York?
They only would, if Istanbul Stock-Exchange would be a tiny kindergarten Stock-Exchange not being able to raise IPOs or attract enough investors. Just like the kindergarten Stock-Exchange in Tel-Aviv.

Turkish companies don't need American investors and don't need to enter American stock market.
Istanbul is regional finance center and Istanbul Stock Exchange has joint indices with Deutsche Börse from Germany.
Istanbul also has one of biggest bonds and gold bourse.


OECD Territorial Reviews: Istanbul, Turkey

Istanbul is also home to the 4th largest bond market in the world, after the Spanish, English and OMX markets (Figure 1.29).
The total value of bond trading is around USD 531 billion, largely exceeding that of other big players like Korea, Germany and Euronext.

Turkish companies can finance their requirements within Turkey(Istanbul).

 

[JStone]

75 Israeli technology companies are listed on NASDAQ, more than any other country in the world [75]

Number of turkey companies on NASDAQ: Not even one

Companies in Israel - NASDAQ.com

Why should Turkish companies go to New York?
They only would, if Istanbul Stock-Exchange would be a tiny kindergarten Stock-Exchange not being able to raise IPOs or attract enough investors. Just like the kindergarten Stock-Exchange in Tel-Aviv.

Turkish companies don't need American investors and don't need to enter American stock market.
Istanbul is regional finance center and Istanbul Stock Exchange has joint indices with Deutsche Börse from Germany.
Istanbul also has one of biggest bonds and gold bourse.


OECD Territorial Reviews: Istanbul, Turkey

Istanbul is also home to the 4th largest bond market in the world, after the Spanish, English and OMX markets (Figure 1.29).
The total value of bond trading is around USD 531 billion, largely exceeding that of other big players like Korea, Germany and Euronext.

Turkish companies can finance their requirements within Turkey(Istanbul).

NASDAQ is the most prestigious technology exchange in the world. Name publically traded turkey tech companies on ANY stock exchange.

Apple established its first R&D center outside the US in Israel, not Turkey.
Google established its first R&D center outside the US in Israel, not Turkey
Intel established its first R&D center outside the US in Israel, not Turkey
Microsoft established its first R&D center outside the US in Israel, not Turkey.

turkey is a turkey

 

[techieny]

Turkey's economy expanded by 5.2 percent in the fourth quarter of last year, as gross domestic product growth for the whole of 2011 reached 8.5 percent.

ECONOMICS - Turkey grows 8.5 percent in 2011 despite global woes

1st quarter: 11,9 %
2nd quarter: 9,1 %
3rd quarter: 8,4 %
4th quarter: 5,2 %

that's a big bird. Do the numbers include stuffing?

 

[ekrem]

that's a big bird. Do the numbers include stuffing?

How much jobs did the USA create in last 3 years?
Turkey created 3.4 million new jobs. The equivalent to EU, Russia and S.Africa combined.

And Turkey still growing at a pace of 8,5%, second to China in G-20.

 

[JStone]

that's a big bird. Do the numbers include stuffing?

How much jobs did the USA create in last 3 years?
Turkey created 3.4 million new jobs. The equivalent to EU, Russia and S.Africa combined.

And Turkey still growing at a pace of 8,5%, second to China in G-20.

How many publically traded technology companies has turkey created? Zero
How many medical technology companies has turkey created? zero
Where is turkey in scientific research? Nowhere
Medical research? Out to lunch

How many Nobel Prize Laureates has turkey produced? Not even one.

turkey is a turkey

 

[ekrem]

NASDAQ is the most prestigious technology exchange in the world. Name publically traded turkey tech companies on ANY stock exchange.

Apple established its first R&D center outside the US in Israel, not Turkey.
Google established its first R&D center outside the US in Israel, not Turkey
Intel established its first R&D center outside the US in Israel, not Turkey
Microsoft established its first R&D center outside the US in Israel, not Turkey.

turkey is a turkey

I only read USA.
Take USA out of your sentences and nothing stays behind.

You should learn to stand on your own feet.