首页
登录
职称英语
Some of the concerns surrounding Turkey’s application to join the European U
Some of the concerns surrounding Turkey’s application to join the European U
游客
2023-09-13
27
管理
问题
Some of the concerns surrounding Turkey’s application to join the European Union, to be voted on by the EU’s Council of Ministers on December 17th, are economic—in particular, the country’s relative poverty. Its GDP per head is less than a third of the average for the 15 pre-2004 members of the EU. But it is not far off that of one of the ten new members which joined on May 1st 2004 (Latvia), and it is much the same as those of two countries, Bulgaria and Romania, which this week concluded accession talks with the EU that could make them full members on January 1 st 2007.
Furthermore, the country’s recent economic progress has been, according to Donald Johnston, the secretary-general of the OECD, "stunning". GDP in the second quarter of the year was 13.4% higher than a year earlier, a rate of growth that no EU country comes close to matching. Turkey’s inflation rate has just fallen into single figures for the first time since 1972, and this week the country reached agreement with the IMF on a new three-year, $10 billion economic program that will, according to the IMF’s managing director, Rodrigo Rato, "help Turkey... reduce inflation towards European levels, and enhance the economy’s resilience (弹性)".
Resilience has not historically been the country’s economic strong point. As recently as 2001, GDP fell by over 7%. It fell by more than 5% in 1994, and by just under 5% in 1999. Indeed, throughout the 1990s growth oscillated like an electrocardiogram recording a violent heart attack. This irregularity has been one of the main reasons (along with red tape and corruption) why the country has failed dismally to attract much-needed foreign direct investment. Its stock of such investment (as a percentage of GDP) is lower now than it was in the 1980s, and annual inflows have scarcely ever reached $1 billion (whereas Ireland attracted over $25 billion in 2003, as did Brazil in every year from 1998 to 2000).
One deterrent to foreign investors is due to disappear on January 1 st 2005. On that day, Turkey will take away the right of virtually every one of its citizens to call themselves a millionaire. Six naughts will be removed from the face value of the lira; one unit of the local currency will henceforth be worth what lm is now--i.e., about C0.53 ($0.70).
Goods will have to be priced in both the new and old lira for the whole of the year, but foreign bankers and investors can begin to look forward to a time in Turkey when they will no longer have to juggle mentally with indeterminate strings of zeros. [br] It can be concluded from Paragraph 5 that______.
选项
A、the investment environment will be favorable for foreign bankers and investors
B、the profits of foreign bankers and investors will go on a declining way
C、goods will be priced only in new lira after a year
D、the price of goods will be increasingly reasonable to the foreign investors
答案
A
解析
转载请注明原文地址:https://tihaiku.com/zcyy/3010829.html
相关试题推荐
TheearlyEuropeansettlementisalongoneofourwell-knownrivers--which【B
TheearlyEuropeansettlementisalongoneofourwell-knownrivers--which【B
TheearlyEuropeansettlementisalongoneofourwell-knownrivers--which【B
TheearlyEuropeansettlementisalongoneofourwell-knownrivers--which【B
TheearlyEuropeansettlementisalongoneofourwell-knownrivers--which【B
Oceanographyhasbeendefinedtheapplicationofall【S1】____
Oceanographyhasbeendefinedtheapplicationofall【S1】____
Oceanographyhasbeendefinedtheapplicationofall【S1】____
Oceanographyhasbeendefinedtheapplicationofall【S1】____
Oceanographyhasbeendefinedtheapplicationofall【S1】____
随机试题
It’stheholidayseasonandthatmeanskidsbythemillionsareaskingSant
[originaltext]M:Goodafternoon,DreamtimeTravel.HowcanIhelpyou?W:Hello
WhenIwasatschool,ourteachertoldtheclass"youarewhatyoueat."My
有关不良习惯与牙周病的关系,哪项是错误的()A.磨牙症可引起食物嵌塞
下列对客户信用评级的理解,错误的是()。A.仅指商业银行对客户偿债能力的计量
为解决贫困大学生接受高等教育问题,高校采取的方式有()。A:奖学金 B:国家助
“经验泛化说”是提出来的。 A.桑代克B.贾德C.詹姆士D.武德沃斯
根据图片,查找报关单填制错误,请在此处填写错误代码,例如(GKT)1中海国际贸易
下列属于合同法律关系中的客体的是()。A.买卖合同中约定在买家收到货物后3天
关于建设工程返修中法律责任的说法,正确的是()。A.因施工企业原因造成的质
最新回复
(
0
)