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
2024-05-10
45
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] The Fiat group took all the measures to rescue the firm EXCEPT for______.
选项
A、regaining credit from the banks
B、shrinking its annual production
C、cutting down the employees
D、appointing new bosses
答案
A
解析
转载请注明原文地址:https://tihaiku.com/zcyy/3592163.html
相关试题推荐
SomeoftheconcernssurroundingTurkey’sapplicationtojointheEuropeanU
SomeoftheconcernssurroundingTurkey’sapplicationtojointheEuropeanU
SomeoftheconcernssurroundingTurkey’sapplicationtojointheEuropeanU
Oneofthegreatestconcernsparentshavewhenfacinganinternationalmove
Oneofthegreatestconcernsparentshavewhenfacinganinternationalmove
Oneofthegreatestconcernsparentshavewhenfacinganinternationalmove
Oneofthegreatestconcernsparentshavewhenfacinganinternationalmove
Oneofthegreatestconcernsparentshavewhenfacinganinternationalmove
Oneofthegreatestconcernsparentshavewhenfacinganinternationalmove
Oneofthegreatestconcernsparentshavewhenfacinganinternationalmove
随机试题
ThelibraryofcongressinWashington,D.C.,which【C1】______thelargestco
Shegottoknowtheyoungmanverywell______shehadworkedforsolong.A、tow
Theincreaseinthemarginrate(保证金率)from50%to70%wasnotanattemptto
简支梁AC的A、C截面为铰支端,已知的弯矩图如图示,其中AB段为斜直线,BC段为
确定计算药量,正确的是()。A.停滞药量是暂时搁置时,允许存放的最小药量 B
下列属于商业银行住房按揭贷款风险点的有()。A.借款人信用风险 B.虚假权
关于小儿营养不良最常见的病因,正确的是A.饮食因素 B.日照不足 C.缺少锻
关于佝偻病的药物治疗,下列说法正确的为()A.新生儿提倡母乳喂养 B.尽早开
根据《票据法》的规定,下列关于票据伪造的表述中,正确的是( )。A.票据伪造是
(2015年真题)以下土层中可用灰土桩挤密地基施工的是()。A.地下水位以下,深
最新回复
(
0
)