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
37
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 inferred from Paragraph 5 that______.
选项
A、it’s out of Fiat’s capability to sort out the mess in most analysts’ eyes
B、GM is desperate to take over Fiat Auto as soon as possible
C、GM will take over Fiat Auto after ridding its own problems in Europe
D、it’s up to Gianni Agnelli to decide whether GM will merge the Fiat Auto
答案
A
解析
转载请注明原文地址:https://tihaiku.com/zcyy/3592164.html
相关试题推荐
SomeoftheconcernssurroundingTurkey’sapplicationtojointheEuropeanU
SomeoftheconcernssurroundingTurkey’sapplicationtojointheEuropeanU
SomeoftheconcernssurroundingTurkey’sapplicationtojointheEuropeanU
Oneofthegreatestconcernsparentshavewhenfacinganinternationalmove
Oneofthegreatestconcernsparentshavewhenfacinganinternationalmove
Oneofthegreatestconcernsparentshavewhenfacinganinternationalmove
Oneofthegreatestconcernsparentshavewhenfacinganinternationalmove
Oneofthegreatestconcernsparentshavewhenfacinganinternationalmove
Oneofthegreatestconcernsparentshavewhenfacinganinternationalmove
Oneofthegreatestconcernsparentshavewhenfacinganinternationalmove
随机试题
Theywerewaitingforasightofthemoviestarspassingby.A、看到影星经过时,他们还在等待。B、
[originaltext]Bythenarrowestofmargins,lastmonthwasthehottestSepte
肠梗阻患者经保守治疗病情好转,梗阻解除后12小时正确的饮食为A.禁食、禁饮 B
关于钢材和焊缝强度设计值的下列说法中,何项有误?( ) Ⅰ.同一钢号不同质量
交易所交易资金清算流程有()。A:接收交易数据 B:制作清算指令 C:执行清
下列金融工具中,属于衍生金融工具的有()。A.期货 B.期权 C.互换
下列各项中,属于免征环境保护税范围的有( )。A.各类农业生产排放应税污染物
(2021年真题)根据契税法律制度的规定,下列各项中,属于契税纳税人的是()。A
(2018年真题)2016年12月15日,某企业购入不需要安装生产设备一台,原值
根据《绿色建造技术导则》,下列属于环境保护要求的为()。A.对产生的有毒有
最新回复
(
0
)