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
2024-06-09
21
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] Which of the following is NOT true concerning the economic situation in Turkey?
选项
A、It lags far behind all of the members of the EU.
B、Turkey has achieved striking economic progress recently.
C、Its GDP growth rate is higher than that of any other EU countries.
D、Its inflation rate is falling to a more favorable level.
答案
A
解析
转载请注明原文地址:https://tihaiku.com/zcyy/3627091.html
相关试题推荐
TheEuropeanUnionhadapprovedanumberofgeneticallymodifiedcropsuntil
[originaltext]Handshaking,thoughaEuropeanpracticeisoftenseeninbigc
Thereistimewhenjobseekerssimplywortelettersofapplication."Justp
Thereistimewhenjobseekerssimplywortelettersofapplication."Justp
Thereistimewhenjobseekerssimplywortelettersofapplication."Justp
Thereistimewhenjobseekerssimplywortelettersofapplication."Justp
Thereistimewhenjobseekerssimplywortelettersofapplication."Justp
Thereistimewhenjobseekerssimplywortelettersofapplication."Justp
TheearlyEuropeansettlementisalongoneofourwell-knownrivers--which【B
TheearlyEuropeansettlementisalongoneofourwell-knownrivers--which【B
随机试题
Ruby:Hello,thisisInformation.CanIhelpyou?Dora:______A、I’mcallingtom
Two-thirdsoftheearth’ssurface(be)______coveredwithwater.is
个人汽车贷款的借款申请材料包括()。A.贷款银行认可的借款人还款能力证明材料
缺铁性贫血治疗最重要的是A.补充铁剂 B.病因治疗 C.脾切除 D.少量输
急性再生障碍性贫血早期最突出的临床表现是A.进行性消瘦 B.进行性贫血 C.
A.高脂血症B.高血压C.痛经D.肾衰竭E.失眠人参(红参)的现代应用有()。
收入型基金投资对象常常是风险较大的金融产品,成长型基金投资对象一般为风险较小、资
在正向市场中,牛市套利者要想盈利,则在()时才能实现。A.价差不变 B.
关于原发性三叉神经痛,下列哪项是错误的A.疼痛分布于三叉神经分布区域内 B.可
下列计算机部件中,负责从存储器中获取数据,经过计算并将数据返回存储器的是()。A
最新回复
(
0
)