Independent and cutting-edge analysis on global affairs
Turkey has set ambitious goals and targets for 2023. The most popular of these is to rank among the world’s 10 biggest economies. For this objective to be met, there are several key economic, social, and political conditions that must be fulfilled. Turkey will have to grow on average eight percent per annum. For this objective to be met, there are several key economic, social, and political conditions that must be fulfilled. In the economic sphere, maintaining a high investment to GDP ratio is pivotal. For sustainable growth, Turkey should increase total factor productivity through considerably larger investment in R&D and human capital. Also, Turkey should increase domestic saving rates in order to address the saving-investment gap.
 
 
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Tayfun Bayazıt
Tayfun Bayazıt
Foreword Brazil, Russia, India, China, and South Africa, or the BRICS nations, are living proof of how power and influence are constantly changing in the world's politics and economy. Redefining their positions within the global system and laying the groundwork for a multilateral world order that aims to challenge the traditional dominance of Western economies and institutions, the BRICS countries have...
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