The Turkish economy rebounded from the global crisis to become an island of economic stability between Europe and the MENA region. The 15th-largest economy globally and the 6th-largest in Europe has experienced an unprecedented transformation in the past decade, as per capita GDP has risen more than three times. While the economy is plagued by a structural current account deficit, due to...
Economy
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Chapter | Country Profile from The Report: Turkey 2012
The Country Profile contains a brief introduction to contemporary Turkey, with information about the geography, language, culture and history.
Over the past decade, Turkey has experienced a number of important transitions that have led to demographic, economic and cultural transformation. These changes have made contemporary Turkey a regional focal point
This section includes an article about urban renewal in South Africa, as well as information on hotels, government and other listings, alongside useful tips for visitors on topics like currency, visas, language, communications, dress, business hours and electricity.
This chapter looks at the role of regional government across the country. While the ruling African National Congress has largely stood for a strong central government, the capacity of local and provincial government to provide services and infrastructure to millions of South Africans has remained central to the evolution of the country during the post-apartheid period. However, a number of the...
South Africa’s GDP, which stood at R2.96trn ($362.3bn) in nominal terms in 2011, took a significant hit at the start of the global economic slowdown, contracting by 6.3% in the first quarter of 2009. Since then it has improved noticeably, with real growth rising to 2.9% in 2010 and to 3.1% in 2011. The country’s recovery from the recession has resulted primarily from domestic consumption, both...