Where does it say that you need to be in the top 20 for membership?I'm more interested in if Türkish economy is in G20 next year . Because currently we are out of the club .
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Where does it say that you need to be in the top 20 for membership?I'm more interested in if Türkish economy is in G20 next year . Because currently we are out of the club .
There won't be a strong middle class without strong companies. In fact, without strong companies, there will be no economy.
Ohh sorry, i though we were a country of 80million people. Obviously we are a Nordic country.Where does it say that you need to be in the top 20 for membership?
I asked u a simple question yet u reply with sarcasm. All u had to was say that there is no requirement. Oh well to the ignore list you go.Ohh sorry, i though we were a country of 80million people. Obviously we are a Nordic country.
The backbone of major european aconomies are not big corporations but small and medium sized companies and the middle class thats working in them.There won't be a strong middle class without strong companies. In fact, without strong companies, there will be no economy.
@Corona what is funny here?Turkey hikes natural gas prices for power plants, industry by 47-48%
Turkey raised the price of natural gas used by power plants by 47% and the price of gas used by industry by 48%, while consumer gas prices remained unchanged, the state energy company Botas said on Monday.www.reuters.com
Natural gas prices are increased by 48% for the industry and electricity producers. Even though, for consumers it's not increased, this will affect electricity and other prices.
I dont say electricity.Turkey is not importing electricity, its importing gas and oil and guess what those power plants use to generate electricity...
We can build more dams but that also has its limits.
Dont fix on German "Mittelstand" to much. Turkey is not Germany.No, thats where ypu guys are wrong, the most important are the tax paxing middle class, you want to destroy a economy? Destroy the middle class as AKP does.
Or they could(companies) lay some of the workers off.Turkey plans wage hikes, tax cuts for low-income families hit by inflation
Turkey's government is preparing to boost wages and cut some taxes to support lower-income households that are battling high inflation, according to two senior officials familiar with the plan to tap the country's relatively strong budget.www.reuters.com
Government is working on tax cuts and wage hikes for low-income families, which is long overdue. Apparently the hikes and cuts are supposed to offset the inflation.
But again, if wages rise (of course depends on how much and how many people are affected) and people get more money, companies will have to raise their prices and thus the inflation spiral will continue.
The backbone of major european aconomies are not big corporations but small and medium sized companies and the middle class thats working in them.
You on the other hand promote the slave culture in Turkey where big corporations employ people at the lowest wages.
Dont fix on German "Mittelstand" to much. Turkey is not Germany.
Question, HTurk: Where do you think those big-size companies came from?In addition to what you've said:
1.: It's simply a question of how you define "medium sized companies" aka "Mittelstand". Some scientific sources (e.g. IfM Bonn) claim that 99% (!) of all German companies are part of the so called Mittelstand while other sources state that 2/3 of the German GDP is produced by big, global corporates.
2.: Big companies are the real drivers of innovation and technological change. Many highly successfull economies around the globe are dominated by multinational enterprises (South Korea, China, the US, India and many more).
3.: When it comes to production, you have to be big. Export-oriented economies and countries with a large manufacturing sector are usually dominated by big enterprises. Small and mid-sized companies are strong in construction, trade and services.
4.: Germany, Switzerland and the Netherlands are countries with a long history of industrialization. It is quite normal to have many mid-sized companies when you had plenty of time to grow and thrive. However, you cannot catch up with small and mid-sized enterprises nor can you build a strong industrial base. It is no coincidence that economies like China, South Korea, Taiwan, even India, are dominated by very large companies.
To sum it up, what xenon wrote is a very Western European mindset. What works for Germany, doesn't necessarily works for Turkey or China or India or Brazil or Indonesia.
Here in Istanbul minumum rent 2500 while minumum wage is 2900.Again, we should not compare Turkey with EU countries like Germany. They pay 1/3 of income to rent a flat. We not.
It obviously isnt, i wish it was but yeah..Dont fix on German "Mittelstand" to much. Turkey is not Germany.
I never said you said.I dont say electricity.
Turkey plans wage hikes, tax cuts for low-income families hit by inflation
Turkey's government is preparing to boost wages and cut some taxes to support lower-income households that are battling high inflation, according to two senior officials familiar with the plan to tap the country's relatively strong budget.www.reuters.com
Government is working on tax cuts and wage hikes for low-income families, which is long overdue. Apparently the hikes and cuts are supposed to offset the inflation.
But again, if wages rise (of course depends on how much and how many people are affected) and people get more money, companies will have to raise their prices and thus the inflation spiral will continue.