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ORIGINAL ARTICLE
BRICS + T? - TURKEY, AS A POTENTIAL MEMBER OF THE ECONOMIC-GROWTH LEADING COUNTRIES
1
University of Debrecen
2
Károly Róbert University College
Publication date: 2018-07-11
Economic and Regional Studies 2013;6(1):88-105
KEYWORDS
ABSTRACT
“Next Eleven” is a frequently mentioned phenomena which refers to the 11 countries where growth has slowed down. (N-11). These countries may be able to follow the model of the BRICs and in the decade of 2010s the map of the world economy is rearranging, making the distribution of income more equitable. The main purpose of this research is to show the increasing significance of the Turkish economy in a global level. Also, to explain the current and possible upcoming role of Turkey in the word’s economy. The research is based on the great variety of English-language papers and material on the topic. The presentation part about the different economic features is based on researches by economic institutions, organizations, general and statistical data submitted by economic and regional development plans. Turkey will soon face a dilemma. It has to be decided whether to strive at all costs to become the EU’s new southeastern member state, or as opposed to that, evolve in “isolation” (in cooperation with the BRICS) to become a similarly significant economic power in the Middle East like the Ottoman Empire?
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