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EKONOMİK

FORUM

128

Needing new policy for growth

and industrialization

365 Chambers and Commodity

exchanges united as one

T

urkey is once again trapped in its own worries, neglecting what is

going on across the rest of the world, missing out on major opportu-

nities and, finally, facing new risks each passing day. The country was, and

is still, among the top 10 middle-income economies 10 years ago. Only a

bunch of economies have managed to climb from the middle-income to

the high-income group over the last 35 years. South Korea, for example,

has made it on its own. A number of countries, like Greece and Spain, have

leaped to a higher league of economies thanks to the European Union. But

we do not yet have any idea about how we can do the same thing.

Which option should we take to keep growing: the European Union, or

do it on our own, like South Korea? We see that Turkey is still ambivalent

and does not have a sound roadmap or program. The country has been

going nowhere recently in terms of economic growth. It seems unlikely for

us to recover without technological renovation and technology transfer. In

this age, it is simply not possible to work a new economic miracle through

gains from land development. Turkey needs a new policy for growth and

industrialization, and to learn how to tell a dream from reality. Also, Turkey

should now take action rather than speaking.

SELECT NEWS

T

urkish Union of Chambers and Com-

modity Exchanges ( TOBB), which

gave one of the strongest reactions to

the coup attempt made on 15 July, con-

tinues to champion democracy under

the leadership of its chairman M. Rifat

Hisarcıklıoğlu.

365 Chambers and Exchange Commodi-

ties in 81 provinces and 160 districts united

as one during and after the coup attempt

that occurred on the night of 15 July. TOBB

Chairman M. Rifat Hisarcıklıoğlu was the

first person in the business world to decla-

re his support for democracy and national

will, and thus mobilized other NGOs.

365 Chambers and Commodity Exchan-

ges came together with President Recep

Tayyip Erdoğan and Prime Minister Binali

Yıldırım under the leadership of TOBB Pre-

sident Hisarcıklıoğlu and announced their

trust in democracy. TOBB Management

visited many institutions to state their

support, and participated in the giant me-

eting held in İstanbul to which 5 million

people attended.

TOBB President M. Rifat Hisarcıklıoğlu: