ISBN: 9781161483482

Domestic industries also lost ground in export markets because of increases in the cost of raw materials and energy. Turkey's trade deficit reached US$4 billion in 1977, contributing to a… Mehr…

Domestic industries also lost ground in export markets because of increases in the cost of raw materials and energy. Turkey's trade deficit reached US$4 billion in 1977, contributing to a balance of payments deficit nearly five times the 1974 level. Becoming skeptical of Turkey's ability to repay existing debts, a number of foreign creditors refused to extend further loans. As a result, the country virtually ran out of foreign exchange to meet its immediate commitments and was faced with national bankruptcy, which was averted only when the Central Bank intervened by suspending payments for many imports and, in effect, forced credit from foreign exporters. Books Turkey~~Federal-Research-Division Kessinger Publishing Company Domestic industries also lost ground in export markets because of increases in the cost of raw materials and energy. Turkey's trade deficit reached US$4 billion in 1977, contributing to a balance of payments deficit nearly five times the 1974 level. Becoming skeptical of Turkey's ability to repay existing debts, a number of foreign creditors refused to extend further loans. As a result, the country virtually ran out of foreign exchange to meet its immediate commitments and was faced with national bankruptcy, which was averted only when the Central Bank intervened by suspending payments for many imports and, in effect, forced credit from foreign exporters.<

ISBN: 9781161483482

Domestic industries also lost ground in export markets because of increases in the cost of raw materials and energy. Turkey's trade deficit reached US$4 billion in 1977, contributing to a… Mehr…

Domestic industries also lost ground in export markets because of increases in the cost of raw materials and energy. Turkey's trade deficit reached US$4 billion in 1977, contributing to a balance of payments deficit nearly five times the 1974 level. Becoming skeptical of Turkey's ability to repay existing debts, a number of foreign creditors refused to extend further loans. As a result, the country virtually ran out of foreign exchange to meet its immediate commitments and was faced with Domestic industries also lost ground in export markets because of increases in the cost of raw materials and energy. Turkey's trade deficit reached US$4 billion in 1977, contributing to a balance of payments deficit nearly five times the 1974 level. Becoming skeptical of Turkey's ability to repay existing debts, a number of foreign creditors refused to extend further loans. As a result, the country virtually ran out of foreign exchange to meet its immediate commitments and was faced with national bankruptcy, which was averted only when the Central Bank intervened by suspending payments for many imports and, in effect, forced credit from foreign exporters. Books, , Turkey~~Federal-Research-Division, 999999999, Turkey: A Country Study, Federal Research Division, 1161483489, Kessinger Publishing Company, , , , , Kessinger Publishing Company<

2010, ISBN: 1161483489, Lieferbar binnen 4-6 Wochen Versandkosten:Versandkostenfrei innerhalb der BRD

Internationaler Buchtitel. In englischer Sprache. Verlag: KESSINGER PUB CO, 392 Seiten, L=178mm, B=254mm, H=22mm, Gew.=894gr, Gebunden Domestic industries also lost ground in export marke… Mehr…

Internationaler Buchtitel. In englischer Sprache. Verlag: KESSINGER PUB CO, 392 Seiten, L=178mm, B=254mm, H=22mm, Gew.=894gr, Gebunden Domestic industries also lost ground in export markets because of increases in the cost of raw materials and energy. Turkey's trade deficit reached US$4 billion in 1977, contributing to a balance of payments deficit nearly five times the 1974 level. Becoming skeptical of Turkey's ability to repay existing debts, a number of foreign creditors refused to extend further loans. As a result, the country virtually ran out of foreign exchange to meet its immediate commitments and was faced with national bankruptcy, which was averted only when the Central Bank intervened by suspending payments for many imports and, in effect, forced credit from foreign exporters.<