Current location - Loan Platform Complete Network - Foreign exchange account opening - Why is Turkey's high inflation not chaotic?
Why is Turkey's high inflation not chaotic?
1, Turkey can be self-sufficient in grain. Turkey is located in the north temperate zone with superior geographical environment and changeable climate. It is one of the regions with the richest plant resources in the world. Therefore, its agriculture can be self-sufficient on the whole, and even some agricultural products can be exported to Europe. This ensures the basic dish of turkey. As long as agriculture exists, there will be food, and it is not easy to be chaotic with food.

2. Turkey is a semi-industrialized country. Its manufacturing industry accounts for about 20% of GDP, while that of China is only about 26%. Similar to China, it has competitive advantages in household appliances, construction, textiles, automobiles, shipbuilding, etc., and backed by Europe, it has signed a tariff reduction agreement with Europe, so its products have been exported to Europe for a long time and have a certain market share in Europe. On the one hand, it earns foreign exchange, on the other hand, it also ensures that its basic daily necessities can be produced by itself.