The other side of the coin: the growing opposition in turkey against to the european union accession

IV. 4. Economic Status of Turkey
During the last a few years, the mass media and the academics talk about the economical power of Turkey, in terms of economical growth in spite of world financial crisis in 2008 which later on lead to the global recession until 2012. In fact, Republic of Turkey is one of the countries which are the fastest overcame from the global economic crisis and the least affected by the global economic uncertainty in recent years. ⁶⁶ Therefore, the chapter focus the economic status of Turkey as the last most important indicators of national power.
On the next page, graph 4 presents the real GDP growth rate of the EU (in general and the member states) and Turkey from 2010 to 2012. Estonia, Latvia, Lithuania and Poland are the countries which came into prominence from the other EU member states; even though Estonia has the least continuous and stable GDP growth rate than the other three countries. However, the real GDP growth rate of Turkey is higher than these countries in 2010 as well as in 2011. On the contrary, as the most affected country from the global economic crisis, economic regression has been observed in Greece during the same period of years that is not a secret. The situation of Greece not only affected its own economy, but also the economy of the EU member countries, especially the euro zone states. It is highly important to indicate that not all the EU member states are the developed countries and not all of them have the advanced economies. In accordance with the International Monetary Fund (IMF); there are 21 countries which have advanced economies in the European Union.⁶⁷ Turkey has a developing economy as well as the rest of the other seven European countries. For this reason, the expectation of economical growth should be differentiated between the developed and developing countries.