Hasbara Buster
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James Wolfensohn: Turkey has worlds best economic team
James Wolfensohn, who headed the World Bank for nearly a decade until he left the post in 2005, has sung the praises of the Turkish economy and the team steering it.
Speaking to Today's Zaman in New York on Wednesday, on the sidelines of a promotional meeting for the Fourth United Nations Conference on the Least Developed Countries (LDC-IV) to be held in İstanbul between May 30 and June 3, 2011, Wolfensohn said Turkey has recently been implementing successful economic policies and has been a commendable example not only for its region but for the entire world. Wolfensohn said: As far as I know, Turkey's economic management team is the best in the world. I have watched the team and its success with astonishment and admiration.
He extended his praise to the economy-related ministers in the Cabinet, the central bank administration and the chiefs of watchdog institutions in certain sectors such as banking. Wolfensohn conveyed his admiration in particular for Prime Minister Recep Tayyip Erdoğan and the ministers in the Cabinet responsible for the administration of different aspects of the economy.
Noting that Turkey is a large and important country, Wolfensohn said he was hopeful of Turkeys continued success and said it is inspiring for other less developed countries. He further asserted that the growth in Turkeys economy and its resilience is contributing to peace in the region, which flows on to better conditions for trade and wealth generation.
Asked his opinion on whether Turkey needed a crutch by way of a stand-by deal with the International Monetary Fund (IMF), Wolfensohn said he wasnt in a position to speak about this issue. It is, in fact, the Turkish government who best knows and as I mentioned earlier, Turkey is as much successful in steering its economy as being a good example for the rest of the world.
The UN conference aims to assess the results of the 10-year action plan for the least developed countries (LDCs) adopted at the Third United Nations Conference on LDCs in Brussels in 2001. In addition to this, it also aims to adopt new measures and strategies for the sustainable development of LDCs into the next decade.
James Wolfensohn: Turkey has world?s best economic team
James Wolfensohn, who headed the World Bank for nearly a decade until he left the post in 2005, has sung the praises of the Turkish economy and the team steering it.
Speaking to Today's Zaman in New York on Wednesday, on the sidelines of a promotional meeting for the Fourth United Nations Conference on the Least Developed Countries (LDC-IV) to be held in İstanbul between May 30 and June 3, 2011, Wolfensohn said Turkey has recently been implementing successful economic policies and has been a commendable example not only for its region but for the entire world. Wolfensohn said: As far as I know, Turkey's economic management team is the best in the world. I have watched the team and its success with astonishment and admiration.
He extended his praise to the economy-related ministers in the Cabinet, the central bank administration and the chiefs of watchdog institutions in certain sectors such as banking. Wolfensohn conveyed his admiration in particular for Prime Minister Recep Tayyip Erdoğan and the ministers in the Cabinet responsible for the administration of different aspects of the economy.
Noting that Turkey is a large and important country, Wolfensohn said he was hopeful of Turkeys continued success and said it is inspiring for other less developed countries. He further asserted that the growth in Turkeys economy and its resilience is contributing to peace in the region, which flows on to better conditions for trade and wealth generation.
Asked his opinion on whether Turkey needed a crutch by way of a stand-by deal with the International Monetary Fund (IMF), Wolfensohn said he wasnt in a position to speak about this issue. It is, in fact, the Turkish government who best knows and as I mentioned earlier, Turkey is as much successful in steering its economy as being a good example for the rest of the world.
The UN conference aims to assess the results of the 10-year action plan for the least developed countries (LDCs) adopted at the Third United Nations Conference on LDCs in Brussels in 2001. In addition to this, it also aims to adopt new measures and strategies for the sustainable development of LDCs into the next decade.
James Wolfensohn: Turkey has world?s best economic team
