Economic Growth

Dienstag, 17. Juli 2007

Mustafa Kemal Atatürk - Economic Growth

"In order to raise our new Turkey to the level that she is worthy of, we must, under all circumstances, attach the highest importance to the national economy."

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When the Turkish Republic came into being in 1923, it lacked capital, industry, and know-how. Successive wars had decimated manpower, agricultural production stood at a low level, and the huge foreign debts of the defunct Ottoman state confronted the new Republic.

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President Atatürk swiftly moved to initiate a dynamic program of economic development. " Our nation," he stated, " has crushed the enemy forces. But to achieve independence we must observe the following rule: National sovereignty should be supported by financial independence. The only power that will propel us to this goal is the economy. No matter how mighty they are, political and military victories cannot endure unless they are crowned by economic triumphs."


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Source: http://www.ataturk.com/

Mustafa Kemal Paşa - "ATATÜRK"

The founder of the Turkish Republic and its first President

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