Impact on the UK Econemy when Turkey Joins the EU in October

fatbeetle

in which country is wealth uniformly spread between all citizens? Not the uk that is for sure.

That's probably why no one claimed that.


If you do not like that link, how about you try these then...

Turkey comes fourth in the list of countries which have seen the most rapid rise in wealth inequality since 2000 after China, Egypt and Hong Kong.

http://www.hurriyetdailynews.com/wealth-inequality-deepens-in-emerging-world-including-turkey.aspx?pageID=238&nID=73029&NewsCatID=344

In 2011, when Turkey had the fastest growing economy in Europe, enjoying an expansion of 8.5 percent, the richest 20 percent of Turkey's 74 million people accounted for almost half of national income. The poorest 20 percent had just 6 percent.

Turkey ranks third highest among 34 countries in the Organisation for Economic Cooperation and Development on a scale of income inequality.

http://www.reuters.com/article/turkey-unemployment-idUSL5E8MGBB420121128

According to the European Statistics Office Eurostat, Turkey, even with its 0.38 Gini coefficient, is 8 points higher than the EU average of 0.30 Gini coefficients. Even the country closest to Turkey, Spain is three points behind Turkey.

The Gini coefficient of Turkey, which is presented as 0.38, does not take Turkey off of the list of the world’s worst income inequality countries.

http://www.hurriyetdailynews.com/turkey-ranks-first-in-the-inequality-of-income-distribution-.aspx?pageID=238&nID=72864&NewsCatID=344

Could you be so kind as to post links if you're claiming to posts statistics or other hard evidence please?

Generali

The World Bank is normally the best source for these sorts of stats. World Bank Gini coefficient ranking:

http://data.worldbank.org/indicator/SI.POV.GINI

For 2012 where the dataset is almost as close to complete as it will ever be, Turkey has a Gini Coefficient of 40.2 which puts it in the same bracket as places like Greece, Argentina, Thailand and the USA (USA figure from 2014).

I wouldn't read too much into the data though. The lowest Gini coefficients are in The Ukraine, Slovenia and Norway and I don't think there's much in common between those three economies.

cells

fatbeetle wrote: »

That's probably why no one claimed that.

If you do not like that link, how about you try these then...

Could you be so kind as to post links if you're claiming to posts statistics or other hard evidence please?

The problem with most links is that they are written by internet experts and journalists with little understanding of what they are typing.

Turkey does not have all that high a gini coefficient difference than say the USA or even the UK. So your argument of "oh yeh they got richer but only the top 10% the rest are still in squalor" is just stupid

Have a look at electricity use. Turkey now uses close to the same amount of electricity as the UK. 30 years ago they were using 1/10th as much because they were dirt poor then but not anymore.


Also to add more depth to the discussion. There are still some subsistence farmers in turkey. Their income is very low but so are their costs. Over the next 30 years these people will die off and most of their villages will be deserted. So the income equality will rise because the poorer will die off. This goes to show how income equality is not the most important metric. The people of turkey wont be much better off from these poor old folk dieing off but the stats will look better.


anyway no more needed on this topic. Go to the country for a week and walk about then go to Somalia and walk about for a week and come back and report the difference in wealth.

cashbackproblems

If Turkey join it opens the borders to potential thousands of terrorists, we will be obliterated!!

Time to vote out.

mwpt

cashbackproblems wrote: »

If Turkey join it opens the borders to potential thousands of terrorists, we will be obliterated!!

Time to vote out.

Donald Trump needs you.

Johnsmith2016

Cashbackproblems - although i think your going a bit over the top, i do think most are just fixating on the economic side of turkey joining, without considering the social cost to our way of life, you cant really quantify that in a number, but it needs to be looked at just the same when considering if we should let them join. Social cohesion, school places, nhs burden, the list is endless. We need to also consider the secruity side of it, they share a border with iraq and syria, and I read 11% of the largly muslim population sympathise with ISIS. We may say this doesnt represent the majority of of muslim or turkey which is true but still 11% of 75m people is still about 8m people, and it only takes one to cause disaster, its all very well saying get on with our lifes and dont let them win etc but at the same time it would be naive to stand still on the issue and pretend it is not there, there are 5,000 ISIS fighters in Europe who have used the migrant crisis and 1/3 have passed through the open borders. The UKs M15 has stopped 14 major attacks in the last 6 months alone, you just dont hear about the ones that fail.
I am not anti anything or anyone, but i lm a realist. This is happening sadly.

mwpt

Why are you guys worrying about Turkey joining in terms of this referendum? It won't happen for at least 10 years, probably more like 15+, by which time the world will look very different and the UK can continue to evaluate it's EU membership.

CLAPTON

mwpt wrote: »

Why are you guys worrying about Turkey joining in terms of this referendum? It won't happen for at least 10 years, probably more like 15+, by which time the world will look very different and the UK can continue to evaluate it's EU membership.

you have absolutely no idea when or if Turkey will join: none whatsoever.

Johnsmith2016

I read they are getting fast tracked for helping with the migrant crisis. I have seen june and october mentioned.

In terms of this referendum, if we vote to stay we have to potentially deal with the consequences of turkey joining in june or October, so it is relevant to our decision although I do agree it prob wont happen by then, but it has been touted as a possibility by merkel.

mayonnaise

Johnsmith2016 wrote: »

I read they are getting fast tracked for helping with the migrant crisis.

No, they are not getting fast tracked into the EU

Johnsmith2016 wrote: »

I have seen june and october mentioned.

No, they are not getting fast tracked into the EU, not in June, nor in October

Johnsmith2016 wrote: »

In terms of this referendum, if we vote to stay we have to potentially deal with the consequences of Turkey joining in June or October,

Turkey is not joining the EU, not in June, nor in October

Johnsmith2016 wrote: »

so it is relevant to our decision although

No, it's irrelevant as Turkey is not joining. Not in June, nor in October.

Johnsmith2016 wrote: »

I do agree it prob wont happen by then,

You're right, it won't happen by June, nor by October.

Johnsmith2016 wrote: »

but it has been touted as a possibility by merkel.

No it hasn't. Neither June, nor October.