OECD

Unionization in Turkey dragging below 10 pct

Union membership in Turkey remains below 10 percent, falling far behind European Union and OECD averages, freshly announced data from the Labor Ministry has shown.

According to statistics announced by the ministry, only 1.189 million of 12.28 million workers are union members, constituting just 9.6 percent of all workers.

Food inflation to slow on higher crop: International bodies

Global food prices will likely decline in the upcoming few years before stabilizing as farmers boost production at a faster rate than demand rises, the OECD and United Nations have said The outlook for world food inflation looks lower and more stable as agricultural commodity prices settle over the next decade following years of volatility, the U.N.’s Food and Agriculture Organisation

Turkey needs reforms to overcome risks to growth: OECD

The OECD has urged the government to introduce necessary reforms to keep the growth robust amid domestic demand and foreign funding dependence With low domestic savings and volatile external competitiveness, Turkish growth is highly dependent on domestic demand and foreign finance, the Organization for Economic Cooperation and Development (OECD) has said in a new report that urges the go

Low interest rates thwart income equality: TÜSİAD report

Recovery of income disparity in Turkey has stalled at times of low interest rates since 2007, according to a new report released by Turkey’s top business organization that urged for deep reforms Income disparity in Turkey has widened at times of low interest rates since 2007, a new report released by Turkey’s top business organization has stated, amid heated interest rate debates bet

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