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The CIA World Factbook

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Postby Talisker » Wed Nov 12, 2008 10:07 pm

According to the CIA World Factbook the economy of the area administered by Turkish Cypriots has roughly 30% of the per capita GDP of the south. Economic growth tends to be volatile, given the north's relative isolation, bloated public sector, reliance on the Turkish lira, and small market size.

Exports, including citrus, dairy, potatoes and textiles, amount to $68.1 million (2007 est.) and imports, mainly commodities such as vehicles, fuel, cigarettes, food, minerals, chemicals, and machinery, amounts to $1.2 billion (2007 est.). I'm no economist, but this does not appear to be a sustainable economy.

Turkey accounts for 40% of export, and 60% of import, trade. Which countries account for the other significant trade, presumably illegal, which contributes to the economy of the occupied area?
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Postby Get Real! » Wed Nov 12, 2008 10:48 pm

Talisker wrote:According to the CIA World Factbook the economy of the area administered by Turkish Cypriots has roughly 30% of the per capita GDP of the south. Economic growth tends to be volatile, given the north's relative isolation, bloated public sector, reliance on the Turkish lira, and small market size.

Exports, including citrus, dairy, potatoes and textiles, amount to $68.1 million (2007 est.) and imports, mainly commodities such as vehicles, fuel, cigarettes, food, minerals, chemicals, and machinery, amounts to $1.2 billion (2007 est.). I'm no economist, but this does not appear to be a sustainable economy.

Turkey accounts for 40% of export, and 60% of import, trade. Which countries account for the other significant trade, presumably illegal, which contributes to the economy of the occupied area?

The UK for sure.
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Postby Talisker » Wed Nov 12, 2008 10:52 pm

Get Real! wrote:
Talisker wrote:According to the CIA World Factbook the economy of the area administered by Turkish Cypriots has roughly 30% of the per capita GDP of the south. Economic growth tends to be volatile, given the north's relative isolation, bloated public sector, reliance on the Turkish lira, and small market size.

Exports, including citrus, dairy, potatoes and textiles, amount to $68.1 million (2007 est.) and imports, mainly commodities such as vehicles, fuel, cigarettes, food, minerals, chemicals, and machinery, amounts to $1.2 billion (2007 est.). I'm no economist, but this does not appear to be a sustainable economy.

Turkey accounts for 40% of export, and 60% of import, trade. Which countries account for the other significant trade, presumably illegal, which contributes to the economy of the occupied area?

The UK for sure.

I don't doubt it. Shameful......
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Postby observer » Thu Nov 13, 2008 12:13 pm

For Get Real - see previous page to avoid endless quotes within quotes.

There seems little point in further discussion with someone who believes that RoC is adhering to the 1960 constitution today. Without doing an article by article disection, start at Article 1:

"The State of Cyprus is an independent and sovereign Republic with a presidential regime, the President being Greek and the Vice-President being Turk elected by the Greek and the Turkish Communities of Cyprus respectively as hereinafter in this Constitution provided."

RoC's Vice-President is ...?

If you believe yourself to be an example of normality my slogan will have to be "Proud to be weird"
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Postby JimB » Thu Nov 13, 2008 10:31 pm

Talisker wrote:
Get Real! wrote:
Talisker wrote:According to the CIA World Factbook the economy of the area administered by Turkish Cypriots has roughly 30% of the per capita GDP of the south. Economic growth tends to be volatile, given the north's relative isolation, bloated public sector, reliance on the Turkish lira, and small market size.

Exports, including citrus, dairy, potatoes and textiles, amount to $68.1 million (2007 est.) and imports, mainly commodities such as vehicles, fuel, cigarettes, food, minerals, chemicals, and machinery, amounts to $1.2 billion (2007 est.). I'm no economist, but this does not appear to be a sustainable economy.

Turkey accounts for 40% of export, and 60% of import, trade. Which countries account for the other significant trade, presumably illegal, which contributes to the economy of the occupied area?

The UK for sure.

I don't doubt it. Shameful......


Hmmm - the UK wouldn't be interested in dairy or potatoes. Most of the UK's textiles are either produced locally or from the far east / India and a few european sweat shops. The cost of shipping citrus would be prohibitive (no legally recognised port or airport) and they wouldn't produce enough to satisfy even a moderately sized retailer so that pretty much rules out the UK for consumption of exports as stated.

UK products are sold and re-sold all over the world.

Have you factored in the trade across the green line?
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Postby purdey » Thu Nov 13, 2008 10:44 pm

Have you also factored in the millions of Euros that pass through the gambling houses and casinos, a vast majority via the South.
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Postby humanist » Thu Nov 13, 2008 10:45 pm

Cyprus is twice the size of Kangaroo Island South Australia :) and if you exclude the occupied territory of Cyprus it'll be about the smae size
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