ANKARA: Turkey needs a new economic model that focuses on technological transformation, women’s participation in the workforce, and increasing entrepreneurship, Union of Chambers and Commodity Exchanges (TOBB) head Rifat Hisarcıklıoğlu.
“Turkey needs a new economic model … The most basic element of the new model must be high technology. We need to put an end to unnecessary daily debates and focus on the main point,” Hisarcıklıoğlu said at the 11th summit of the Economy Journalists’ Association (EGD) in the northwestern district of Kartepe.
In his speech, he noted that Turkey lags behind many emerging countries in producing high technologies and has become stuck in the middle-income trap.