Same but different
A statistical comparison between Russia and Turkey
Deutsche Fassung
Abstract
Despite their differences in terms of their populations, geographical size and economic power, Russia and Turkey have several things in common. In both countries, nearly three-quarters of the population live in cities, the proportion of people living in poverty is almost the same. The scale of the shadow economy and the degree of corruption is slightly lower in Turkey. Russia’s domestic economy is growing more slowly than that of Turkey, although it has a higher level of macroeconomic stability due to foreign trade surpluses. While the potential workforce in Russia is likely to decline by five million by 2040, in Turkey, it will increase by nine million. As a result, Turkey will also achieve higher growth rates in the future, but is more prone to crises than Russia.
(Osteuropa 10-12/2018, pp. 147168)