TOBB chief sees rapid increase in Turkey's registered economy

Head of the Union of Chambers and Commodity Exchanges of Turkey, extended support to fight against unregistered employment.

TOBB chief sees rapid increase in Turkey's registered economy

 


Rifat Hisarciklioglu, head of the Union of Chambers and Commodity Exchanges of Turkey (TOBB), extended support to fight against unregistered employment.

Fight against unregistered economy is a focal point to develop the country, increase the prosperity, improve and use individual rights and freedoms, and to settle a transparent administration, said Hisarciklioglu in a report he presented in Turkey-EU Joint Consultation Committee meeting in Scotland.

He noted that unregistered economy was a deviation from strong economy and qualified democracy, adding that increasing unregistered economy was one of negative impacts of global economic crisis.

Hisarciklioglu said that Turkey was aware of the necessity of rapidly decreasing the rate of unregistered economy in order to increase country's national income per capita, production and competitive power to the EU's standards.

He noted that unregistered economy was not only a financial but also an educational problem, adding that 91 percent of uneducated people were involved in unregistered economy while only 8 percent of university graduates were involved in unregistered economy.

Hisarciklioglu said that there was a rapid increase in registered economy in Turkey, adding that Turkish private sector created nearly three million new jobs between 2002 and 2009, and the increase in the number of insured workers was 3.8 million in the same period. This means people, who were working in unregistered economy, entered registered economy in this period, added Hisarciklioglu.

Hisarciklioglu noted that half of waged workers was registered in 2002, while this rate increased to 70 percent in 2009.
 

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Last Mod: 14 Eylül 2010, 15:14
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