Independent and cutting-edge analysis on Turkey and its neighborhood

 

Foreign direct investments (FDI) are a crucial variable in economic development. Presently they are the most important source of external finance for developing countries and the type of external resource that offers the highest probability of promoting sound growth. Turkey has not yet been able to attract a significant amount of FDI flows for a country with an economy of its size. In an international comparison the country demonstrates low performance and potential. This fact is partially due to the macroeconomic instability of the country in past years. From a microeconomic point of view the unattractiveness of the Turkish economy for FDI is related to the inadequacy of both its legal infrastructure and its privatization and liberalization policies. This climate is already changing and will change further in the coming years, when accession negotiations begin. Accession negotiations will produce positive changes in the macro and micro economic framework, thus stimulating the inflow of FDI...
CONTRIBUTOR
Angelo Santagostino & Andrea Fornari
Angelo Santagostino & Andrea Fornari
From the Desk of the Editor We are proud to present our readers with this special issue of TPQ, published in collaboration with Atlantic Council IN TURKEY, which revolves around energy dynamics in Turkey and its neighborhood, in the context of a shifting geopolitical landscape. This issue’s authors evaluate key trends and drivers that are shaping the regional energy landscape—from the Caspian to the...
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