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
Angelo Santagostino
Andrea Fornari
Andrea Fornari
This issue was published in collaboration with the Friedrich Naumann Foundation Turkey Office.
From the Desk of the Editor TPQ’s Fall 2019 issue, published in collaboration with the Friedrich Naumann Foundation, titled Populism and the Age of Upheaval, examines the rise of populism and its impact on the international order – from governance issues to the environment to gender ideology. Since 2016, the world has been monitoring and trying to forecast the turnout of a series of events that started with...
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