Foreign direct investment in Turkey: Historical constraints and the AKP success story
Grigoriadis, Ioannis N.
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Economic development on an unambiguously national basis was one of the foundational principles of republican Turkey. Indeed, until very recently, foreign direct investment (FDI) was scant and had a marginal presence in the Turkish economy. Since Turkey's Justice and Development Party (Adalet ve Kalkinma Partisi-AKP) came into power in 2002, however, Turkey has generated more FDI than in the previous 20 years. Here, Grigoriadis and Kamaras examine closely this development.