Foreign direct investment in Turkey: Historical constraints and the AKP success story
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CitationGrigoriadis, I., & Kamaras, A. (2008). Foreign direct investment in turkey: Historical constraints and the AKP success story. Middle Eastern Studies, 44(1), 53-68. doi:10.1080/00263200701711812
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.