The Turkish economy: A winner of the Euro crisis?

Secil Pacaci Elitok and Thomas Straubhaar

No 3-14, HWWI Policy Papers from Hamburg Institute of International Economics (HWWI)

Abstract: While Turkey has opened up for trade, and export orientation has been seen as an important tool for development, foreign direct investments (FDI) have lagged behind. Turkey has not attracted a lot of FDI. Less than one billion US-$ FDI came to Turkey per year before 2000. In the last decade, FDI to Turkey has risen sharply to a peak of about 22 billion US-$ in 2007 but with a significant decrease since (as a consequence of the worldwide international financial crisis).

Date: 2010
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Persistent link: https://EconPapers.repec.org/RePEc:zbw:hwwipp:314

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