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Anaysis of Turkey

Political Stability: (4)***(3) Probably the most unpredictable facet of Turkey at this time. It remains to be seen if the instability will level out and stabilize. A recent election has brought a new president to power Suleyman Demirel. Consequently, the next few months are likely to prove beneficial for political critics in Ankara as well as elsewhere but perhaps less so for those who have been waiting patiently for a strong and decisive government to tackle Turkey's many pending problems. The country of Turkey has a population where more than One-Half of the people are under the age of 35, the consensus is too bring a leader with new ideals and sense of urgency. Public Policy: (2)***(2) Turkey will continue to be conscience of how they are perceived by NATO and the EU. Turkey has gone through a series of events to make foreign direct investment more opportunistic. Since the 1980's policy makers have looked to the Middle East for regional integration. It seems that Turkey want's to become more active in the international market and that the hindrances to do so are more on the external side of the equation. Turkey has entered NATO, which was a big help; they are trying to enter


Major strides have been taken to revamp conditions for entry, operations and exit for both national and international business by completely dismantling bureaucratic barriers and streamlining procedures based on a thorough deregulation effort. An excess labor supply relative to industrial work is responsible for a 10-12 percent rate in those areas. Politicians often see the dispensing of patronage (with its associated deficits and inflation) to be more important than securing the welfare of citizens. It has initiated a number of programs of education and training in the Caucasus and Central Asia, aimed at encouraging and assisting those countries in the development of the kind of secular democratic system that has served Turkey so well for most of this century. Close working ties were developed between Turkey and the US in the political, military, economic, technical, social, and cultural fields since that time. Otherwise, subsequent rectification is not possible and an investment without permission will create problems for taxation and the repatriation of capital. The Kurdish language still may not be taught in schools or used by merchants on storefronts or in advertising. Although most state investments were put on hold in 1994, the government has resumed planning and construction of many airport, port, and highway ventures, in large part through project finance with private capital. That will be decided in the next few months.

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