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Economic Development, Market Characteristics and Current Business Conditions in Turkey: A Guide for Successful Business Operations
Abstract
The purpose of this chapter is to provide a background to the Turkish business environment and market conditions in light of the European Union (EU) Customs Union integration and emerging market characteristics as well as including information about its economic and political dynamics, financial volatility and risks, consumer habits and consumption patterns, ethical issues, and physical and institutional infrastructure. A brief historical overview of Turkey's economic development starting from the early years of the new Turkish Republic will also be provided. Besides its academic contributions, the chapter can also be used as a guide by practitioners and business people who consider conducting business in Turkey.
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