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Article: A comparative analysis of inward and outward FDI in Turkey.(Foreign Direct Investment)
- Article from:
- Transnational Corporations
- Article date:
- December 1, 2003
- Author:
CopyrightCOPYRIGHT 2003 The United Nations accepts no responsibility for the accuracy or suitability of the presentation of these materials in this publication. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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This article presents a comparative analysis of the inward and outward foreign direct investment in Turkey. It is hypothesized that the country's negative business climate caused by both economic and political factors is a major determinant of both. This article investigates why, compared to many developing countries that have attracted and benefited from significant inflows of foreign direct investment, Turkey is conspicuous as a country that has not done so, despite its increasing openness to international trade. After showing that Turkey's outward investment has surged recently, it relates the causes of such surge, especially compared to the meagre inward investment ...