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| Author: | Oral, N. |
| Title: | Retailing in Turkey: The next phase |
| Journal: | European Retail Digest
2001 : DEC, 32, p. 42-43 |
| Index terms: | RETAILING TURKEY ECONOMIC CONDITIONS |
| Language: | eng |
| Abstract: | The US Department of Commerce (DOC) has identified Turkey as one of the ten most promising emerging economies, and a recent World Bank study also declared Turkey one of the ten countries most likely to enter the top tier of the world economy. Since 1983, Turkey has implemented a series of important economic reforms aimed at liberalising the Turkish economy and integrating it into the global economy. The main components of this economic reform are reducing government intervention; implementing a flexible exchange rate policy; liberalising import regulations; increasing exports; encouraging foreign capital investment; establishing free trade zones; deregulating financial markets; privatising State Economic Enterprises, and decentralising government activities. |
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