International Conference on Eurasian Economies
9-11 September 2015 – Kazan, RUSSIA
Paper detail
Paper ID : 1255
Status : Paper published
Language : English
Topic : International Trade and Globalization
Presenter: Prof. Dr. Ayşen Akyüz
Session : 5A Trade and Growth
Foreign Direct Investment Strategy in International Marketing: The Case of Turkey
Foreign Direct Investment Strategy in International Marketing: The Case of Turkey
- Asst. Prof. Dr. Mustafa Ercilasun (Yeni Yüzyıl University, Türkiye)
- Prof. Dr. Ayşen Akyüz (Medipol University, Türkiye)
- Asst. Prof. Dr. Ayşe Saime Döner (Istanbul Beykent University, Türkiye)
Abstract
In recent years the role of foreign direct investments (FDIs) in economic development became very important for emerging economies. Thus, the competition to attract FDIs intensified. Turkey, being an emerging economy, needs to apply correct strategies to attract FDIs. This paper will consider competitive environment for FDIs around the world and evaluates steps taken by Turkey since the year 2000. In doing so, changing rules and regulations will be evaluated. After the experience of 2001 economic crisis, in 2003, Turkey passed Foreign Direct Investment Law and taken other actions to stimulate FDI’s coming to the country. Changes in economic environment, political situation, legal framework and financial stability play roles in bringing inflow of FDIs. This paper will focus on the case of Turkey and will provide policy recommendations to increase the competitiveness in attracting FDIs.
JEL codes: M31
Ercilasun, Mustafa, Akyüz, Ayşen, Döner, Ayşe Saime (2015). "Foreign Direct Investment Strategy in International Marketing: The Case of Turkey" in Proceedings of International Conference of Eurasian Economies 2015, pp.113-119, Kazan, RUSSIA.
DOI: https://doi.org/10.36880/C06.01255
