The Outlook of Foreign Direct Investment
Turkey is running a large current account deficit and is a big borrower from abroad as the deficit roughly accounts for 6% of the country’s total GDP and short-term foreign debt stock hits $130 billion. Under such circumstances foreign capital would suppress the rising concerns around the country’s debt. However, Turkey seems to...
Turkey Labour Market: Virtue or Slavery ?
Demonstrations staging protests in an attempt to mold public opinion about bad working conditions are often-seen events in Turkey. The OECD stats literally support them.
The chart above clarifies that Turkish people extremely work hard in relative to other OECD countries and beat others with a huge spread in term...