Doing Business In Turkey

Doing Business In Turkey

INTRODUCTION
Located in southeastern Europe and southwestern Asia, Turkey is a land of geographic, economic, and social contrasts. Modern Turkey was founded in 1923 from the Turkish remnants of the defeated Ottoman Empire by national hero Mustafa Kemal also called Ataturk - "Father of the Turks." Under his leadership, the country adopted wide-ranging social, legal, and political reforms. Before his death in 1938, he had accomplished many reforms, such as giving equal rights to women, secular government, prohibiting of the fez and the veil, and substituting of the Latin alphabet for the Arabic.
In 1950, Democratic Party was elected. Since then, Turkish political parties have multiplied, but democracy has been fractured by periods of instability and intermittent military coups. Turkey intervened militarily on Cyprus in 1974 to prevent a Greek takeover of the island and called it the "Turkish Republic of Northern Cyprus," which only recognizes by Turkey. In 1980 a Civil war occurred in Turkey when the military took over the government. A separatist insurgency begun in 1984 by the Kurdistan Workers' Party (PKK) - now known as the People's Congress of Kurdistan or Kongra-Gel (KGK) - has dominated the Turkish military's attention and claimed more than 30,000 lives, but since the capture of the group's leader in 1999, the insurgents have withdrawn from Turkey, mainly to northern Iraq.
Turkey suffered severe natural disaster in August 17, 1999 was struck by a massive earthquake. Tens of thousands suffered severe injuries, 40,000 were killed, and over 100,000 more were left homeless. The inability of the Turkish government to build up a serious relief effort quickly was met with disapproval by observers both inside and outside the country.
EXTERNAL ENVIRONMENT
Turkey is more of the family oriented type of culture like most Arab countries. The family members normally support their children until they get married, furthermore, the family...

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  • Category: Business
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