Foreign direct investment in Turkey: the implications of EU accession

Abstract:

Despite huge potential, Turkey has failed to attract levels of foreign direct investment (FDI) entering countries of comparable size such as Mexico and Argentina. Several barriers have squandered the advantages that Turkey could offer to foreign investors. Turkey was given a date for starting negotiations with the EU and although Turkey's accession to the EU in the future cannot be taken for granted, the prospect of future membership could boost FDI in Turkey on the condition that ongoing efforts of democratization and economic stabilization implemented by the Erdogan government remain high priorities on Ankara's agenda.