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Turbo Turkey

Turkey is one of the hotly emerging economies forming part of the MINT group (Mexico, Indonesia, Nigeria and Turkey). It’s an interesting nation state which has looked towards the East and the West throughout its history. Initially ambitious to join the then EC since 1959 it’s only since 2005 that it has attempted to engage with the European Union and try and become a member.

The economy has had some recent problems. This has led to speculation as to the stability of its economic, long term progress and, as to the strength of the power base of Prime Minster Erdogan, who has tried to develop a careful line between integration with Western economies and also preserving the Islamic integrity of the nation state.

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This information is intended as a general discussion surrounding the topics covered and is for guidance purposes only. It does not constitute legal advice and should not be regarded as a substitute for taking legal advice. DWF is not responsible for any activity undertaken based on this information.

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