An Analysis of the Determinants of Foreign Direct Investment in Turkey: The Role of the Institutional Context Cover Image

An Analysis of the Determinants of Foreign Direct Investment in Turkey: The Role of the Institutional Context
An Analysis of the Determinants of Foreign Direct Investment in Turkey: The Role of the Institutional Context

Author(s): Devrim Dumludag
Subject(s): Economy
Published by: Vilnius Gediminas Technical University
Keywords: Foreign Direct Investment; Turkey; institutions

Summary/Abstract: This paper tries to empirically verify the argument that institutional factors such as enforcement mechanisms, political and economic stability, stable and reliable, transparent legal and regulatory framework and corruption are critical in explaining the behaviour of the foreign direct investment inflows in Turkey. The main objective of the study is to ascertain the nature of the obstacles and impediments to the greater flow of foreign direct investments into Turkish economy for the recent period by focusing on the results of a questionnaire applied to the executives of 52 multinational corporations operating in Turkey in 2006.

  • Issue Year: 2009
  • Issue No: 1
  • Page Range: 15-30
  • Page Count: 16
  • Language: English