Undeterred by the 2009 global economic crisis, Turkey has managed to flourish in the global market. The Turkish economy is expected to experience robust growth at a13.2% CAGR over the next five years and reaches $1,226 billion by 2017.
Lucintel, a leading global management consulting and market research firm, has
analyzed the Turkish economy and presents its findings in “PESTLE Analysis of Turkey 2012.” The service sector is the key driver of the Turkish economy. The service sector contributed a major share in GDP in 2011 and is likely to expand in the upcoming years. Strong domestic demand and abundant natural resources are driving the economy. Turkey is the world’s fifteenth-largest economy in terms of the Purchasing Power Parity (PPP). As Lucintel’s study indicates, the Turkish economy is not totally void of challenges such as increasing current account deficit and increasing debt, which have decreased the foreign exchange reserves of the country.
Turkey is one of the strong contenders for gaining membership in the EU (European Union). The country has huge potential in the automotive, retail, telecom, and construction sectors. More important, the modified Turkey Commercial Code is expected to make the investment environment smoother for investors. Stability in the government supported the industrial sector and accelerated the GDP growth except during the crisis period.
Lucintel has done a detailed study on Turkey’s political, economic, social, research and development, technological, and legal aspects. This study provides an overview for doing business in Turkey, provides trend and forecast based on the past 10 years, and includes opportunity and emerging trend analyses that provide sharp insights for investors.
This research study is designed and intended for use by new entrants, manufacturers, OEMs, investors, executives, and consultants focused on the economy and markets of Turkey. The data and analysis found in this report can be utilized for a variety of functional business reasons, including business development, strategic planning, determination of market size and trends, competitive analysis, investment decisions, and joint product development.
This unique report from Lucintel will provide you with valuable information, insights, and tools needed to identify new growth opportunities and operate your business successfully in this market. This report will save hundreds of hours of your own personal research time and will significantly benefit you in expanding your business in this market. In today’s stringent economy, you need every advantage that you can find.
To make business, investment, and strategic decisions, you need timely, useful information. This market report fulfills this core need and is an indispensable reference guide for multinational materials suppliers, product manufacturers, investors, executives, distributors, and many more that operate in this market.
Some of the features of “PESTLE Analysis of Turkey 2012” include:
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Trend and forecast for key macroeconomic variables that are useful to make major investment decision
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Analysis on economic activity, investment environment, and trade structure of the country
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Major industries in Turkey and its contribution to GPD
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Trends in savings, investments, and consumptions
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Analysis of Political, Economic, Social, Technological, Legal, and Environmental scenarios as well as their impact on different industries
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Analyses on geographical importance and social structure such as labor quality
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Strength, Weakness, Opportunity, and Threat (SWOT) analysis of Turkey
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More than 18 figures/charts and 10 tables are provided in this roughly 60-page report.
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Sample charts with random data are presented below.
Benefits of a Lucintel Report
Lucintel’s core competency is in market research and management consulting. In the last 14 years, Lucintel has worked on hundreds of market and economic research studies. Lucintel’s market reports offer the following benefits:
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Enhance your global growth strategy with key economic and potential industry analysis
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Fine-tune your business expansion planning and market development with analysis of domestic demand analysis and demographics structure analysis
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Explore business opportunities with the analysis of leading industry, potential sector analysis and by understanding strength, weakness, opportunity, and threat of the country
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Know the business environment of the country using report’s PESTLE analysis and their impact on industry. Also included is Foreign Direct Investment and Trade structure analysis.