scholarly journals Foreign Direct Investment Strategy in International Marketing: The Case of Turkey

Author(s):  
Mustafa Ercilasun ◽  
Ayşen Akyüz ◽  
Ayşe Saime Döner

In recent years the role of foreign direct investments (FDIs) in economic development became very important for emerging economies. Thus, the competition to attract FDIs intensified. Turkey, being an emerging economy, needs to apply correct strategies to attract FDIs. This paper will consider competitive environment for FDIs around the world and evaluates steps taken by Turkey since the year 2000. In doing so, changing rules and regulations will be evaluated. After the experience of 2001 economic crisis, in 2003, Turkey passed Foreign Direct Investment Law and taken other actions to stimulate FDI’s coming to the country. Changes in economic environment, political situation, legal framework and financial stability play roles in bringing inflow of FDIs. This paper will focus on the case of Turkey and will provide policy recommendations to increase the competitiveness in attracting FDIs.

Author(s):  
Won L. Kidane

Historically, Ethiopia’s near-perpetual independent existence has uniquely permitted latitude to shape policy and legal frameworks for the admission, protection, and management of foreign direct investment (FDI). The contemporary legal framework is a product of many external influences. International investment law principles have been part of Ethiopia’s investment law since 1903, when Ethiopia signed the Treaty of Amity and Commerce with the United States. This treaty contained some modern notions of international. Following military rule (1974–91), during which all domestic and international principles of fairness and equity were abrogated, Ethiopia attempted to build a new legal framework for the ordering of FDI. The existing framework is composed of evolving domestic legislation and an increasing number of international bilateral and regional investment treaties. This corpus of law is also equipped with institutional enforcement mechanisms. This chapter provides an overview and critique of existing rules and institutions.


2021 ◽  
Vol 2 (6) ◽  
pp. 1-13
Author(s):  
Haider Kadhim Mahdi ◽  
Abdulmahdi Raheem Hamza ◽  
Yousif Mousa Sabti

This study aims to demonstrate the role of foreign direct investment in achieving sustainable development in Iraq. The Iraqi Investment Law No. (13) for the year 2006 and the amendments attached to it for the years 2009 and 2015 serve as a legal cover to grant many privileges and tax exemptions to foreign investors in order to attract more of them into the country. As Iraq is a developing country, it is in dire need of foreign direct investment to advance its economic and service reality by financing development programs and plans. The need for direct foreign investments to be directed towards the productive sectors.


2020 ◽  
Vol 34 (4) ◽  
pp. 428-439
Author(s):  
Firas Abdel-Mahdi Massadeh ◽  
Tariq Abdel Rahman Kameel

Abstract This article analyses the role of intellectual property laws in fostering domestic and foreign investment in the United Arab Emirates (UAE). As a signatory to all the major international agreements on intellectual property rights, such as the World Intellectual Property Organisation, the UAE has established legislative protection of intellectual property rights to create a favourable environment for investment. This study has two main aims. First, it analyses whether the approach taken by UAE legislators provides assurance for intellectual property holders and their related investments. Second, it reviews whether this approach indicates if the UAE has the political and legal will to provide incentives for investors. The study found that the UAE’s intellectual property laws are equitable, accurate, and capable of drawing the attention of foreign direct investment. With such a competent legal framework, the UAE demonstrates it has the required political and legal will to foster foreign direct investment.


2009 ◽  
Vol 10 (1) ◽  
pp. 15-30 ◽  
Author(s):  
Devrim Dumludag

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.


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