Within the context of globalization Turkey has started to implement an outward oriented development strategy and export led growth since 1980.
 

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Outward oriented dynamic economy and free trade in both exports and imports. Geographical advantage of being neighbor to the European, Balkan and Middle Eastern Countries as well as the New Independent States.

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The factors which give competitive strength to the Turkish manufacturing industry are the abundance of natural resources, its geographical proximity to the export markets, developments in infrastructure and telecommunication systems, the existence of a large domestic market and the liberal economic policies in force.

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The reform of the Turkish Economy and an overall change in economic philosophy were realized at the beginning of 1980 through the comprehensive economic stabilization and structural adjustment program based on free market principles and the introduction of outward-oriented economic policies.

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