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Steel Sector in Turkey for Fdi

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Steel Sector in Turkey for Fdi
FDI DECISIONS for MNEs in TURKEY: Analysis for Turkish Steel Sector

International Finance

Instructor: Lennart Bogg

Cansin Arsen KADAKAL

881021-P576

Table of Content Page i. Abstract 2 ii. Introduction 3 iii. Economic Outlook of Turkey 4 iv. Why to invest in Turkish Steel Sector 7 v. Structure of ferrous metal sector in Turkey 8 vi. International Steel Market for Turkey 12 vii. SWOT analysis 17 viii. Conclusion 17 ix. References 19

FDI DECISIONS for MNEs in TURKEY: Analysis for Turkish Steel Sector

Abstract
FDIs enhance globalization and cultural interaction between countries which creates competitive advantages, sustainable development and high profits for MNE’s on the other hand it provides job opportunities, welfare increasing in the society and sometimes know-how (technology in production process) for markets.
Until beginning of the 1980 Turkey had been closed economy, then since that time it has been open economy in all sectors. Turkey had transformation stage in all sectors and it has increased trade volume in time. Due to that Turkey expanded in most of the sectors, it needed to more raw materials and intermediate good for supplying request of the trade allies. Especially in the steel sector expanded highly because it is common raw material


References: -‘A World Leader in Steel Production’. (2011). Retrieved from http://www.turkishsteel.eu/index.php?option=com_content&view=article&id=4&Itemid=5 -‘Turkey is the Largest Buyer of U.S -A. Kocyigit & A. Sen, (2006). ‘The Extent of Intra-Industry Trade between Turkey and the European Union: The Impact of Customs Union’. (Journal of Economic and Social Research) 9(2), pp. 61-84. -Deliotte -Eitman, D. K., & Moffett, M. H. (2010). Multinational Business Finance. (12th edition) Boston, USA: Pearson Education Inc. ISBN: 978-0-13-612156-5. -Grubel, H. & P. J. Lloyd (1975), ‘Intra-Industry Trade. The theory of Measurement of International Trade in Differentiated Products’, London: Macmillan -IMF, World Economic Outlook Report (2012) -International Iron & Steel Institute Report, (2010). Retrieved from http://www.worldsteel.org -OECD Economic Outlook Report No: 86 (2009) -Z. Mumcu, (2003), Istanbul Chambers of Commerce: ‘Demir Celik Hurda Raporu’. Retrieved from http://www.ito.org.tr/Dokuman/Sektor/1-24.pdf --------------------------------------------
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