International business in Turkey: an experiencial learning method / Maznah Wan Omar and NazirulMubinbin Mohd Noor

• Main Authors: Wan Omar, Maznah, Mohd Noor, NazirulMubinbin
• Format: Book Section
• Language: English
• Published: Faculty of Business and Management 2019
• Subjects: Business societies; Business
• Online Access: https://ir.uitm.edu.my/id/eprint/47658/1/47658.pdf; https://ir.uitm.edu.my/id/eprint/47658/
• Institution: Universiti Teknologi Mara

The Turkish economy has followed a roller-coaster ride in the past several decades. Following an anemic performance with severe imbalances in the 1990s and a debilitating financial crisis in 2001. An Experiential learning method used through a survey conducted in two cities in Turkey, which is Istanbul and Bursa for a period of two weeks. Systematic review method used to enhance the collected materials. Turkey enjoyed five years of rapid economic growth, with GDP per capita increasing at almost 6% per annum – its highest ever rate since the 1960s – accompanied by structural changes, productivity growth and a broadening base of economic activity, both geographically and socially. From about 2007 onwards, however, economic growth slowed significantly, and productivity growth stagnated for all practical purpose.