How did Türkiye’s economy grow? 

According to Webangah News quoted by Mehr News, Turkey as an important country in the West Asia region, is located at the intersection between Europe and Asia, and its geopolitical position as a bridge between the two continents makes it play a special role in Politics and economy of the region to perform This strategic position allows Turkey to act as a gateway to European markets on the one hand and as a bridge to access Asian markets on the other hand.

Using these features (especially in recent years), Turkey seeks to establish its hegemony in the West Asian region. In this regard, perhaps Kamal Darvish can be considered as one of the most influential people in the Turkish economy who has played a key role in the economic reforms of this country. After the severe financial crisis of 2001, he was appointed as Turkey’s Minister of Economy and implemented a series of structural reforms to stabilize the economy and attract foreign investment.

Türkiye’s reforms included strengthening the banking system, reducing inflation, and transparency in financial management. Using his international experience, especially in the World Bank, Darwish was able to win the trust of foreign investors and return Turkey to the path of sustainable economic growth.

Darwish’s role in this period is known as the architect of the reconstruction of the Turkish economy, and the influence of his policies is still evident in the economic structure of this country. In the late period, the economic growth will be 11.4% in 2021, 5.5% in 2022 and 5.1% in 2023. “text-a..”>Ger is Turkey’s efforts to restore its position in the regional economy. The important question of the present note is how and through what tools is Türkiye redefining its economic-political role in West Asia?

A) Turkey’s position in the world economy

In order to answer your question, it is necessary to review the most important macroeconomic variables of Turkey in comparison with the world in recent years. Examining Türkiye’s macroeconomic variables shows that the country’s economic growth has always been higher than the world rate in recent years. However, the government of this country is still trying to curb 53.9% inflation and 9.4% unemployment in 2023.

Table 1. The situation of macroeconomic variables of Türkiye and the world –% Source: World Bank

Despite the similarities with Iran in some macro indicators, Turkey has tried to play a privileged position for itself in the region with the tools it has. By strengthening the tourism industry, Turkey focuses on cultural commonalities with neighboring countries (such as language, ethnicity, religion, etc.) and in some cases through threats and military intervention (such as incitement and logistical support justify”> Tahrir al-Sham) has strengthened its geopolitical foundations. The position of Türkiye in the world economy compared to Iran is presented in table (2).

Table 2. The position of Turkey and Iran in the world economy Source: World Bank, Trading Map, Statistics Center

b) tourism industry in Turkey

In 2022 and 2023, respectively, 51 and 56 million trips to Turkey have been registered, which with Comment Per capita spending of foreign tourists in Turkey ($762 per person based on the cost of 2023), Turkey’s income from this industry will be 38.8 and 42.6 billion dollars.

Therefore it can be stated that Turkey’s important tool in strengthening its economic position is opening the gates to It has been on travelers and tourists. In fact, Turkey has been able to significantly expand its tourism economy by taking advantage of the cultural, religious and ethnic infrastructure shared with many countries of the world.

In fact, this country should take advantage of this capacity to present a favorable image of itself to the countries of the region and the world. To this issue, other infrastructures for attracting immigrants, such as attracting students, as well as selling real estate, should be added. In fact, by taking these policies, Turkey has been able to create a sense of its own country among the people of neighboring countries and the region.

c) Turkey’s geopolitical position and trade corridors

Having shared borders with countries such as Iran, Iraq, Syria and Armenia, as well as access to the Mediterranean Sea and the Black Sea, Turkey has a unique geographical location that makes it It has become a trade and transportation hub in West Asia. This position allows Turkey to easily establish economic relations with its neighboring countries and, in addition, to transfer goods to other countries in the region and even Europe by using ports and sea and land transportation networks.

Turkey’s geopolitical position has made this country struggle to complete trade corridors from east to west. In fact, the completion of China’s “Belt and Road Initiative” corridor, depending on whether it passes through Iran or northern Iran, can give Turkey a good position to complete its ambitions.

However, Turkey is interested in completing the Zangzor corridor and connecting to the South Caucasus and the Caspian Sea. to reopen a route in the north of Iran to connect with European countries. In addition to the mentioned route, Turkey has a desire to provide a communication route with European countries by completing the south-north corridor through Iraq. However, the existence of groups opposed to the Turkish government (such as PKK. K) the possibility of operating the corridor has reduced the mentioned.

For example, Turkey played a vital and active role in supporting the Republic of Azerbaijan during the second Nagorno-Karabakh war with Armenia in 2020. This support included the provision of military assistance, such as advanced drones and combat equipment, and logistical support and military advice.

Turkey’s support is seen as part of Ankara’s regional policy to strengthen its influence in the Caucasus and support Turkic-speaking countries. Also, in its latest regional action, Türkiye took a big step towards realizing its goals by overthrowing the Syrian government.

d) Regional Trade of Turkey

Most of Turkey’s exports in 2023 are to Germany ($21 billion), America ($14 billion) and Iraq ($12 billion), and the most The country’s imports are from Russia ($45 billion), China ($44 billion) and Germany ($28 billion).

It is interesting to note that the Zionist regime is ranked as the thirteenth export destination of this Muslim country with 5.4 billion dollars of export products. In fact, as can be seen, in Türkiye’s trade map, both China and the United States are located as two different poles of the current world order. In fact, Turkey has tried in spite of global confrontations between East and West as an active actor to use the capacities of both current poles of the world economy.

f) Turkey’s way forward

In recent years, Turkey is trying to use its natural resources (such as energy and mineral resources), to strengthen its industries and to increase production and export. Value-added goods rose. Also, Turkey’s policies in the field of energy and paying attention to renewable sources and new energies can help strengthen the economic position of this country in West Asia and even beyond.

In this regard, projects such as “New Silk Road” and “Energy Agreements” with various countries in the region show Turkey’s determination to become a key actor in the global economy. has Turkey, however, is dealing with internal challenges such as high inflation and unemployment and foreign challenges such as opposition groups in northern Iraq and Syria that can disrupt its progress in the direction of achieving its ambitious goals.