Foreign Direct Investment Boosts Economic Growth and Job Creation in Turkey
Foreign direct investment (FDI) is crucial for economic growth in developing countries like Turkey. FDI brings in capital, creates jobs, transfers technology, and boosts trade. It helps countries integrate into the global economy and strengthens their competitiveness. FDI is a direct investment by individuals or companies from one country into another country's businesses. Turkey, for example, is working towards closer ties with Europe and needs effective government policies to attract foreign investment. FDI is a key driver of economic development and plays a significant role in international trade.