Foreign Direct Investment Vs. The United Kingdom - 1985 Words

The Turkish government has fought the Kurdistan Worker’s Party (PKK) for the last thirty-two years. The conflict has claimed countless thousands of lives, and caused more than 300,000 to go homeless following the destruction of their villages (MandÄ ±racÄ ±, 2016). Despite these atrocities Turkey’s economy has steadily grown, though at a slower rate than otherwise would be possible. Turkey has a highly diversified economy with strong sectors including agriculture, automotive production and shipbuilding. Turkey trades with neighboring countries including the U.S. and the United Kingdom, although there is a sizeable trade imbalance. Foreign Direct Investment figures are rising. Turkey has enjoyed support from the U.S. since the 1950’s and has partnered with the US militarily most notably in Afghanistan. Turkey has strong allies in the Gulf Cooperation Council (GCC) and the European Union (EU). Tipping the scales downwards is Turkey’s vision of itself. It s eeks to create a version of democracy marked by intolerance of Kurds. It is the most serious problem Turkey faces. On the 24th of August 2016, Turkish forces launched a limited-scale ground invasion into Syria to support the Free Syrian Army (FSA) and halt the taking of the border town of Jarabulus by Syrian Kurds. The resistance encountered was minor: ISIS fighters did little to resist likely due to technological overmatch. The majority of the fighting was reported to be against the Syrian Kurds. This incursion appeared to beShow MoreRelatedThe Last Major Overhaul Of Theu.s Tax Code1154 Words   |  5 PagesTax Reform Act of 1986. President Ronald Regan’s Treasury Department proposed a tax-neutral reform with the definitive duty of simplifying the overall code. However, the absence of any reform since then greatly reflects the United States current condition, in that â€Å"The United States provides a good example of an uncompetitive tax code† (Pomerleau Lundeen, 20 14). 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