Turkey: A Country Study

Turkey: A Country Study is a comprehensive book that provides an in-depth look into the history, culture, geography, politics, economy, and society of Turkey. Written by the Federal Research Division, the book covers various aspects of Turkey, including its ancient civilizations, Ottoman Empire, modernization, and political evolution. It also explores Turkey's diverse ethnic and religious groups, as well as its relations with neighboring countries and the international community. The book includes maps, photographs, and statistical data, making it a valuable resource for researchers, students, and anyone interested in learning about Turkey.Domestic industries also lost ground in export markets because of increases in the cost of raw materials and energy. Turkey's trade deficit reached US$4 billion in 1977, contributing to a balance of payments deficit nearly five times the 1974 level. Becoming skeptical of Turkey's ability to repay existing debts, a number of foreign creditors refused to extend further loans. As a result, the country virtually ran out of foreign exchange to meet its immediate commitments and was faced with national bankruptcy, which was averted only when the Central Bank intervened by suspending payments for many imports and, in effect, forced credit from foreign exporters.This scarce antiquarian book is a facsimile reprint of the old original and may contain some imperfections such as library marks and notations. Because we believe this work is culturally important, we have made it available as part of our commitment for protecting, preserving, and promoting the world's literature in affordable, high quality, modern editions, that are true to their original work.