ent, Turkey imports goods valued approximately 50 percent more than the value of the country's exports (Hunter, 1993, p. 1301). The Turkish government plays a major role in the country's economy (Kochan, 1992, pp. 50-56). The practice of etatism, introduced in Turkey in 1931, evolved into a system wherein the Turkish government promotes industrialization through the development and implementation of five-year economic plans, the creation of state-owned industrial enterprises, and the imposition of protective tariffs (Pittman, 1989, pp. 181-182). Although etatism has formally been abolished in Turkey, a state economic enterprise system continues to flourish at both policy and operating levels in the economy. The major role of the state in the Turkish economy is a major differentiation between Turkey and the major western industrial economies, and acts as a major deterrent to the attraction of foreign investment to the Turkish economy.
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