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Subject: C.RAT
Date: Tue, 8 Aug 2006 19:52:33 +0100
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src=3D"http://www.emergingmarkets.co.uk/crat/country_reports/images/print=
er2.gif"=20
      width=3D13 border=3D0> </A></TD></TR></TBODY></TABLE><BR>
<TABLE class=3Dborder cellSpacing=3D0 cellPadding=3D0 width=3D580 =
border=3D0>
  <TBODY>
  <TR>
    <TD class=3Dcountryheading>TURKEY</TD>
    <TD align=3Dmiddle width=3D180><IMG class=3Dborder height=3D53=20
      =
src=3D"http://www.emergingmarkets.co.uk/crat/country_reports/images/Turke=
y_flag.gif"=20
      width=3D79 align=3Dmiddle border=3D0></TD></TR>
  <TR>
    <TD width=3D400>
      <TABLE class=3Darial11 cellSpacing=3D1 cellPadding=3D2 width=3D340 =
border=3D0>
        <TBODY>
        <TR bgColor=3D#cccccc>
          <TD class=3Dlargebody width=3D220><B>HUMAN RIGHTS</B></TD>
          <TD class=3DbodySmall vAlign=3Dtop align=3Dmiddle =
width=3D120><B><IMG=20
            height=3D24 hspace=3D5=20
            =
src=3D"http://www.emergingmarkets.co.uk/crat/country_reports/images/score=
_moderate.gif"=20
            width=3D76 border=3D0> </B></TD></TR>
        <TR bgColor=3D#cccccc>
          <TD class=3Dlargebody width=3D220><B>COUNTRY =
GOVERNANCE</B></TD>
          <TD class=3DbodySmall vAlign=3Dtop align=3Dmiddle =
width=3D120><B><IMG=20
            height=3D24 hspace=3D5=20
            =
src=3D"http://www.emergingmarkets.co.uk/crat/country_reports/images/score=
_moderate.gif"=20
            width=3D76 border=3D0> </B></TD></TR>
        <TR bgColor=3D#cccccc>
          <TD class=3Dlargebody vAlign=3Dtop =
width=3D220><B>ENVIRONMENT</B></TD>
          <TD class=3DbodySmall vAlign=3Dtop align=3Dmiddle =
width=3D120><IMG height=3D24=20
            hspace=3D5=20
            =
src=3D"http://www.emergingmarkets.co.uk/crat/country_reports/images/score=
_high.gif"=20
            width=3D76 border=3D0></TD></TR></TBODY></TABLE></TD>
    <TD vAlign=3Dtop align=3Dmiddle width=3D180 rowSpan=3D2><IMG=20
      =
src=3D"http://www.emergingmarkets.co.uk/crat/country_reports/images/Turke=
y_map.gif"=20
      border=3D0></TD></TR>
  <TR>
    <TD width=3D400>
      <TABLE class=3Darial11 cellSpacing=3D1 cellPadding=3D2 width=3D340 =
border=3D0>
        <TBODY>
        <TR vAlign=3Dtop bgColor=3D#cccccc>
          <TD class=3DbodySmall width=3D220>Population (m)</TD>
          <TD class=3DbodySmall align=3Dmiddle =
width=3D120><B>71.7</B></TD></TR>
        <TR vAlign=3Dtop bgColor=3D#cccccc>
          <TD class=3DbodySmall width=3D220>Economy (US$ bn)</TD>
          <TD class=3DbodySmall align=3Dmiddle =
width=3D120><B>340.3</B></TD></TR>
        <TR vAlign=3Dtop bgColor=3D#cccccc>
          <TD class=3DbodySmall width=3D220>GDP Per Capita (US $)</TD>
          <TD class=3DbodySmall align=3Dmiddle =
width=3D120><B>3,154</B></TD></TR>
        <TR vAlign=3Dtop bgColor=3D#cccccc>
          <TD class=3DbodySmall width=3D220>GDP Per Capita at PPP (US =
$)</TD>
          <TD class=3DbodySmall align=3Dmiddle =
width=3D120><B>7,958</B></TD></TR>
        <TR vAlign=3Dtop bgColor=3D#cccccc>
          <TD class=3DbodySmall width=3D220>
            <P>Official Language(s)</P></TD>
          <TD class=3DbodySmall align=3Dmiddle =
width=3D120><B>Turkish</B></TD></TR>
        <TR vAlign=3Dtop bgColor=3D#cccccc>
          <TD class=3DbodySmall width=3D220>Capital</TD>
          <TD class=3DbodySmall align=3Dmiddle=20
        =
width=3D120><B>Ankara</B></TD></TR></TBODY></TABLE></TD></TR></TBODY></TA=
BLE><BR>
<TABLE class=3Dborder cellSpacing=3D0 cellPadding=3D0 width=3D580 =
border=3D0>
  <TBODY>
  <TR>
    <TD width=3D580>
      <DIV class=3Dlargebody align=3Dleft>
      <P><B>SUMMARY</B></P></DIV>
      <UL>
        <LI>Modern Turkey emerged in 1923 from the ashes of WWI and the =
failed=20
        Ottoman Empire. Mustafa Kemal =93Ataturk=94, =93Father of the =
Turks=94, led the=20
        transformation of the country into a modern, secularly governed=20
        republic. The military has traditionally played a major role in =
Turkish=20
        politics, seeing itself as the guardian of secularism and =
stability.=20
        Since 1960 the military has directly or indirectly intervened in =

        politics three times, most recently in 1998 when it had the=20
        Constitutional Court ban the Welfare Party, which had won the =
general=20
        election, for being overtly Islamist. The current prime =
minister, Recep=20
        Tayyip Erdogan, was originally attached to the Welfare Party, =
and formed=20
        his own liberal right party which won the 2002 election.
        <LI>Turkey has a customs union with the European Union and =
commenced EU=20
        accession talks in late 2005. There is considerable debate =
within both=20
        the EU and Turkey as to whether the country should join the=20
        organisation. The EU has provided Turkey with a long list of =
important=20
        political, human rights, and economic reforms necessary before=20
        negotiations can begin. Despite good progress towards these =
reforms,=20
        much more needs to be done. The country belongs to NATO. =
Approximately=20
        80% of the population are ethnically Turkish, with the remainder =

        Kurdish, who are concentrated in the south-east of the country. =
99% of=20
        the population is Muslim.=20
        <LI>From 1984 to 1999 the military fought a guerrilla war =
against the=20
        separatist Kurdistan Worker=92s Party (PKK). After the capture =
of the=20
        PKK=92s leader in 1999 the group observed a unilateral =
ceasefire, although=20
        hostility resumed more locally in 2004. In December 2003, the =
British=20
        consulate, HSBC and two synagogues were the targets of islamist =
suicide=20
        attacks in Istanbul. Several other less devastating attacks, =
some of=20
        which targeted Western interests, followed in 2004-05.
        <LI>The economy is currently in transition from reliance on =
agriculture=20
        (accounting for around 10% of GDP in 2005) and heavy industry to =
an=20
        increasing services sector. Industry is focused in textiles and =
clothing=20
        (the country=92s largest export), electronics, food processing, =
autos and=20
        basic materials. Turkey has a large informal economy.=20
  </LI></UL></TD></TR></TBODY></TABLE><BR>
<TABLE class=3Dborder cellSpacing=3D0 cellPadding=3D0 width=3D580 =
border=3D0>
  <TBODY>
  <TR>
    <TD class=3Dlargebody width=3D180><B>HUMAN RIGHTS</B></TD>
    <TD class=3Dlargebody width=3D125><B>Score: 6.1</B></TD>
    <TD class=3Dlargebody width=3D160><B>Rank: 74/158 </B></TD>
    <TD align=3Dright width=3D115><IMG height=3D24 hspace=3D5=20
      =
src=3D"http://www.emergingmarkets.co.uk/crat/country_reports/images/score=
_moderate.gif"=20
      width=3D76 border=3D0></TD></TR></TBODY></TABLE><BR>
<TABLE class=3Dborder cellSpacing=3D0 cellPadding=3D0 width=3D580 =
border=3D0>
  <TBODY>
  <TR>
    <TD width=3D580>
      <P class=3Darial12><B>SUMMARY OF SITUATION: </B>Human rights are =
moderately=20
      respected in Turkey. There have been meaningful improvements in =
recent=20
      years, mostly due to reforms associated with Turkey=92s =
application to join=20
      the EU. The abolition of the death penalty has been lauded, and =
the=20
      military did not interfere in the victory of a moderately=20
      Islamic-affiliated party in the 2002 election. The state of =
emergency was=20
      lifted in the Kurdish provinces in the southeast, and the Kurds =
have=20
      recently been granted some significant freedoms. While =
implementation of=20
      recent legislative changes is taking place, human rights =
violations=20
      continue to occur.</P>
      <P class=3Darial12><B>KEY RISKS:</B></P>
      <UL>
        <LI>Enforcement of Labour Laws &amp; Regulations: Anti-union =
practices=20
        are common, and many trade unionists are arrested and imprisoned =
by the=20
        authorities. Child labour is used in the informal sector, though =
this is=20
        declining.
        <LI>Civil Liberties: There are reports of widespread violation =
of civil=20
        liberties in the Kurdish south-east. Police have been known to =
engage in=20
        torture of suspects, and have recently used lethal violence =
during=20
        street disturbances. Freedom of expression is moderately =
restricted, and=20
        there have been some reports of attacks against religious =
minorities.
        <LI>Press Freedom: The constitution guarantees freedom of the =
press, but=20
        this freedom is restricted in practice. Journalists are =
frequently=20
        jailed for criticising the government and military, or =
discussing=20
        sensitive issues such as the Kurdish question, political Islam, =
and the=20
        role of the military in politics. Reporting in Kurdish is de =
facto=20
        heavily restricted.
        <LI>Gender Discrimination: Women are well represented in =
professions and=20
        business. Reforms have been made over the last few years to =
recognise=20
        equality and safeguard individual rights. But social norms and =
practices=20
        still cause significant discrimination. Domestic violence is =
common and=20
        crimes against women are difficult to prosecute.=20
</LI></UL></TD></TR></TBODY></TABLE><BR>
<TABLE class=3Dborder cellSpacing=3D0 cellPadding=3D0 width=3D580 =
border=3D0>
  <TBODY>
  <TR>
    <TD class=3Dlargebody width=3D235><B>COUNTRY GOVERNANCE</B></TD>
    <TD class=3Dlargebody width=3D115><B>Score: 4.8</B></TD>
    <TD class=3Dlargebody width=3D140><B>Rank: 79/158 </B></TD>
    <TD align=3Dright width=3D90><IMG height=3D24 hspace=3D5=20
      =
src=3D"http://www.emergingmarkets.co.uk/crat/country_reports/images/score=
_moderate.gif"=20
      width=3D76 border=3D0></TD></TR></TBODY></TABLE><BR>
<TABLE class=3Dborder cellSpacing=3D0 cellPadding=3D0 width=3D580 =
border=3D0>
  <TBODY>
  <TR>
    <TD width=3D580>
      <P><SPAN class=3Darial12><B>SUMMARY OF SITUATION: </B>Country =
governance has=20
      improved dramatically over the past decade, albeit from a rather =
weak=20
      base. Economic reforms tied to Turkey=92s EU accession are =
starting to have=20
      an impact but major problems remain. The state plays an important =
role in=20
      the economy, notably basic industry, banking, and transport. =
Regulations=20
      are judged to be moderately burdensome. =
Unemployment/underemployment is=20
      high, causing about 1.2 million Turks to work abroad. The judicial =
system=20
      can be subject to political interference in high-profile cases, =
but is=20
      generally independent, if overburdened and slow. Turkey is one of =
the=20
      world=92s worst markets for book piracy. FDI had been low but is =
now=20
      increasing.</P>
      <P><SPAN class=3Darial12><B>KEY RISKS: </B></SPAN></P>
      <UL>
        <LI>Macro Stability: Turkey has a history of high inflation,=20
        over-borrowing, a weak banking system, and volatile GDP growth. =
This has=20
        caused a number of major financial crises; the most recent in =
2001 when=20
        the government was forced to float the Lira and GNP fell by =
9.5%. The=20
        government implemented ambitious economic reforms with the =
support of=20
        the IMF. The last few years have seen sustained high economic =
growth=20
        (averaging 7.5% over the last 4 years). Real GDP grew by 6.1% in =
2005.=20
        Falls in inflation and interest rates and a stabilising currency =
were=20
        however followed by further instability in 2006, demonstrating =
the=20
        fragility of the economy.
        <LI>Stability &amp; Conflict: Although a much smaller problem =
now than a=20
        decade ago, lingering issues remain. The military has a history =
of=20
        intervening in politics. The Kurdish question is far from being=20
        adequately resolved. The recent failure of the UN sponsored plan =
to=20
        solve the Cyprus problem means the continued presence of Turkish =
troops=20
        on the island.
        <LI>Corruption: Ruling coalitions have historically used =
patronage and=20
        contracts in return for support, leading to political corruption =
on a=20
        massive scale. There were allegations of corruption in the =
judiciary.=20
        </LI></UL></SPAN></TD></TR></TBODY></TABLE><BR>
<TABLE class=3Dborder cellSpacing=3D0 cellPadding=3D0 width=3D580 =
border=3D0>
  <TBODY>
  <TR>
    <TD class=3Dlargebody width=3D235><B>ENVIRONMENT</B></TD>
    <TD class=3Dlargebody width=3D115><B>Score: 5.4</B></TD>
    <TD class=3Dlargebody width=3D140><B>Rank:86/136</B></TD>
    <TD align=3Dright width=3D90><IMG height=3D24 hspace=3D5=20
      =
src=3D"http://www.emergingmarkets.co.uk/crat/country_reports/images/score=
_high.gif"=20
      width=3D76 border=3D0></TD></TR></TBODY></TABLE><BR>
<TABLE class=3Dborder cellSpacing=3D0 cellPadding=3D0 width=3D580 =
border=3D0>
  <TBODY>
  <TR>
    <TD width=3D580>
      <UL>
        <LI><B>Environment Current State Score: 5.2</B> - The current =
state of=20
        the environment is fair, this is in large part due to the =
country=92s low=20
        level of development and high level of urbanisation. Key issues =
include=20
        air pollution in urban areas, waste management including marine=20
        pollution from dumping of chemicals and detergents, =
deforestation, and=20
        concern for oil spills from increasing Bosporus ship traffic.=20
        <LI><B>Environment Regime Score: 6.6</B> - Domestic laws and=20
        international commitments provide a moderate level of protection =
for the=20
        environment. However, private sector compliance is not =
particularly=20
        good. There is also criticism that the rise in energy =
consumption is not=20
        being met by adequate policies to encourage energy efficiency.=20
        <LI><B>Environment Stress Score: 5.2</B> - Future risks of =
pressure on=20
        the environment are deemed to be moderate. The government is =
taking=20
        steps to improve air quality, including a ban on leaded petrol =
in 2006,=20
        though increasing numbers of automobiles will hamper efforts. =
Marine=20
        pollution from the Bosporus continues to be a major concern: =
further oil=20
        spills from collisions could put the Istanbul area at serious =
risk.=20
        <BR></LI></UL></TD></TR></TBODY></TABLE></CENTER></BODY></HTML>

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