Anatolian Tigers

DEFINITION of 'Anatolian Tigers '

A colloquial term that refers to a number of cities in central Turkey whose industrial prowess since the 1980s has resulted in impressive growth rates for the region and nation. Anatolian tigers include prominent cities such as Gaziantep, Kayseri and Konya, which have the most number of firms among Turkey's 500 biggest companies.


The term is also used to refer to the many successful entrepreneurs from these cities, as well as to the emerging Turkish middle class.

BREAKING DOWN 'Anatolian Tigers '

The success of the cities that constitute the "Anatolian Tigers" can be traced back to the economic liberalization programs that were initiated in Turkey from 1980. These cities flourished despite receiving little state investment or subsidies, as the economic reforms unleashed a wave of entrepreneurship. Turkey's strong growth since 1980 has been mainly powered by the Anatolian tigers. The nation's exports grew from about $209 billion in 1980 to $35 billion in 2002, while per capita GDP quadrupled from $2,242 to $9,073 over the same period.

RELATED TERMS
  1. Turkey

    Slang for an investment that yields disappointing results or ...
  2. Lion economies

    A nickname given to Africa's growing economies.
  3. Municipal Assistance Corporation ...

    A corporation created by the state of New York to aid New York ...
  4. Tatra Tiger

    A nickname or colloquial term for the central European nation ...
  5. The City

    The main financial district of London, and one of the world's ...
  6. TRY (Turkish New Lira)

    The currency abbreviation for the Turkish new lira (TRY), the ...
Related Articles
  1. Markets

    How The Russian Conflict Affects The Turkish Economy

    Is it time to pull money out of Turkey? Here’s how the conflict between Russia and Turkey, stemming from Turkey shooting down a Russian plane, is severely impacting the Turkish economy.
  2. Investing

    The Tiger Woods Effect - $12 Billion Wiped Out

    The Tiger Woods debacle shook the marketing complex. Major sponsors are drawing their lines in the sand, and the cost is huge.
  3. Investing

    Is Turkey The Next Brazil?

    Is Turkey the next emerging market in line for a credit rating downgrade.
  4. Insights

    Is Turkey Now Too Risky? (TUR)

    Volatility in Turkey's equity market rose following the resignation of the Prime Minister. Does this political risk mean Turkey is too risky to invest?
  5. ETFs & Mutual Funds

    TUR: iShares MSCI Turkey ETF

    Learn about the iShares MSCI Turkey exchange-traded fund, which invests in a wide variety of companies' equities traded on Turkish exchanges.
  6. Investing

    Is Turkey Facing an Energy Crisis?

    In a rush of activity, Turkey has made diplomatic gestures to both Israel and Russia that could pave the way for lucrative natural gas deals.
  7. Entrepreneurship & Small Business

    The Best City to Become An Entrepreneur Is What?!

    These four U.S. cities form a new landscape of cities that nurture the entrepreneurial spirit.
  8. Managing Wealth

    How Citigroup Ensured That It's Too Big to Fail

    As a business, Citi has everything going for it. Scale, operational breadth...and the ear of key policymakers.
  9. Personal Finance

    5 Cities the Ultra-Rich Are Moving to

    Learn the top five cities worldwide that are attracting the most high-net-worth individuals, and discover factors that make a city appealing to the ultra-rich.
  10. Markets

    Turkey on the Verge of a Credit Downgrade

    Turkish sovereign bonds could be the next market to suffer losses
RELATED FAQS
  1. Is Turkey a developed country?

    Understand that the distinction between developed and developing countries can be nebulous, and learn why Turkey sits in ... Read Answer >>
  2. What is the cost of living difference between Boston and New York City?

    Discover MIT and Numbeo statistics that show that the cost of living in Boston, except for rental prices, is basically equal ... Read Answer >>
  3. Which US cities have the highest number of high-income households?

    Learn which U.S. cities have the highest number of high-income households and why they were able to attract such a large ... Read Answer >>
  4. How does industrialization lead to urbanization?

    Discover the connection between industrialization and urbanization and learn how economic growth increases the demand for ... Read Answer >>
  5. How much does seasonality affect the net sales figures of companies, such as retailers?

    Explore how retail sales and other businesses are affected by seasonality, with some examples of certain product sales that ... Read Answer >>
  6. What does the rule of 70 indicate about a country's future economic growth?

    Find out more about the rule of 70, what it measures and what it indicates about a country's future economic growth rate. Read Answer >>
Hot Definitions
  1. Glass-Steagall Act

    An act the U.S. Congress passed in 1933 as the Banking Act, which prohibited commercial banks from participating in the investment ...
  2. Quantitative Trading

    Trading strategies based on quantitative analysis which rely on mathematical computations and number crunching to identify ...
  3. Bond Ladder

    A portfolio of fixed-income securities in which each security has a significantly different maturity date. The purpose of ...
  4. Duration

    A measure of the sensitivity of the price (the value of principal) of a fixed-income investment to a change in interest rates. ...
  5. Dove

    An economic policy advisor who promotes monetary policies that involve the maintenance of low interest rates, believing that ...
  6. Cyclical Stock

    An equity security whose price is affected by ups and downs in the overall economy. Cyclical stocks typically relate to companies ...
Trading Center