Anatolian Tigers

AAA

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.

INVESTOPEDIA EXPLAINS '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. Middle-Income Countries (MICs)

    Nations with a per-capita gross national income in 2012 between ...
  2. Tiger Cub Economies

    The four Southeast Asian economies of Indonesia, Malaysia, the ...
  3. CIVETS (Colombia, Indonesia, Vietnam, ...

    An acronym given to the countries Colombia, Indonesia, Vietnam, ...
  4. International ETF

    Any exchange-traded fund that invests in foreign-based securities. ...
  5. Tiger Economy

    A nickname given to the economies of Southeast Asia. Some of ...
  6. Celtic Tiger

    A nickname for Ireland during its boom years of the late 199 ...
Related Articles
  1. Options & Futures

    Evaluating Country Risk For International Investing

    Investing overseas begins with determining the risk of the country's investment climate.
  2. Mutual Funds & ETFs

    Advantages And Disadvantages Of ETFs

    You've probably heard that ETFs are better than mutual funds, but you need to consider all aspects before investing.
  3. Fundamental Analysis

    An Evaluation Of Emerging Markets

    Get the full story on this asset class before you write it off as too risky.
  4. Economics

    What Is An Emerging Market Economy?

    Emerging markets provide new investment opportunities, but there are risks - both to residents and foreign investors.
  5. Options & Futures

    An Introduction To Emerging Market Bonds

    The rewards associated with this fixed-income asset are significant, but so are the risks.
  6. Economics

    Iron Ore Market: Falling Into The Hands Of A Few

    The big iron ore mining companies have embarked on a drive to increase supply, reduce cost, and take market share.
  7. Stock Analysis

    What’s The Best Airline Stock In the Industry?

    With many airlines forced to seek bankruptcy protection, Southwest Airlines stands out as having consistently remained profitable throughout its history.
  8. Economics

    What's a Producer Surplus?

    In economics, producer surplus is the difference between the price at which the producer actually sells a product and the minimum price the producer would have accepted for the product. The surplus ...
  9. Economics

    When Will The Fed Raise Interest Rates?

    We discuss how the actions of U.S. central bank leaders (i.e. “The Fed”) will affect interest rates in the near future.
  10. Investing News

    Sun Pharma And Ranbaxy: An Ideal Pharma Marriage?

    The Sun Pharma merger with Ranbaxy will blend the complementary market strengths and areas of expertise of each company and create a powerful pharma force.

You May Also Like

Hot Definitions
  1. Fixed Cost

    A cost that does not change with an increase or decrease in the amount of goods or services produced. Fixed costs are expenses ...
  2. Subsidy

    A benefit given by the government to groups or individuals usually in the form of a cash payment or tax reduction. The subsidy ...
  3. Sunk Cost

    A cost that has already been incurred and thus cannot be recovered. A sunk cost differs from other, future costs that a business ...
  4. Technical Skills

    1. The knowledge and abilities needed to accomplish mathematical, engineering, scientific or computer-related duties, as ...
  5. Prepaid Expense

    A type of asset that arises on a balance sheet as a result of business making payments for goods and services to be received ...
  6. Gordon Growth Model

    A model for determining the intrinsic value of a stock, based on a future series of dividends that grow at a constant rate. ...
Trading Center