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. 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. Celtic Tiger

    A nickname for Ireland during its boom years of the late 199 ...
  5. Tiger Economy

    A nickname given to the economies of Southeast Asia. Some of ...
  6. International ETF

    Any exchange-traded fund that invests in foreign-based securities. ...
Related Articles
  1. Economics

    What Is An Emerging Market Economy?

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

    Evaluating Country Risk For International Investing

    Investing overseas begins with determining the risk of the country's investment climate.
  3. 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.
  4. Fundamental Analysis

    An Evaluation Of Emerging Markets

    Get the full story on this asset class before you write it off as too risky.
  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. Charts & Patterns

    4 Ways To Predict Market Performance

    One school of thought to predicting market performance says, “Don’t fight the tape,” meaning, don’t get in the way of market trends.
  7. Investing News

    Latest Labor Numbers: Good News for the Market?

    Some economic numbers are indicating that the labor market is outperforming the stock market. Should investors be bullish?
  8. Investing News

    Is the White House too Optimistic on the Economy?

    Are the White House's economic growth projections for 2016 and 2017 realistic or too optimistic?
  9. Economics

    Can the Market Predict a Recession?

    Is a bear market an indication that a recession is on the horizon?
  10. Investing News

    The UAE: An Emerging Economy for Investors

    The learning from UAE on how it succeeded with timely diversification when the BRICS nations and the neighboring oil-rich economies faced challenges.
RELATED FAQS
  1. What's the difference between microeconomics and macroeconomics?

    Microeconomics is generally the study of individuals and business decisions, macroeconomics looks at higher up country and ... Read Full Answer >>
  2. Is Turkey a developed country?

    There are no hard-and-fast criteria for what defines developed countries. Different organizations set different standards ... Read Full Answer >>
  3. Is Israel a developed country?

    Israel is considered a developed country, although it has substantial poverty and large income gaps. The International Monetary ... Read Full Answer >>
  4. How do mutual funds work in India?

    Mutual funds in India work in much the same way as mutual funds in the United States. Like their American counterparts, Indian ... Read Full Answer >>
  5. What are some of the drawbacks of industrialization?

    In economic history, industrialization is the social and economic transformation of the human group from an agrarian society ... Read Full Answer >>
  6. What is the difference between JIT (just in time) and CMI (customer managed inventory)?

    Just-in-time (JIT) inventory management focuses solely on the need to replenish inventory only when it is required, reducing ... Read Full Answer >>
Hot Definitions
  1. Short Selling

    Short selling is the sale of a security that is not owned by the seller, or that the seller has borrowed. Short selling is ...
  2. Harry Potter Stock Index

    A collection of stocks from companies related to the "Harry Potter" series franchise. Created by StockPickr, this index seeks ...
  3. Liquidation Margin

    Liquidation margin refers to the value of all of the equity positions in a margin account. If an investor or trader holds ...
  4. Black Swan

    An event or occurrence that deviates beyond what is normally expected of a situation and that would be extremely difficult ...
  5. Inverted Yield Curve

    An interest rate environment in which long-term debt instruments have a lower yield than short-term debt instruments of the ...
  6. Socially Responsible Investment - SRI

    An investment that is considered socially responsible because of the nature of the business the company conducts. Common ...
Trading Center