Despite remaining a key market in MNCs’ EMEA portfolios, Turkey has become an increasingly difficult place to do business in. Rising insecurity, political uncertainty, regulatory unpredictability, and a slowdown in growth are making it even more challenging for executives to…
Frontier Strategy Group hosted an exclusive breakfast for Turkey senior executives across sectors on June 1. While the overall mood amongst clients was confident, it was clear that executives are also under pressure from high corporate expectations, despite only moderate…
A number of issues have been causing multinationals to question investment plans for Turkey in the past year: The country experienced three major terrorist attacks allegedly perpetrated by ISIS in the last year and fears of geopolitical risk – whether related…
One of the Justice and Development Party (AKP)’s major areas of focus immediately after the elections will be the drafting and implementing of its economic policies. AKP’s previous economic policy-making team will be largely in place, signaling a continuation of…
Multinational executives are facing a period of heightened instability in Turkey as the country’s involvement in the Syrian conflict increases, the domestic struggle between the Turkish government and the armed wing of Turkey’s pro-Kurdish movement PKK resurfaces, and the question of…
Turkey’s general elections resulted in an unprecedented challenge to the country’s ruling Justice and Development Party (AKP)’s power on Sunday. For the first time since taking power in 2002 the AKP failed to form a single party government, despite winning the…
A number of events in recent months have increased concerns that economic decision-making in Turkey is becoming highly politicized. This will have a negative impact on multinational corporations for most of 2015 as volatility remains high and currency depreciation squeezes…