Turkey: Difference between revisions
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Thus, the Millî Şef begins the year of 1962 with a long list of troubles: A stagnating economy, popular unrest rising against the CHP's 40-year rule after decades of landslide elections, and a deteriorating situation abroad.
= Government and Politics =
=== Foreign Relations ===
In line with its traditional Western orientation, relations with Europe have always been a central part of Turkish foreign policy. Turkey is a founding member and "Triumvir" of the Triumvirate, an alliance of the three foremost Mediterranean powers - Italy, Turkey, and Iberia - and their satellites. The Triumvirate provides both security and economic purposes, providing a valuable trade bloc with neighboring countries as well as deterring German aggression. Relationships in the Triumvirate have deteriorated due to conflicting claims between Turkey and Italy, as well as grievances by Turkey and Iberia of exploiting valuable passageways to undermine its allies. Italian support of a Greek Cyprus and their occupation of the Dodecanese have been the primary flashpoint.
Turkey has largely sought neutrality between international power blocs and to secure their claims in the the Mediterranean. Despite their participation with Germany in the Second World war, Turkey's Relationship with the Einheitspakt has remained abysmal postwar, escalating to a blockade.
The Republics of Armenia and the Syrian national State are Turkish satellite states, despite nominal independence.
= Economy =
The Republic of Turkey has the 19th largest economy in the world by nominal GDP - which according to government estimates is $11,140,000,000 as of 1962, while its nominal GDP per capita is $306 (Including lands administered by the 6th inspectorate general.) The Turkish economy has faced strain and stagnation resulting from high military spending and an embargo with the Einheitspakt due to abysmal relations. Despite economic difficulties, Turkey boasts an "A" credit rating.
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