The Turkish economy has experienced a significant expansion in recent years. The CIA ranks Turkey among the developed states of the world. The country is a founding member of the OECD (the Organization for Economic Cooperation and Development) and of the G20.
The modern era of the Turkish nation began in 1923, with the significant policy of Mustafa Kemal, the first President of the Turkish Republic who worked to bring the so-called ’Western’ and democratic wave ’across the country.
| Official Name: | Republic of Turkey |
| Form of government: | Parliamentary Republic |
| President: | Abdullah Gül |
| Prime Minister: | Recep Tayyip Erdoğan |
| Currency: | New Turkish Lira (TRY) |
