Turkey played a prominent role in the Korean War and joined NATO in 1952.

During
the Cold War years, the country endured two military coups in 1960 and 1980, and a
period of economic and political turmoil in the 1970s. The economy was liberalized
in the 1980s, leading to stronger economic growth and political stability. Since
2002, the country's political system has been dominated by the AKP and its leader
Recep Tayyip Erdoğan, under whom a decade of rapid growth in nominal GDP took place
until 2013,[26][27] which was followed by a period of recession and stagnation in
terms of USD-based nominal GDP between 2013 and 2020,[27] and high inflation as of
2023.[28] The AKP government's initial economic achievements, which were financed
through privatization revenues and loans, were overshadowed by democratic
backsliding and an erosion in the separation of powers and civil liberties, which
gained momentum after the parliamentary republic was replaced by an executive
presidential system with a referendum in 2017.[29][30]

Turkey is a regional power with a geopolitically significant strategic location.

[31][32] The economy of Turkey, which is a founding member of the OECD and G20, is
classified among the E7, EAGLEs and NICs, and currently ranks 19th-largest in the
world by nominal GDP and 11th-largest by PPP. Turkey is a charter member of the
United Nations, the IMF and the World Bank; a founding member of the OSCE, OIC,
BSEC, ECO, MIKTA, TURKSOY and OTS; and an early member of NATO. After becoming one
of the early members of the Council of Europe in 1950, Turkey became an associate
member of the EEC in 1963, joined the EU Customs Union in 1995, and started
accession negotiations with the European Union in 2005. Turkey has a rich cultural
legacy shaped by centuries of history and the influence of the various peoples that
have inhabited its territory over several millennia; it is home to 19 UNESCO World
Heritage Sites and is among the most visited countries in the world.Turkey played a
prominent role in the Korean War and joined NATO in 1952. During the Cold War
years, the country endured two military coups in 1960 and 1980, and a period of
economic and political turmoil in the 1970s. The economy was liberalized in the
1980s, leading to stronger economic growth and political stability. Since 2002, the
country's political system has been dominated by the AKP and its leader Recep
Tayyip Erdoğan, under whom a decade of rapid growth in nominal GDP took place until
2013,[26][27] which was followed by a period of recession and stagnation in terms
of USD-based nominal GDP between 2013 and 2020,[27] and high inflation as of 2023.
[28] The AKP government's initial economic achievements, which were financed
through privatization revenues and loans, were overshadowed by democratic
backsliding and an erosion in the separation of powers and civil liberties, which
gained momentum after the parliamentary republic was replaced by an executive
presidential system with a referendum in 2017.[29][30]

Turkey is a regional power with a geopolitically significant strategic location.

[31][32] The economy of Turkey, which is a founding member of the OECD and G20, is
classified among the E7, EAGLEs and NICs, and currently ranks 19th-largest in the
world by nominal GDP and 11th-largest by PPP. Turkey is a charter member of the
United Nations, the IMF and the World Bank; a founding member of the OSCE, OIC,
BSEC, ECO, MIKTA, TURKSOY and OTS; and an early member of NATO. After becoming one
of the early members of the Council of Europe in 1950, Turkey became an associate
member of the EEC in 1963, joined the EU Customs Union in 1995, and started
accession negotiations with the European Union in 2005. Turkey has a rich cultural
legacy shaped by centuries of history and the influence of the various peoples that
have inhabited its territory over several millennia; it is home to 19 UNESCO World
Heritage Sites and is among the most visited countries in the world.