Word: ozal
(lookup in dictionary)
(lookup stats)
Dates: during 2000-2009
Sort By: most recent first
(reverse)
...cultural fare (book sales are shrinking along with art-house film audiences) point to a brutal 1980 military coup as the start of this malaise. The generals ushered in an era of economic liberalization and anything-goes cowboy capitalism that rapidly transformed the country into a consumerist McHeaven. Turgut Ozal, who served as Prime Minister from 1983 to 1989 and as President from 1989 to 1993, famously declared that his dream was for Turkey to become "a little America." And he wasn't talking about liberty. Today, Turkey is home to Europe's youngest population, and one of the world...
...Ataturk decreed the separation of mosque and state shortly after World War I. The pro-Western political bent did not immediately translate into liberal economics. Corruption, cronyism and protectionism continued to cloud prospects until the 1980s. Even then, after a period of economic liberalization under reformist Prime Minister Turgut Ozal (a pal of Margaret Thatcher's), the old habits died hard. In 2001, Turkey suffered a full-blown financial crisis in which the Turkish currency lost nearly 50% of its value overnight...
...this mainly Muslim, albeit secular, country. Like Coke and rock 'n' roll, jeans arrived with American G.I.s in the '50s. They became a leftist uniform in the '70s, but it wasn't until the '80s with the advent of liberal leader - and fan of all things American - Turgut Ozal that they gained mass acceptance. A largely youthful population - some 55% of Turks are under the age of 25 - fueled the rise of Mavi, and by 1996 it had overtaken Levi's as the country's No. 1-selling jeans brand. That same year, Akarlilar invested $20 million...