ABSTRACT
This chapter examines the relationship between the Turkish shipping industry and the Turkish economy during the mid-1990s. Shipping in Turkey has played the role of a locomotive industry for the country and continues to play a significant role within the economy. The Turkish shipping industry has been one of the foundation stones of the economy of Turkey. The industry has developed substantially since the beginning of the 1980s and has contributed to the national economy through imports and exports of foreign trade. The characteristics of the Turkish economy have been derived from the liberalisation policies developed during the Prime Ministry of Turgut Ozal through the 1980s. Liberalisation within the economy has played an important role for Turkey and the shipping industry has been one economic activity that has been particularly affected. Overall growth within the shipping industry is increasing and the Turkish merchant fleet has continued to expand.
