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This chapter features an overview of Turkey’s legal framework. Subjects include structural reforms, corporate governance, inter-governmental agreements, bankruptcy protection, and reforms in finance. OBG partner, Ümıt Hergüner, Senior Partner of Hergüner Bılgen Özeke, also offers a viewpoint on creating an investment environment to meet Turkey’s centennial goals.

Featuring the viewpoint of Emre Burçkin, Chairman of the Board of OBG partner, Consulta, this chapter contains information about Turkey’s tax system, designed to aid those interested in doing business in the republic.

The rapid growth of the domestic economy has helped to sustain an expanding media landscape, although issues of media freedom remain an ongoing concern. For some, a sense of growing polarisation represents a danger; others regard it as the emergence of a healthier (if more contested) public sphere. Despite the challenge from online outlets, Turkish print journalism still maintains a diverse range of publication and viewpoints. For 2013, there is widespread expectation that increased economic growth, along with the sector’s ability to move on from recent television ratings issues, should result in solid expansion. This chapter contains an interview with Nurı Çolakoğlu, President, Doğan Media International.

Although the health system faces an array of challenges, including human resource shortages, disparities between regions and rising costs, significant gains in the quality and accessibility of care have markedly improved the wellness of Turkey’s population. Moreover, as the economy expands, health companies and investors are well positioned to capitalise on growth opportunities in private hospital development, pharmaceuticals production and medical device manufacturing. Now that Turkey has secured its place among the emerging market leaders in public health, the country is seeking to leverage the system as a platform for economic growth.

Between 2000 and 2011, the number of students enrolled in higher education institutions doubled. According to a recent study, this increase should reduce the probability of a middle-income slowdown. The stakes for reform are high, given the key role the school system must play in facilitating the country’s transition to a more knowledge-oriented economy. With primary school enrolment up from 95.3% in 2000 to 98.4% in 2010, the republic has shown that it is on track to meet the UN Millennium Development Goal of universal enrolment by 2015. While enrolment is up, ensuring equal regional access will be more difficult to achieve. This is not lost on the current administration, which has boosted school investment in underserved areas. This chapter contains interviews with Umran Inan, President of Koç University, and Yücel Altunbaşak, President, Scientific and Technological Research Council of Turkey.