DIRECT CAPITAL INVESTMENTS IN THE OPENING PROCESS OF TURKEY TOWARDS THE SOUTH CAUCASUS

Abstract

After collapse of Soviet Union Southern Caucasus states had politicial independence and at the same time have eforted economic independence in their independence process. On the other hand, three coutries which named transition economies, have faced like finance, tecnology, management and qualified work force problems in level of their potancials put into practice. And so have needed high amount foreign capital and specilasition. Not only international politicial relations also international economic relations must notice on state’s foreign affairs reflex. In this context, economic power and relationship have increasing importance in international relations. This subject must concider in relationship between Turkey and Southern Caucasus states because of understanding and making politics and to make a prediction toward future as a foreign affair instrument

Keywords

• Southern Caucasus, foreign affairs, foreign capital, direct investment, development