INDUCEMENT OF FOREIGN INVESTMENT IN TURKISH AND KAZAKH LAWS

Abstract

Insufficiency of internal resources of developing countries creates need ofrecalling of external investment tools to the country.Many developing countries proposes tax and inducement pack to theforeign investors in order to provide exterior resources and technology neededduring development process. However, being applied of just these methods fallbehind in recalling foreign investments. Because, foreign investors have toconsider factors like economic and political stability, sufficient potentialdemand, accession to the raw material and opportunity of effective producing ofthe invested country while deciding to invest in another country.Moreover, and maybe most significantly, in order to establish secureinvestment environment, it is unarguable that host country’s being part ofconventions which are internationally signed such as moderate investmentregulations play a big role in inducement of foreign investments.In this regard, it has been observed that Turkey and Kazakhstan, which areboth developing countries and need foreign investments, allow for rudiments topromote foreign investments by changing investment regulations at times inorder to attract investments. Hence, it is undoubted that promoting investmentsand intensive investments made right after will play a significant role in thedevelopment of the two countries.

Özet

Gelişmekte olan ülkelerin iç kaynaklarının yetersizliği, dış kaynaklı yatırım

Keywords: Türkiye, Kazakistan, yabancı yatırım, yatırımın teşviki, milletlerarası sözleşmeler