What aspect of market opening allowed international supermarkets like Carrefour to enter Turkey?

I know that Turkey experienced financial liberalization/market opening during the 1980s and 1990s, but I’d like to know specifically what aspect of market opening would allow an international supermarket like Carrefour to establish itself in the country, where supposedly there were only local markets previously (or maybe I’m wrong about that). I also assume this would not just apply to Turkey but other developing countries that experienced financial liberalization during that time period.

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2 Responses to “What aspect of market opening allowed international supermarkets like Carrefour to enter Turkey?”

  1. Anjaree June 11, 2013 at 12:12 pm #

    1.Political situation in the host county is the most important. Big international trading house will bring new technology and efficiency. But it will kill mom and pop stores. People will protest and can bring negative effects. Carrefour has intensively expanded to Asia since the 2000s. But political situation in the host countries such as China, Malaysia, Thailand caused it to pull out and sold all property to local investors.
    2. The niche. The most important business is to bring cheap goods from China and sell under its name. That will kill domestic producers. In many countries which have bilateral trade agreements with China, the government has been forced to change it. That can affect the profit niche of such a trading house handsomely.

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