Akademik Veri Yönetim Sistemi
International Journal of Economics and Finance Studies, cilt.15, sa.4, ss.319-342, 2023 (Scopus)
The research aims to examine whether risk and uncertainty affect foreign direct investments into the Turkish economy, on both global and national scale, using the Structural Vector Autoregression Model. World Uncertainty Index, World Uncertainty Index for Turkey, Global geopolitical risk, Turkish geopolitical risk for Turkey, and Economic and Political Uncertainty indices were chosen to represent risk and uncertainty. While foreign direct investments support economic growth of a country, uncertainty, and risks are important factors for investors looking for a stable environment. Therefore, considering risk and uncertainty together and examining them nationally and globally is extremely important. Therefore, it is essential to consider risk and uncertainty both nationally and globally. It is seen that foreign direct investments are affected by the uncertainty in Turkey. Turkey’s geopolitical risk is quite effective, and global geopolitical risk is effective. Turkey should encourage foreign direct investments by reducing geopolitical risks with stable policies, introducing reassuring measures, and dealing with global geopolitical risks through international cooperation.