What Is an Oligarchy?

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By jamie
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6. Turkey

Turkey is a nation that straddles both Eastern Europe and Western Asia. It is a country that is rich in history, has a fairly strong economy, and is also a popular tourist destination. Officially, Turkey is a unitary presidential constitutional republic. Turkey is also controlled largely by the Koc family, who are by far the wealthiest family in the country.

The family owns various business, including the Tupras oil refining business, which the family bought directly from the government. Such is their wealth that they have significant influence over government policy and foreign investors will often find themselves dealing with the Koc family directly.

Oligarchy

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