Nation Party (Turkey, 1948) after a conflict and founded a new party. After some initial electoral success the party did not win any seats in the 1973 general elections, eventually dissolving itself in 1977. In 1992, the name was reused again when the Reformist Democracy Party ("Islahatçı Demokrasi Partisi"), led by Aykut Edibali, renamed itself as "Millet Partisi". "This article incorporates material from articles from the Turkish Wikipedia." Nation Party (Turkey, 1948) The Nation Party () was a conservative and nationalistic political party developed as a third option within the then bipartisan system in Turkey. It lasted from 1948 until 1953, when it was
Turkey annual current account deficit was $47.3 billion at the end of December 2017, compared to the previous year's figure of $33.1 billion. In the early decades of the Turkish Republic, the government (or banks established and owned by the government, such as Türkiye İş Bankası (1924), Sanayi ve Maadin Bankası (1925), Emlak ve Eytam Bankası (1926), Central Bank of Turkey (1930), Sümerbank (1933), İller Bankası (1933), Etibank (1935), Denizbank (1937), Halk Bankası (1938), etc.) had to subsidise most of the industrial projects, due to the lack of a strong private sector. However, in the period between the 1920s and 1950s,