Nation Party (Turkey, 1962) Nation Party (Turkey, 1962) The Nation Party () was a Turkish conservative and nationalistic political party active from 1962 to 1977. An earlier party named "Nation Party" had existed from 1948 to 1953, when it was outlawed. The founders of the party, led by Osman Bölükbaşı, subsequently formed the Republican Nation Party ("Cumhuriyetçi Millet Partisi"), which next merged with the Peasants' Party of Turkey to form the Republican Villagers Nation Party ("Cumhuriyetçi Köylü Millet Partisi" – CKMP). In 1962 the name was reused when Osman Bölükbaşı and a group of deputies and senators left the CKMP after a conflict and
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,