An Overview of Insurance and Mining Sector in Turkey

Burcak Basbug Erkan

Research output: Contribution to specialist publicationArticle

Abstract

Turkey is the 17th largest economy in the world. It has rich natural and mineral resources. Efficient use of these resources contributes significantly to economic development of the country. 86 per cent of traded mineral in the world exist in Turkey. In 2002, 0.92 per cent of gross domestic Income of Turkey was comprised of the contribution of the mining sector. This rises up to 1.40 per cent in 2013. Mining sector is worth approximately 10 billion uSd in 2013. yet, strength in industrialization with less care given to work place health and safety brings together an increase in work accidents and occupational diseases. Between 2008 and 2012, 5.924 insured died as a result of work accidents and occupational diseases. Mining sectors is one of the sectors, where these losses often occur. 2.554 people died between 1998 and 2001 only in ‘coal’ sector operations.
Original languageEnglish
Pages3
No.20
Specialist publicationThe Turkish Insurance and Pension Newsletter
Publication statusPublished - 9 Feb 2015
Externally publishedYes

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