text: The strategic aim was to unite Turkey with the "global economy," which big business supported, and gave Turkish companies the ability to market products and services globally. One month after the coup, London's International Banking Review wrote "A feeling of hope is evident among international bankers that Turkey's military coup may have opened the way to greater political stability as an essential prerequisite for the revitalization of the Turkish economy". During 1980–1983, the foreign exchange rate was allowed to float freely. Foreign investment was encouraged. The national establishments, initiated by Atatürk's Reforms, were promoted to involve joint enterprises with foreign establishments. The 85% pre-coup level government involvement in the economy forced a reduction in the relative importance of the state sector. Just after the coup, Turkey revitalized the Atatürk Dam and the Southeastern Anatolia Project, which was a land reform project promoted as a solution to the underdeveloped Southeastern Anatolia. It was transformed into a multi-sector social and economic development program, a sustainable development program, for the 9 million people of the region. The closed economy, produced for only Turkey's need, was subsidized for a vigorous export drive.
  The drastic expansion of the economy during this period was relative to the previous level. The GDP remained well below those of most Middle Eastern and European countries. The government froze wages while the economy experienced a significant decrease of the public sector, a deflationist policy, and several successive mini-devaluations.