Turkish guest workers (1961–1973)
West Germany signed its first labor recruitment agreement with Turkey in 1961, and by 1973 over 800,000 Turkish workers had moved there. The Gastarbeiter sent home hard currency that financed Turkish infrastructure and industry.
Remittances funded Turkish development but also masked weak domestic employment.
The oil shock of 1973 ended recruitment, leaving Turkey with a large unemployed returnee population.
Shows remittances can fund development while leaving home economies exposed to the host country's labor policy.
