Sürdürülebilir Kalkınma Amaçları

  • MakaleYalnız künye2015
    Evaluatıon of istanbul as an ınternatıona fınance center

    Baltaci, Nuri; Akyol, Hikmet

    In this study, the research has been conducted in order to find the possibility level of İstanbul that is the most significant financial city of Turkey, which aims to be one of the 10 greatest economy of the World in 2023, to become regional finance center in medium term and an international finance center in long term within the frame of this goal. In this regard, it is aimed to reveal the potential position of İstanbul by comparing and contrasting the city with her rivals. As a result, it has been seen that although İstanbul has been developed in Middle Eastern and African regions for being the regional finance center, it is not possible for the city to be the leader yet and it can be stated that the leader of the region is still in the hands of Dubai. However, the chance of İstanbul to be the regional center in medium seems possible. In accordance with the results of GFCI 16 index, İstanbul is the leader center of another region of Eastern Europe and Central Asia that the city located. However, the fact that there is a little score difference between İstanbul and Almaty, which is considered as the city’s closest rival, demonstrates that there will be a serious contention between these two centers later on. When similar indexes are analyzed, the toughest rival of İstanbul in Eastern Europe and Middle Asia region seems to be Moscow. In accordance with another result of the study, it is not possible yet for İstanbul to be an international finance center for now. However, it is possible for the city that displays development in comparison with last years to achieve this objective over the long run. The last results of the study as an outcome of regional polarization and specialization is that financial centers start to assertively take place in world arena each passing day. This means that in the forthcoming years it will be quite possible to see the finance centers at the top ranks