Istanbul Tourism and Economical Strong Istanbul For Imf and Worldbank

Istanbul is one of the most important tourism spots of Turkey. There are thousands of hotels and other tourist oriented industries in the city, catering to both vacationers and visiting professionals. In 2006 a total of 23,148,669 tourists visited Turkey, most of whom entered the country through the airports and seaports of Istanbul and Antalya. The total number of tourists who entered Turkey through Atatürk International Airport and Sabiha Gökçen International Airport in Istanbul reached 5,346,658, rising from 4,849,353 in 2005.

Istanbul is also one of the world’s major conference destinations and is an increasingly popular choice for the world’s leading international associations.[12] Istanbul’s conference appeal developed with three separate conference and exhibition areas: The Conference Valley (Istanbul Convention & Exhibition Center, Istanbul Hilton Convention & Exhibition Center, the Military Museum Cultural Center and the Cemal Reşit Rey Concert Hall); The Airport & Exhibition District (150,000 m2 (1.6 m sq ft) of exhibition space around the CNR International Expo Center); and the Business & Financial District (with many distributed centers). These cluster areas feature a combination of accommodations, meeting facilities, and exhibition space. They can be used individually, or collectively through transportation with the Istanbul metro, and are linked together for accommodating events with 10,000 or more participants.

Istanbul industrial center of Turkey - Istanbul Industri

Istanbul is the "industrial center" of Turkey. It employs approximately 20% of Turkey's industrial labor and contributes 38% of Turkey's industrial workspace. In addition, the city generates 55% of Turkey's trade and 45% of the country's wholesale trade, and generates 21.2% of Turkey's gross national product. Istanbul contributes 40% of all taxes collected in Turkey and produces 27.5% of Turkey's national product.

Many of Turkey's major manufacturing plants are located in the city. Istanbul and its surrounding province produce cotton, fruit, olive oil, silk, and tobacco. Food processing, textile production, oil products, rubber, metal ware, leather, chemicals, electronics, glass, machinery, paper and paper products, and alcoholic drinks are among the city's major industrial products. The city also has plants that assemble automobiles and trucks.

Pharmaceutical industry started in 1952 with the establishment of "Eczacıbaşı Pharmaceuticals Factory" in Levent, Istanbul.[8] Today, 134 companies operate in the Turkish pharmaceutical industry, a significant part of which is based within or near Istanbul.

Istanbul Financial Sector Information - Istanbul Finance

Istanbul has always been the "financial capital" of Turkey, even after Ankara became the new political capital in 1923. The opening of specific markets in the city during the 1980s further strengthened this status. Inaugurated at the beginning of 1986, the Istanbul Stock Exchange (ISE) is the sole securities market of Turkey, established to provide trading in equities, right coupons, Government bonds, Treasury bills, revenue sharing certificates, bonds issued by the Privatization Administration and corporate bonds, and to carry out overnight transactions.

Maslak financial districtIn 1993 the ISE decided on gold market liberalization, and in 1995 the Istanbul Gold Exchange was established, which ended the gold bullion imports monopoly of the Turkish Central Bank and transferred it to the private sector members of the gold exchange.

Levent and Maslak financial districts are home to the headquarters of Turkey's largest companies and banks, as well as the local headquarters of global giants of the financial sector such as Citibank, Merrill Lynch, J. P. Morgan, HSBC, ABN Amro, Fortis, ING Bank, BNP Paribas, Société Générale, Banca di Roma, UniCredit, WestLB, Deutsche Bank, Commerzbank, and many others. Both Levent and Maslak have a constantly growing and changing dynamic skyline with several new skyscraper projects being proposed, approved and initiated every year.

Economy of Istanbul - Istanbul Finance Centre - About istanbul economy

Economy of Istanbul covers the issues related to the economy of the city of Istanbul, Turkey.

Bosphorus BridgeHistorically, Istanbul has been the center of the country's economic life because of its location as an international junction of land and sea trade routes. In 2005 the City of Istanbul had a GDP of $133 billion.[1]

In 2005 companies based in Istanbul made exports worth $41,397,000,000 and imports worth $69,883,000,000; which corresponded to 56.6% and 60.2% of Turkey's exports and imports, respectively, in that year.[2] In 2006 Turkey's exports grew a further +16.1% while imports grew +17.6% because of a rising demand of energy resources and raw materials by the industrial manufacturers in the country.[3] According to Forbes magazine, Istanbul had a total of 35 billionaires as of March 2008 (up from 25 in 2007), ranking 4th in the world behind Moscow (74 billionaires), New York City (71 billionaires) and London (36 billionaires), while ranking above Hong Kong (30 billionaires), Los Angeles (24 billionaires), Mumbai (20 billionaires), San Francisco (19 billionaires), Dallas (15 billionaires) and Tokyo (15 billionaires).[4]


View of the city from Gülhane Park near Topkapı PalaceIncome distribution is not fairly balanced in Istanbul, such that 20% of the highest income group uses 64% of the resources and 20% of the lowest income group uses 4% of the resources (based on 1994 statistics).[5] The change in Istanbul's living standards is a direct reflection of the nation's statistics as the 27.5% share of the total consumption in Turkey is performed by the population of Istanbul.

In the late 1990s, the economy of Turkey, and Istanbul in particular, suffered several major depressions. The Asian financial crisis between July 1997 and the beginning of 1998, as well as the crisis in Russia between August 1998 and the middle of 1999 had negative effects in all areas of the economy, particularly on exports. Following this setback, a slow reorganization of the economy of Istanbul was observed in 1999.

The major earthquake which was epicentered in nearby Kocaeli on August 17, 1999, triggered one of the largest economic shocks for the city. Apart from the capital and human losses caused by the disaster, a decrease in GDP of approximately two percent occurred. Despite these downturns, Istanbul's economy has strongly improved and recovered in the recent years.

Istanbul to host 2009 IMF and World Bank meetings

Istanbul will host the annual meetings of the International Monetary Fund and the World Bank in 2009, returning the meetings to Europe for the first time in six years. ‘‘It’s one of the most economically successful countries in the Muslim world which I think makes it potentially important as an example,’’ World Bank President Paul Wolfowitz said in an interview on Thursday. ‘‘It has the prospect of being one of the biggest countries in the EU, which makes it important.’’ The decision was made by the board members of the bank and the IMF, Wolfowitz said.

The meetings will come as Turkey attempts to join the European Union. Beginning talks in October, Turkey faces more public opposition in Europe than other aspiring members because of its size, poverty and history. Turkey’s population of 72 million is larger than that of any EU nation except Germany. Its per-capita wealth is a third of the bloc’s level. In addition, Turkey would be the EU’s first mainly Muslim member.

Istanbul Resistance to IMF and World Bank Begins - Istanbul Meetings 2009

In the evening of 5 August, people who had followed the invitation of the Direnistanbul platform gathered in Taksim Square to protest against the International Monetary Fund (IMF) and the World Bank.

On 6 and 7 October, the two institutions will convene in Istanbul for their annual meeting. The Direnistanbul organisation has declared the week of 1-8 October a week of protests.

At yesterday's gathering, around 100 people told the IMF and Worldbank, "Don't Come!"

They asked others who oppose the institutions to join their protests.

The Bandista group supported the demonstration with music.

The demonstrators marched from Taksim Square to Galatasaray Highschool, shouting slogans such as "Capitalism kills in war and peace" and "Millions are hungry, occupied, long live global uprising".

World Bank - IMF annual meetings to take place in İstanbul - Turkey...

Annual meetings of the World Bank and the International Monetary Fund (IMF) will take place in İstanbul in October 6-7,2009.

13,000 international participants including finance ministers and central bank governors of 185 countries are attending the annual meeting in İstanbul.

Kristalina Georgieva, the vice president and corporate secretary of the World Bank, currently in İstanbul to attend preparations for the meeting, told reporters that hundreds of seminars and sessions would be organized at the meetings.

IMF-Dünya Bankası yıllık toplantısı İstanbul - Toplantı Gündemi...

İstanbul’daki toplantıda, “küresel krizden çıkma”, “mali sistemin geleceği” ve “ IMF Yönetişim Reformları” ana konular olarak ele alınacak. IMF, Türk yetkililerin, böylesine tarihi bir toplantıya hazırlık aşamasında, yoğun bir gayret içinde olduğunu belirterek, toplantı çerçevesinde, “küresel kriz, krizin etkileri ve krize karşı önlemler”, “Yükselen Avrupa ve Orta Asya” “kriz erken ikaz sistemi”, “kriz önlemeye yönelik en iyi politikalar” gibi konular da seminerlerde ele alınacak. 30 Eylül’de İstanbul’da yıllık toplantılara ilişkin basın bilgilendirme toplantısı düzenlenecek.

1 Ekim tarihinde, Dünyanın Ekonomik Görünümü raporu açıklanacak. 2 Ekim tarihinde, Dünya bankası Başkanı Robeört Zoellick ve IMF Başkanı Dominique Strauss-Khan ortak basın toplantısı düzenleyecek. 3-4 Ekim tarihlerinde seminerler gerçekleştirilecek. 4 Ekim tarihinde Uluslararası Para ve Mali Komite toplantısında, küresel mali krizin gelişmekte olan ülkelere etkisi ele alınacak. 5 Ekim’de Kalkınma Komitesi toplantısı gerçekleştirilecek. 6 Ekim tarihinde, üst düzey geniş katılımlı Genel Kurul toplantısı yapılacak.

Yıllık toplantı, 7 Ekim tarihinde yapılacak olan kapanış oturumu ile sona erecek.
186 ülkenin en üst düzeyde yetkililerinin katılacağı İstanbul’daki toplantıda, küresel ekonominin son durumu ve durgunluktan çıkma konusunda alınan ve alınabilecek kararların ele alınacağı ifade edilirken, dünya ekonomisinin, son 60 yılın en kötü durgunluğundan çok yavaş ta olsa çıkmaya başladığı ve toparlanmanın da çok yavaş olmasının beklendiği belirtildi. Üye ülkeler, IMF’ye 750 milyar dolarlık kaynak taahhüdünde bulunurken, Fon, krizin başladığı tarihten şimdiye kadar 157 milyar dolar kredi kullandırdı.

Yıllık toplantıya, uluslararası kamu kuruluşları, özel sektör ve akademisyenler ile sivil toplum kuruluşlarının üst düzey temsilcileri katılacak.

İki yıl ardı ardına Washington’da yapılan IMF-Dünya Bankası yıllık toplantıları, üçüncü yılda ise bir üye ülkenin ev sahipliğinde gerçekleştiriliyor.

IMF-Dünya Bankası yıllık toplantısı Ekim’de İstanbul’da Yapılacak...

Uluslararası Para Fonu (IMF) ile Dünya Bankası 2009 yıllık toplantısı 6-7 Ekim tarihlerinde, Türkiye’nin ev sahipliğinde İstanbul’da yapılacak.

Türkiye sonbaharda, son 60 yılın en büyük küresel ekonomik krizinin ortasında, dünyanın en önemli ekonomik toplantılarından birine ev sahipliği yapacak.
1930 dünya ekonomik buhranından buyana ki en büyük krizin devam ettiği ve bu krizden çıkma arayışlarının bulunduğu böylesine tarihi bir dönemde İstanbul’da IMF-Dünya Bankası yıllık toplantılarının gerçekleştirileceğine dikkat çekiliyor.
Edinilen bilgiye göre, İstanbul’da yapılacak toplantıda IMF ve Dünya Bankasının küresel ekonomik önemi ile küresel konular görüşülecek ve bu nedenle, tüm dünyanın ilgi odağı İstanbul olacak.

28 Eylüldeki hazırlık toplantılarıyla başlayacak olan yıllık toplantıya dünya genelinde yaklaşık 15 bin kişinin katılacağı, IMF ve Dünya Bankası yetkililerinin, resmi yetkililerin yanı sıra toplantılar öncesinde ve esnasında sivil toplum kuruluşları ile özel sektör temsilcileriyle de önemli toplantılar yapacağı belirtiliyor.

Türkiye’nin, 1955 yılından sonra, ikinci olarak yıllık toplantılara ev sahipliği yapacağı yıllık toplantı öncesinde, Küresel Ekonomik Görünüm, Küresel Mali İstikrar Raporunun açıklanacağı kaydedildi.
6-7 Ekim tarihlerindeki genel kurul toplantılarında ise küresel kriz, IMF-Dünya Bankasının çalışmaları grup 24, Mali ve Kalkınma Komitesi toplantılarının gerçekleştirilecek ve bazı seminerler düzenlenecek.