Research Article

SWOT Analysis of Istanbul Finance Center and Comparison with World Finance Centers

Volume: 10 Number: 2 June 30, 2023
EN TR

SWOT Analysis of Istanbul Finance Center and Comparison with World Finance Centers

Abstract

Istanbul Financial Center (IFC)’s banks stage was opened in 2023. The purpose of IFC is to increase financial competitiveness internationally, to contribute to the development and deepening of financial markets and products and services, to strengthen integration into international financial and capital markets, thereby making IFC one of the leading global financial centers. London, New York, Singapore and Hong Kong, which rank first in the world financial centers ranking, make the best use of all financial instruments. This contributes significantly to the city and country economies in which they are located. IFC with these world financial centers; the global economic city index, the global financial center index and the global power differ in some respects while similarizing in some ways according to the city index. In this study, the comparison of IFC with SWOT Analysis and World Financial Centers has been examined within the framework of current literature review and statistical data. Some of the main findings obtained are the strength of IFC is its strategic location, qualified labor is weaknesses, tax benefit opportunity and country risk are the threat.

Keywords

References

  1. Akova, İ. (2019). ‘ ’ Turkey's energy problem and preferences ’ ’ 1 Istanbul University, Faculty of Letters, Department of Geography, Istanbul, Turkey.
  2. Benzaghta, M. A., Elwayda, A., Mouse, M., I., & Rahman, M. (2021). SWOT analysis applications: An integrative literature review. Journal of Global B, Business Insight, 6(1), 55-73.
  3. BLOOMBERG, Micheeal R., Mayor of New York, Interview with Özlem Dalga,16.06.2014, http://www.bloomberght.com/ht-yazarlar/ozlem-dalga/1577605-londra-yada-new-york-degil-rakipleriniz-bu-bolgede, (Date Accessed: 13.11.2014).
  4. Elmas, B., Türkan, Y., & Yakut, E., (2013). On the Way to Become an International Financial Center, Istanbul, Bingöl University Journal of Social Sciences Institute.
  5. Eğilmez, M. (2021). https://www.mahfiegilmez.com/2021/07/veriler-kotuyse-piyasa-nasl-boyle-canl.html (Date Accessed: 12.05.2023).
  6. Eğilmez, M. (2022). https://www.mahfiegilmez.com/2022/02/turkiyenin-risk-derecesinde-son-durum.html (Date Accessed:12.05.2023).
  7. Gündoğdu, A. & Dizman, A. S., (2013). Evaluation of Istanbul Finance Center Project with SWOT Analysis and Comparison with World Financial Centers, Journal of Economic Sciences.
  8. Global Power City Index, (2022).https://mori-m-foundation.or.jp/pdf/GPCI2022_summary.pdf (Date Accessed:13.05.2023)

Details

Primary Language

English

Subjects

Business Administration

Journal Section

Research Article

Publication Date

June 30, 2023

Submission Date

May 23, 2023

Acceptance Date

June 21, 2023

Published in Issue

Year 2023 Volume: 10 Number: 2

APA
Tartan, S., & Tetik, N. (2023). SWOT Analysis of Istanbul Finance Center and Comparison with World Finance Centers. Pamukkale Üniversitesi İşletme Araştırmaları Dergisi, 10(2), 576-591. https://doi.org/10.47097/piar.1300922
AMA
1.Tartan S, Tetik N. SWOT Analysis of Istanbul Finance Center and Comparison with World Finance Centers. Pamukkale Business Research. 2023;10(2):576-591. doi:10.47097/piar.1300922
Chicago
Tartan, Selim, and Nevzat Tetik. 2023. “SWOT Analysis of Istanbul Finance Center and Comparison With World Finance Centers”. Pamukkale Üniversitesi İşletme Araştırmaları Dergisi 10 (2): 576-91. https://doi.org/10.47097/piar.1300922.
EndNote
Tartan S, Tetik N (June 1, 2023) SWOT Analysis of Istanbul Finance Center and Comparison with World Finance Centers. Pamukkale Üniversitesi İşletme Araştırmaları Dergisi 10 2 576–591.
IEEE
[1]S. Tartan and N. Tetik, “SWOT Analysis of Istanbul Finance Center and Comparison with World Finance Centers”, Pamukkale Business Research, vol. 10, no. 2, pp. 576–591, June 2023, doi: 10.47097/piar.1300922.
ISNAD
Tartan, Selim - Tetik, Nevzat. “SWOT Analysis of Istanbul Finance Center and Comparison With World Finance Centers”. Pamukkale Üniversitesi İşletme Araştırmaları Dergisi 10/2 (June 1, 2023): 576-591. https://doi.org/10.47097/piar.1300922.
JAMA
1.Tartan S, Tetik N. SWOT Analysis of Istanbul Finance Center and Comparison with World Finance Centers. Pamukkale Business Research. 2023;10:576–591.
MLA
Tartan, Selim, and Nevzat Tetik. “SWOT Analysis of Istanbul Finance Center and Comparison With World Finance Centers”. Pamukkale Üniversitesi İşletme Araştırmaları Dergisi, vol. 10, no. 2, June 2023, pp. 576-91, doi:10.47097/piar.1300922.
Vancouver
1.Selim Tartan, Nevzat Tetik. SWOT Analysis of Istanbul Finance Center and Comparison with World Finance Centers. Pamukkale Business Research. 2023 Jun. 1;10(2):576-91. doi:10.47097/piar.1300922

The articles in this journal are licensed under a Creative Commons Attribution 4.0 (CC BY- 4.0) international license. https://creativecommons.org/licenses/by/4.0/

download?token=eyJhdXRoX3JvbGVzIjpbXSwiZW5kcG9pbnQiOiJqb3VybmFsIiwib3JpZ2luYWxuYW1lIjoiaW1hZ2UucG5nIiwicGF0aCI6Ijg2MDcvNTdlYi81MGIxLzZhMGRhMjNmNjlkZGQ2LjY4MjU5MzQyLnBuZyIsImV4cCI6MTc3OTI4MTk5OSwibm9uY2UiOiI1NTMyNTA1ZTBhNzQ1OGI1MGM4OGE2YWNlNzAzMzNiNyJ9.7VV3eaBIIEohCCfOQxkYYaeDKn295YIt5MfLMs_C72M