ISTANBUL’S CURRENT STATUS AND POTENTIAL FOR BECOMING AN INTERNATIONAL FINANCIAL CENTRE

Yıl 2012, Cilt: 4 Sayı: 2, 117 - 126, 01.12.2012

Hasmet Sarigul

Öz

The Turkish government has been pursuing a goal to turn Istanbul into a regional
centre for finance and then, an international one. However, creating an
international financial centre where international demand and supply of funds
meet is not an easy process. In this context, we aimed to examine the current
status and the potential of Istanbul to become an international financial centre. In
order to reach the aim of the study, firstly, the characteristics of an international
financial centre have been explained and a brief overview of the Turkish
government’s official plans of development of the international financial centre
have been given. Then, the strengths, weaknesses, opportunities and threats of
Istanbul have been analyzed. Finally, we have made assessments and put forward
some suggestions.

Anahtar Kelimeler

Istanbul, SWOT analysis, international financial center

Kaynakça

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