All major international banks and organizations have been transferring regional operations to Istanbul and UK government representatives in March 2013 started providing help for the Turkish government’s aspirations to make Istanbul an International Financial Center.
The Turkish financial pie will get even bigger with the contribution of international fund managers and Istanbul's share of global finance will grow substantially.
In the Global Financial Centers Index prepared by the Z/Yen Group, Istanbul is is currently ranked 57th .
As part of the peace efforts that has been emphasized in 2012, now the Turkish government is expected to boost the rights of Kurds through reforms, including a more democratic new constitution that is likely to underscore equal rights for Kurds and could increase the power of local authorities.
This will have a huge impact on fighting unemployment and increasing productivity of Turkish society.
Turkey is a pivotal state at the bridge between Europe, Asia, Middle East and Africa with the 17th largest economy in the world.
In a survey that has been conducted in fourth quarter of 2012 among 200 Association of Foreign Investmenst in Real Estate members, the biggest change internationally was the emergence of Turkey.
