İstanbul'dan

Taha Toros Arşivi, Dosya Adı: İstanbul Genel Dokümanlarıİstanbul Kalkınma Ajansı (TR10/14/YEN/0033) İstanbul Development Agency (TR10/14/YEN/0033

A SPATIAL MODEL OF CHANGE OF FDI FIRM POPULATION IN ISTANBUL

Within the context of the foreign capital- orientation programme having been implemented since 1980, the regulation concerning the foreign investments in Turkey were freed and this has paved the way for important developments in terms of the entrance of foreign capital into the country and foreign investments. As a result of this, there was a dramatic increase in number of foreign investment firms in Turkey and, especially, Istanbul. The increase in foreign investments had major impacts on the spatial transformation of Istanbul Metropolitan Area. In this paper, change in FDI firm population in Istanbul has been viewed between 1990- 2004. An explanatory model has been applied to determine causes factors affecting change at the district level. Foreign firms were generally in parallel with the development of CBD ( the central business district) of Istanbul and Foreign Capital firms in Istanbul appear to demonstrate a trend towards accumulating in CBD.

Modeling Comovement among Emerging Stock Markets: The Case of Budapest and Istanbul

A double world index model is proposed as an ideal way of characterizing the comovement among emerging stock markets, and applied to Budapest-Istanbul as an interesting case. An exclusive increase in the correlation between Budapest and Istanbul during the recent crisis period is documented. To decompose this correlation into information dynamics, a structural vector autoregression (SVAR) model is employed which controls for global indices that enter the system exogenously. Istanbul and Budapest contain incremental information for each other after controlling for global factors, in particular during and after the recent global crisis. Impulse response results suggest significant lagged responses, which imply predictability. Istanbul appears to respond to global information faster.comovement of stock markets; European emerging markets; structural VAR; world index model

Attorney Fee Shifting: A Bibliography

Marmara Sea and Black Sea connected with renowned Bosporus surround Istanbul, the city, which owns the privilege of bridging Europe and Asia. Besides such inland seas; forests and wetlands fragmented around and in the city maintain the natural cycle in the region. However, Istanbul as a fast developing urban area witnesses environmental issues like many other urban areas in global scale. Rapid economic and population growth of the city increase the pressure on above mentioned natural resources. Sustainable development of built environment is one of the best solutions in order to mitigate environmental damages of urban areas. The solution comes with green construction projects and systems yet the city and the market itself have barriers to block or slow the process of sustainable development. Identification of such barriers and reviewing international sustainable development practices paves the way for generating recommendations for environmentally friendly urban expansion in Istanbul. Survey targeting market professionals was conducted to identify sustainable development barriers in Istanbul and in order to address such barriers the thesis refers to conducted interviews and international practices presented in the literature review. The thesis draws economic, market and governmental recommendations which are particularly focused on financial incentives, raising awareness and enacting green laws involving all stakeholders of construction and real estate market

Modelling the Intra-Metropolitan Location of Foreign Investment Firms in Istanbul

In the context of economic globalization, there has been considerable academic interest on the understanding of location behavior of FDI firms. Generally while studies on FDI firm location focus mainly at the national and regional levels, those of the intra-urban level are limited, especially for developing countries. This article investigates how FDI firms are distributed at the intra-urban level and how intra-urban FDI firms location can explain using Istanbul as a case study. The study is based on a sample of 100 companies that were surveyed in in Istanbul in 2003. Locational determinants of foreign investment firms in Istanbul have been analyzed by using factor analyzing and logit regression model. Keywords: Foreign direct investment, Istanbul, determinants, zones

Istanbul Office Market: Determining tenants satisfaction with their office and environmental quality

Prof. Dr. Lale BERKÃâZ ITU, Faculty of Architecture Department of Urban and Regional Planning Taksim, Taşkışla, 34437, İstanbul e-mail: [email protected] e-mail: [email protected] Merve SAKAR Business Development Assistant Specialist Yapı Kredi Koray GYO A.Ş. Şişli, Elit Residence, No: 17, K: 17, D: 42, 34360, İstanbul e-mail: [email protected] e-mail: [email protected] Abstract The effects of the social and spatial transformation caused by globalization can also be seen within the Istanbul metropolitan area. The growth of the service sector in Istanbul since the 1980s may be attributed to the expansion of foreign multinational corporations, transnational banks, growth in international relations, extension of foreign trade and enlargement of business size. Within this process, a need for qualified and user friendly office areas came into existence. This study will investigate the satisfaction and expectations of office tenants in Istanbul office market. The data collected in this study were obtained through a survey of 330 office tenants in Istanbul. The survey was conducted by internet interviews during April 2010 (Sakar, 2010). The results of collected data were compared with the study, What Office Tenants Want, that prepared by ULI/BOMA in 1999. The results of this research have particular policy and planning implications for Istanbul and may stimulate the creation of real estate development in developing user-satisfying and well-equipped office buildings for the city center that respond to the desires and needs of FİRE firms with respect to location and mechanical infrastructure necessitated by the new telecommunications systems.