Independent and cutting-edge analysis on Turkey and its neighborhood

This paper looks at the significance of Istanbul as host of the October Governors’ meeting of the World Bank Group. This meeting in part reflects Istanbul’s growing importance as a global financial node but also suggests a shifting balance of power towards emerging markets. Istanbul will be an occasion to consider the interdependence of global finance much in the way that December’s summit on climate change in Copenhagen will consider the issue of shared responsibility for environmental concerns. The message of the Istanbul meeting should be that is in their own interests for the more developed world to listen to those nations least capable of coping with the aftermath of recession.

 

CONTRIBUTOR
Suzan Sabancı Dincer
Suzan Sabancı Dincer
From the Desk of the Editor Over the last couple of years, Turkey has weathered multiples storms in close succession: two general elections that took place in a polarized political climate, an escalation of the Turkey-PKK conflict, a crisis with Russia, the 2016 failed coup attempt followed by state of emergency measures, and the continued threat of terrorist attacks. The aftermath of the constitutional referendum in April...
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