350 likes | 492 Views
YASED BAROMETER MARCH 2008. 18 March 2008 Istanbul. International Investors Association. 2007 last 6 months realizations. 58%. 49%. 46%. 45%. 39%. 31%. 15%. 11%. 6%. - + 6 Months number of employees. 59%. 61%. 28%. 29%. 13%. 10%. Do you think that in the coming months;.
E N D
YASED BAROMETER MARCH 2008 18 March 2008 Istanbul International Investors Association
2007 last 6 months realizations 58% 49% 46% 45% 39% 31% 15% 11% 6%
- + 6 Months number of employees 59% 61% 28% 29% 13% 10%
Do you think that in the coming months; • World Economy Economic Growth in Turkey 70% 66% 26% 24% 10% 4% 0%
Do you think that in the coming months; Interest rates Inflation 42% 46% 38% 34% 20% 20%
Do you think that in the coming months; Exchange rates Current Account Deficit in Turkey 70% 42% 39% 18% 24% 6%
In the last 6 months Worse SameBetter Economic stability36 % 52 % 12 % Legal framework and enforcement of laws 19 %74 % 7 % Intellectual property rights7 %85 % 7% Financial environment51 %41 % 7% Fairness in competition 21 % 71 % 9% Taxes and Incentives13%74 % 13 % Unregistered economy 31%65 % 4% Bureaucratic red tape 19%72 % 9 %
In the next 6 months WorseSameBetter Economic stability 61 %31 % 7 % Legal framework and enforcement of laws 13 % 69 % 18% Intellectual property rights 6%88 % 6 % Financial environment 56%35 % 9% Fairness in competition 20 %74 % 6 % Taxes and Incentives 14%72 % 14% Unregistered economy 20 %72 % 8% Bureaucratic red tape 14 %74 % 12%
Economic Stability 61% 52% 36% 31% 12% 7%
Legal framework and enforcement of laws 74% 69% 19% 18% 13% 7%
Intellectual property rights 88% 85% 6% 6% 7% 7%
Financial Environment 56% 51% 41% 35% 9% 7%
Fairness in competition 74% 71% 20% 21% 9% 6%
Taxes and Incentives 74% 72% 14% 14% 13% 13%
Unregistered economy 72% 65% 31% 20% 8% 4%
Bureaucratic red tape 74% 72% 19% 12% 14% 9%
Worldwide Economic Environment for FDI 17 % 22 % 61 %
Economic Environment for FDI in Turkey 41% 34% 25%
Do you plan any new investments in the coming term? 23% 53% 24%
Developments that might affect FDI adversely A new fluctuation to be experienced İn international markets24% A global stagnation that might surface due to the mortgage/sub-prime crise 20% Local political crisis 19% Restraints to be experienced İn talks with the EU 16% Increase in energy prices 13% Climbing tension in the region neighboring Turkey 9%
Do you consider / observe that adverse views against FDI are recently on the rise in Turkey? 9% 42% 49%
Do you think that the recent legal amendments are constructive? 47% 39% 14%
Most significant legal amendments awaiting in 2008 • Amendments to be made on the laws and regulations • governing the Energy Sector • Income Tax Law • Amendments to be made on the Social Security System • Turkish Commercial Code • Law on incentives for R&D investments • Law on amendments to be made on the Customs Law • Amendments to be made on the laws and regulations governing • the Telecommunication Sector • Perakendecilik Sektörü ve Büyük Mağazalara İlişkin Kanun
Three main obstacles to FDI in Turkey 20% 61% 24% 37% 59% 42% 51%
The government should prioritize in the term ahead; 20% 22% 83% 24% 27% 61% 53%
Economic Indicators 2008 4,6% GNP growth 39% 37% 13% 7% 2% 2%
Economic Indicators 2008 7,5% Consumer price index 26% 26% 21% 16% 10%
Economic Indicators 2008 6,9% Wholesale price index 27% 26% 25% 15% 5% 2%
Economic Indicators 2008 1,32 Level of TL/US $ exchange rate 38% 35% 22% 5%
Economic Indicators 2008 1,85 Level of TL/Euro exchange rate 51% 21% 14% 11% 3%
Economic Indicators 2008 15% Interest rates (by the end of the year) 21% 21% 20% 20% 17%
Labor Productivity Level Evaluations 57% 34% 9% The countries where labor productivity is high according to the firms who answered the question as “Low”; TextileChina, Vietnam PharmeceuticalsIreland HizmetUSA, Germany, France, UK
Do you think that there is a trained workforce problem in your sector? 51% 48% 1% Yes: Industry, FMCG, Technology, Textile, Automotive, Chemistry Energy, Telecommunications, Petrol No: Pharmaceuticals, Food, Financial Services, Technology
Thank you.. 18 March 2008 Istanbul International Investors Association www.yased.org.tr