Turkish cities hit the top 10 fastest-growing list

[Quasar]

Turkey’s three largest cities claim a spot on the fastest-growing metropolitan economies list prepared by the Brookings Institution. İzmir, Ankara and Istanbul took the fourth, sixth and seventh places respectively

Turkey’s three metropolises of İzmir, Ankara and Istanbul were among the fastest-growing metropolitan economies, according to a report released by the Brookings Institution.

Turkey’s western province of İzmir was ranked the fourth among the fastest-growing metropolitan economies, the report titled “Global MetroMonitor 2011: Volatility, Growth, and Recovery” said.

Ankara took sixth place, while Istanbul was ranked seventh. These three metropolises are also the largest among Turkey’s provinces.

The report served as “an analysis of per capita income and employment changes in the 2010 to 2011 period for 200 of the world’s largest metropolitan economies, which account for nearly one-half (48 percent) of global output but contain only 14 percent of world population and employment.”

The list was based on the Washington, D.C.-based Brookings Institution’s analysis of data from Oxford Economics, Moody’s Analytics and the U.S. Census Bureau. The institute is one of America’s oldest think tanks, which conducts research and education primarily in economics, metropolitan policy, foreign policy and global economy.

Shanghai’s economy fastest growing
Metropolitan areas in China, Turkey and Saudi Arabia dominated the list’s first 10 spots.

The top performer was Shanghai, China’s industry, finance, trade and technology center. With an economy the size of Finland’s, Shanghai has seen income grow 9.8 percent and employment expand at a 5.8 percent rate in 2010 to 2011, the report said. Hangzhou, Shenzhen and Shenyang are the other metropolises that made the top 10.

Emerging countries lead
Saudi Arabian metropolitan areas, namely Riyadh and Jeddah, ranked second and third on the list. Meanwhile, Greek capital Athens was the bottom performer due to continuing debt woes of the country, which is in the brink of default.

The report said, “90 percent of the fastest-growing metropolitan economies among the 200 largest worldwide were located outside North America and Western Europe. By contrast, 95 percent of the slowest-growing metro economies were in the United States, Western Europe and earthquake-damaged Japan.

“Metropolitan areas specializing in commodities and business and financial services within their countries exhibited the strongest performance,” the report said.

“In Shanghai, per capita income grew by nearly 10 percent in 2011. Ankara, Turkey, saw employment grow nearly 6 percent. Santiago, Chile, posted at least 5 percent growth in income and employment,” said Alain Berube, the co-author of the Global MetroMonitor, in an article for CNN.

ECONOMICS - Turkish cities hit the top 10 fastest-growing list

 

[Chinese-Dragon]

Awesome news.

 

[Quasar]

A new record in tourism: 31,456,076

Turkey has surpassed the 2011 tourism target to reach a record breaking 9.86 percent increase in numbers of visitors. Out of the 31.5 million tourists that came to Turkey, the highest number of visitors were from Germany. Istanbul alone drew in eight million tourists last year.
Turkey has broken yet another record while surpassing the 2011 target of 31million visitors, with a 9.86 percent increase in tourists for the January to December period in comparison to figures from the year prior.

As a result, Turkey hosted a record 31,456,076 visitors in 2011. Out of that figure, 2.11 million (6.92%) were day trippers. December alone showed a 2.47 percent increase, with 1,194,729 visitors. As for the order of nations who comprise Turkey's tourists, tradition was not broken. Germans made up the highest number of tourists hosted in Turkey this year accounting for five million.

ANTALYA TAKES THE TOP
According to figures released from the Ministry of Culture and Tourism, Germany came in first in terms of nationalities of tourists visiting Turkey with 4.83 million (15.34%), the Russian Federation follows in second with 3.47 million (11.03%), England came in third with 2.58 million (8.21%). Following England in subsequent order was Iran, Bulgaria, Holland, Georgia, France, Syria and the United States.
As for the locations in Turkey which saw the highest number of arrivals, Antalya came in first at 33.27 percent, followed by Istanbul in second place at 25.61 percent and Muğla in third at 9.78 percent.

Istanbul experienced a 25 percent increase in the number of tourists hosted in 2011, a figure which reached eight million tourists. The year prior, 6.9 million tourists visited Istanbul.

THE UNITED STATES MAKES TOP TEN

The number of countries to send over a million tourists to Turkey has gone up to eight. In 2011, the most significant increase in numbers of tourists sent from a particular country was Bangladesh with a 181.64 percent increase. Israel suffered the highest drop in numbers of tourists to visit Turkey with a decrease by 27.76 percent in 2011. Meanwhile, the United States replaced Italy last year in becoming one of the top ten nations whose tourists came to Turkey. In 2011, over 757,000 American tourists came to Turkey.

A hospital in southern Turkey performed the world's
first triple-limb transplant

A hospital in southern Turkey performed the world's first triple-limb transplant, attaching two arms and a leg to a34-year-old man, an official said. At the same time, a team of doctors at Akdeniz University Hospital, in the Mediterranean coastal city of Antalya, also transplanted the face of the same donor on to another patient – a man aged 19. It was Turkey's first face transplant.

Dr Israfil Kurtcephe, the university hospital's rector, told reporters: "Today, we have put our signature on a world first. For the first time a hospital has transplanted two arms and a leg on one patient."

Dr Omer Ozkan, who headed a 25-strong team, said both patients were in the intensive care unit and were "doing well". The full face transplant lasted some nine hours, while the limb transplants took 12 hours.

The state-run Anadolu news agency said Atilla Kavdir, the 34-year-old receiving the limbs, lost his arms and right leg when he was 11 after he hit power lines outside his home with an iron rod to scare away pigeons and received an electric shock. The teenage face-transplant recipient was burned in a house fire when he was a baby. The limbs and face became available early yesterday and the hospital began the operation at 3:15 am, Anadolu said.

The world's first double-arm transplant took place in Germany in 2008, while the first double-leg transplant was carried out in Spain in July 2011. More than a dozen face transplants have been carried out around the world, starting in November 2005 with a French woman who was mauled by her dog. The first face transplant in the United States took place in December 2008.

AP

Victoria's Secret launches store in Turkey

 

[Mosamania]

Saudi cities are the highest growing in the world. Woooot (After Shanghai).

 

[Andross]

Are they growing in population or is it wealth?

 

[Mosamania]

Are they growing in population or is it wealth?

Both. It is talking about it in General. The report measure Economy as well as Infrastructure and population. Saudi cities are up there with Shanghai that is something to be proud of xD.

 

[Andross]

Both. It is talking about it in General. The report measure Economy as well as Infrastructure and population. Saudi cities are up there with Shanghai that is something to be proud of xD.

self delete wrong article

 

[Quasar]

per capita income and employment changes

 

[Andross]

Brookings - Quality. Independence. Impact.


Good to know Mumbai is also listed

 

[Chinese-Dragon]

Both. It is talking about it in General. The report measure Economy as well as Infrastructure and population. Saudi cities are up there with Shanghai that is something to be proud of xD.

Oh yes, I think this report is good news for all of us here.

 

[Andross]

Metro Area R egion I ncome E mployment Metro Area R egion I ncome E mployment
1 Shanghai Developing Asia-Pacific 9.8 5.8 161 N ottingham-Derby Western Europe 0.7 0.0
2 R iyadh M iddle East and Africa 7.8 6.3 162 P hiladelphia N orth America 0.7 0.0
3 Jiddah M iddle East and Africa 7.0 5.5 163 Florence Western Europe 0.6 0.0
4 Izmir E astern Europe and Central Asia 5.5 5.6 164 R otterdam-Amsterdam Western Europe 1.0 -0.2
5 Hangzhou Developing Asia-Pacific 5.8 5.5 165 G lasgow Western Europe 0.7 0.0
6 Ankara E astern Europe and Central Asia 5.4 5.7 166 N ewcastle Western Europe 0.5 0.0
7 Istanbul E astern Europe and Central Asia 5.3 5.6 167 Bologna Western Europe 0.4 0.0
8 Shenzhen Developing Asia-Pacific 6.5 4.9 168 Fukuoka-Kitakyushu Developed Asia-Pacific -0.2 0.4
9 Santiago L atin America 5.7 4.9 169 Birmingham, UK Western Europe 0.6 -0.1
10 Shenyang Developing Asia-Pacific 11.6 1.7 170 R iverside N orth America 0.2 0.1
11 Wuhan Developing Asia-Pacific 9.8 2.5 171 M emphis N orth America 0.4 -0.1
12 Nanjing Developing Asia-Pacific 9.3 2.7 172 Des Moines N orth America -0.2 0.2
13 Mumbai Developing Asia-Pacific 6.2 4.3 173 C ardiff-Newport Western Europe 0.4 -0.1
14 Tianjin Developing Asia-Pacific 8.4 2.2 174 Denver N orth America -0.9 0.5
15 Foshan Developing Asia-Pacific 6.7 3.0 175 Birmingham, US N orth America 0.3 -0.1
16 Buenos Aires L atin America 7.3 2.5 176 Nagoya Developed Asia-Pacific -0.8 0.4
17 Jakarta Developing Asia-Pacific 5.5 3.0 177 L iverpool Western Europe 0.2 -0.1
18 Casablanca M iddle East and Africa 3.3 3.8 178 S apporo Developed Asia-Pacific -0.1 0.0
19 Houston N orth America 5.5 2.5 179 L as Vegas N orth America -0.3 0.1
20 Kuala Lumpur Developing Asia-Pacific 1.0 4.9 180 Kyoto Developed Asia-Pacific -0.4 0.1
21 Guangzhou Developing Asia-Pacific 5.5 2.5

---------- Post added at 10:03 PM ---------- Previous post was at 10:02 PM ----------

http://www.brookings.edu/~/media/Files/rc/reports/2012/0118_global_metro_monitor/0118_global_metro_monitor.pdf


Here is the full PDF but im suprised i dont see Delhi i dont think they did survey cities like Bangalore and Delhi

---------- Post added at 10:04 PM ---------- Previous post was at 10:03 PM ----------

Developing Asian metro areas ranked among the top performers. All 12 Chinese metro areas among the world’s
200 largest ranked in the top quintile for 2010-2011 performance, from Shanghai at number one to Chongqing at
number 35. Mumbai, Jakarta, Kuala Lumpur, and Bangkok also ranked among the 40 strongest metro economies
last year. Eight of 12 Latin American metro areas populated the top ranks, headed by Santiago at number 9
(see sidebar). And three Turkish metro areas (Izmir, Ankara, and Istanbul) cracked the top 10, headlining strong
performance in that national economy, and among Eastern European and Central Asian metro economies more
generally.


Only four metro areas in North America and Western Europe—Houston, Dallas, Stuttgart, and Stockholm—
managed to rank among the 40 strongest economies in 2010-2011. These developed metro economies exhibited a
healthy diversity that buoyed their recent performance relative to regional peers, including expansion in high value
commodities, manufacturing, and business and financial services sectors.

 

[Alienoz_TR]

Having fast growing cities is not what we need IMO. While villages are becoming deserted, cities become densely populated.

A citizen living in village is always cheaper for economy to sustain than a citizen in the city. And former is more productive than the latter. A typical City dweller is either banker or taxi driver, both of them are no use.

 

[Donatello]

How about that European Union?

Turkey can spit in their face and their so called BS struggling economies.


Way to go Turkey!

 

[Quasar]

Swedish media says Turkey interested in acquiring Saab

Even though Saab Automobile is bankrupt, Turkish equity firm Brightwell Holdings plans on placing a bid to buy the Swedish car company. Chinese group Zhejiang Youngman is also still showing interest.

Brightwell board member Zamier Ahmed says the company is in talks with the administrators in charge of Saab’s bankruptcy, recently telling Automotive News: ”We will make a bid very shortly, there’s no question”.

The equity firm is normally associated with investments in energy, technology and other transport. Ahmed said it plans to buy all of Saab while keeping production and facilities in Sweden.

However, according to a Reuters report, Chinese automobile manufacturer Zhejiang Youngman still has interest in buying Saab.

Halfway through 2011, it was reported that Youngman planned to invest in Saab and gain 29.9 per cent of the company. General Motors didn’t like the idea though, as it would have given Youngman access to the technologies GM had developed and licenced for Saab. The deal collapsed late last year.

Brightwell will assess Saab’s assets and inventories over the next two weeks before coming up with an offer. Youngman, on the other hand, could pitch an offer as early as next week, according to the report.


Turkish equity firm could buy Saab: report | Car Advice

 

[NeutralCitizen]

Well done however the Eastern half of Turkey needs more development including the Kurdish area's it's the only way to Stop the PKK.