Turkey is an unsaturated market for non-profit organizations and grassroots activities. Since much development is needed in fighting poverty, empowering women, and preserving the environment, the small number of non-profit organizations is increasing incrementally. One of the international movements on the rise in Turkey is former US Vice President Al Gore's worldwide grassroots movement, The Climate Project (TCP). Mr. Gore founded TCP in order to raise public awareness of the climate change in June 2006. He structured the organization with a limited number of professional staff in Nashville, Tennessee and with thousands of volunteers around the world, who are committed advocates of fighting climate change and establishing a low carbon economy on a global level. Mr. Gore personally trains TCP volunteers with a version of the slide show featured in the Oscar winning movie 'An Inconvenient Truth.'
Business in Turkey
One of the top locations for international real estate investments, Turkey is referred among global realtors as 'the new Spain'. Just like Spain used to be 5-10 years ago, Turkey offers value property prices with a variety of choices on the Mediterranean coast, rural Anatolia or business districts in the big cities such as Istanbul, Ankara, Izmir and Antalya. The increase in the number of tourists visiting Turkey and foreign direct investments flowing in impact positively the quality standards in the real estate sector. The investment question comes down to: Where and what kind of property should one invest in? Villa in the South or flat in Istanbul? Office space or hotel in the business districts?
Although banks and insurance companies have been solid during the financial crisis unlike in Europe and the US, Turkey has been facing major challenges in business: Some businesses filed for bankruptcy, some others laid off employees, some industrial companies ceased production periodically. Both local and foreign businesses have been looking for ways to survive the crisis, mostly through short-term maneuvers. How is Turkey handling the financial crisis in terms of FDI? How attractive is the Turkish market compared to the Western economies?
Retail sector in Turkey is considered to be the most attractive market for foreign investments. Large population over 70 million, increase in purchasing power, changing consumer behavior in favor of Western style goods and trends are the main reasons why a foreign company should invest in the retail market in Turkey. Turkey's youth dominated population attracts foreign retailers to invest in the Turkish retail sector, which is mainly controlled by independent local firms.