Turkey's Climb Versus Egypt's Decline
My experiences in Cairo, Egypt and Istanbul, Turkey are best described by the opinions of those who are the future of both countries. According to the U.S. Embassy official who spoke with us, Egyptians between the age of 18 and 30 feel they have no hope for the future. Even though there is an election, the same person will win. In most cases, these Egyptian young people have known no other President. In contrast, young people in the United States of the same age have known 5 different Presidents.
In Turkey, a European country with the youngest median age, there is definitely an atmosphere of hope for the future. As we visited various restaurants and coffee shops near Taksim Square, interacted with workers at the Ali Raif Pharmaceutical Plant and talked with the administrator of a local school, they are extremely proud of their country, past and future. Being a democratic republic, many voices are able to share their opinions and put forth referendums for all the people of Turkey to consider much like we find in the United States. I look forward to monitoring the results of the Turkish referendum and the role of the Turkish Supreme Court might play in the future of the country.
My biggest take away from my international trip is how different these countries turned out to be as compared to my preconceived opinions. My observation of Egypt is a country that is as idle as the construction cranes that dot the skyline. The partially constructed buildings represent a country with no defined future. Conversely, my observation of Turkey is a country on the move as symbolized by the active cranes and the apparent rapid construction of buildings throughout the city of Istanbul. Completed construction represents potential for economic growth and prosperity for the people of Turkey. I look forward to monitoring the progress of both countries and the future application of U.S. governmental aid.
Lowell is an experienced executive, entrepreneur, and educator specializing in entrepreneurship, strategy, and leadership. His almost 30 years of leading organizations, launching and advising start-ups, and educating future leaders has given him unique perspectives on the future of business and non-profits. Through this blog, Lowell wishes to engage entrepreneurs, corporate executives, philanthropists, and anyone wishing to learn how to unlock and maximize the potential of any organization.
Showing posts with label Turkey. Show all posts
Showing posts with label Turkey. Show all posts
Saturday, November 20, 2010
Sunday, September 26, 2010
Turkey - A Country Focused on the Future
Turkey – A Country Focused on the Future
In 2008, the amount of U.S. financial aid received by Turkey was actually negative meaning that more money was sent back to the United States in the form of principal repayments, returned grants and currency conversion than was received during that year. The percentage of financial aid being used for weaponry has been on a steady decline since 1999. The history of financial aid from the United States dates back to 1947 with the implementation of the Truman Doctrine after World War II.
With Turkey being a democratic republic with an elected form of government, the recipient of substantial financial aid from the United States for over 60 years and having hosted a recent visit from President Obama, similar to Cairo I had anticipated Istanbul to be a vibrant modern city to rival those in other Middle Eastern countries. I did not even consider Istanbul being similar to any European city. As we drove into the city from the airport, I did notice a lot of construction cranes and building sites in progress. Was Istanbul really the city I imagined or would I be disappointed again as I was in Cairo?
My first impression of Turkey and the Turkish people can be summarized as industrious. The airport was well organized and the lines through passport control were quick and efficient. I intentionally used the restroom in the airport to compare the experience to that of Cairo. There was an attendant present who kept the restroom clean and well stocked with tissue but did not ask for a tip or gratuity. The staff assisting us in baggage claim never once asked for a tip or gratuity while they loaded everyone’s luggage up on carts and escorted us out to the buses. The contrast encountered between Cairo and Istanbul would continue in every aspect of our visit.
My first meal in Istanbul would be at a little local restaurant just off of Taksim Square in the “New City” of Istanbul. Similar to Egypt, the dining experience was al fresco. In contrast to Egypt and the area around the Cairo Marriott hotel, I felt completely at ease in walking the area around The Point Hotel, Taksim Square and the pedestrian walk just off of the square. The atmosphere seemed more alive and vibrant. The menu featured traditional “Kebap”. I felt far braver in trying something new in Istanbul than in Cairo and was rewarded with a wonderful meal with no gastro-intestinal “impact”. Was Turkey really the country I had been briefed about or would I again be disappointed as I was in Egypt?
Our first exposure to doing business in Turkey was from a presentation by the Turkish Foreign Economic Relations Board (DEiK) at the Türkiye Odalar ve Borsalar Birliği. The message was clear. Turkey is “open for business”. Turkey’s economy is growing as evidenced by positive GDP growth even in the current world recession. The median age in Turkey is 28, the youngest population in Europe. There is evidence of a growing middle class in Turkey, crucial to a growing, sustainable economy. In contrast to Cairo where the roof tops were littered with debris, the roof tops in Istanbul were covered in satellite antennas.
The role of women in Turkey could not be in more contrast to that of Egypt. As we visited various businesses in Istanbul, we found women playing vital roles in leadership and decision making. At the Ali Raif Pharmaceutical Plant, the Director of Quality Control is a woman. In fact, 60% of the employees at the pharmaceutical office we visited were women. Is this an anomaly or a general trend in Turkey? In our visit to Coke, the Director of Marketing and the product marketing manager are both women. It is apparent that Turkey, at least in Istanbul, is aggressively making significant employment opportunities available to women. This strategy insures that all of Turkey’s population has a role to play in the continued economic growth encouraging direct foreign investment.
In 2008, the amount of U.S. financial aid received by Turkey was actually negative meaning that more money was sent back to the United States in the form of principal repayments, returned grants and currency conversion than was received during that year. The percentage of financial aid being used for weaponry has been on a steady decline since 1999. The history of financial aid from the United States dates back to 1947 with the implementation of the Truman Doctrine after World War II.
With Turkey being a democratic republic with an elected form of government, the recipient of substantial financial aid from the United States for over 60 years and having hosted a recent visit from President Obama, similar to Cairo I had anticipated Istanbul to be a vibrant modern city to rival those in other Middle Eastern countries. I did not even consider Istanbul being similar to any European city. As we drove into the city from the airport, I did notice a lot of construction cranes and building sites in progress. Was Istanbul really the city I imagined or would I be disappointed again as I was in Cairo?
My first impression of Turkey and the Turkish people can be summarized as industrious. The airport was well organized and the lines through passport control were quick and efficient. I intentionally used the restroom in the airport to compare the experience to that of Cairo. There was an attendant present who kept the restroom clean and well stocked with tissue but did not ask for a tip or gratuity. The staff assisting us in baggage claim never once asked for a tip or gratuity while they loaded everyone’s luggage up on carts and escorted us out to the buses. The contrast encountered between Cairo and Istanbul would continue in every aspect of our visit.
My first meal in Istanbul would be at a little local restaurant just off of Taksim Square in the “New City” of Istanbul. Similar to Egypt, the dining experience was al fresco. In contrast to Egypt and the area around the Cairo Marriott hotel, I felt completely at ease in walking the area around The Point Hotel, Taksim Square and the pedestrian walk just off of the square. The atmosphere seemed more alive and vibrant. The menu featured traditional “Kebap”. I felt far braver in trying something new in Istanbul than in Cairo and was rewarded with a wonderful meal with no gastro-intestinal “impact”. Was Turkey really the country I had been briefed about or would I again be disappointed as I was in Egypt?
Our first exposure to doing business in Turkey was from a presentation by the Turkish Foreign Economic Relations Board (DEiK) at the Türkiye Odalar ve Borsalar Birliği. The message was clear. Turkey is “open for business”. Turkey’s economy is growing as evidenced by positive GDP growth even in the current world recession. The median age in Turkey is 28, the youngest population in Europe. There is evidence of a growing middle class in Turkey, crucial to a growing, sustainable economy. In contrast to Cairo where the roof tops were littered with debris, the roof tops in Istanbul were covered in satellite antennas.
The role of women in Turkey could not be in more contrast to that of Egypt. As we visited various businesses in Istanbul, we found women playing vital roles in leadership and decision making. At the Ali Raif Pharmaceutical Plant, the Director of Quality Control is a woman. In fact, 60% of the employees at the pharmaceutical office we visited were women. Is this an anomaly or a general trend in Turkey? In our visit to Coke, the Director of Marketing and the product marketing manager are both women. It is apparent that Turkey, at least in Istanbul, is aggressively making significant employment opportunities available to women. This strategy insures that all of Turkey’s population has a role to play in the continued economic growth encouraging direct foreign investment.
Labels:
Business,
Economic Growth,
European Union,
Middle Class,
Turkey,
US Aid,
Women,
Youth
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