G20-2015 Turkey

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SPOTLIGHT ON TURKEY presidency encouraged G20 members to fulfill their commitments under various agenda items and put in place the necessary measures to meet G20 objectives. G20 growth strategies; the financial regulatory reform agenda; the Base Erosion and Profit Shifting (BEPS) Project of the G20 and the Organisation for Economic Co-operation and Development; the 2010 quota and governance reform of the International Monetary Fund; and national employment strategies were on the G20 laundry list for effective implementation. ISTOCK IMAGES Increased international connectivity is a huge driving force behind Turkey’s growing economic potential an additional 14,000km of highway construction all contribute to Turkey’s potential. Economic achievements flourish in stable and predictable political environments. Without any doubt, democracy and freedom are prerequisites to sustain the stability in the long term. A well-functioning democratic system, respect for human rights, freedom of speech and the rule of law are at the core of our political agenda in Turkey, since a well-functioning democratic system improves not only the political stability, but also economic stability by increasing predictability, transparency and accountability. Meeting expectations Our journey towards our Vision 2023 coincides with both a historic opportunity and an important responsibility for Turkey this year: chairing the G20, the world’s premier forum for economic policy coordination. In order to meet the global community’s expectations for the G20 presidency, we prepared an ambitious set of priorities, a comprehensive agenda and an intense work plan. With this, we aimed to pave the way towards achieving the overarching aim of the G20 – strong, sustainable and balanced growth through collective action. Keeping the forum focused, relevant and able to achieve substantial outcomes for the health of the global economy has been our main objective during our tenure at the helm of the G20. Under the motto of ‘Collective Action for Inclusive and Robust Growth’, the Turkish presidency embraced the past G20 agendas and sought to add impetus with its three ‘I’s of themes of implementation, investment and inclusiveness. Under the first ‘I’, implementation, the presidency made a bold move and claimed that “words have played their part”. Reflecting the urgent need for the effectiveness of the required reforms, the Turkish An enabling environment for investment In the context of the second ‘I’, investment, we sought to address the investment gap, especially in infrastructure, still observed all over the world almost eight years after the global financial crisis. To improve the investment environment and to boost quantity, quality and efficiency of the infrastructure investments, G20 members prepared their country-specific investment strategies. The establishment of the World SME Forum for small and medium-sized enterprises (SMEs) and the full operationalisation of the Global Infrastructure Hub are also important developments to note on this front. Recognising the large untapped potential associated with Islamic finance, the Turkish presidency also tried to increase the awareness among G20 members on this issue and encourage them to increase the role of non-traditional lending models. It goes without saying that the G20 addresses issues of a global nature that matter to all countries, not just those in the G20. The G20 holds a very high representation power and outcomes of the negotiations under the G20 roof have a strong reflection and are closely followed by the global community. Against such a background, the Turkish G20 presidency aimed to enhance global economic cooperation by reaching out to a wider range of stakeholders and reflect their views to the G20 agenda through its third ‘I’, inclusiveness. The inclusiveness strategy aims to ensure the benefits of growth and prosperity are shared by people within and beyond G20 members. Recognising its domestic and global facets, we examined the scope to emphasise issues pertaining to SMEs and low-income developing countries (LIDCs) as a cross-cutting subject across all work streams. Lifting female and youth employment; removing obstacles SMEs face in access to finance and global value chains; tackling inequalities and placing a special emphasis on reaching out to LIDCs, and developing policy responses to the specific challenges they face have been instrumental parts of this strategy. Objectives identified in the context of Vision 2023 and lessons distilled from Turkey’s remarkable performance since 2002 have been very influential in shaping Turkey’s priorities for chairmanship of the G20. Turkey crafted its priorities based on a strategy to share its experiences over the past decade and demonstrate its ability to contribute to world economic governance. Turkey’s improved business and investment environment; the wide-scale infrastructure projects undertaken; policies implemented to reduce inequalities and strengthening social inclusion; and measures g7g20.com G20 Turkey: The Antalya Summit November 2015 49
Page 1 and 2: TURKEY: THE ANTALYA SUMMIT NOVEMBER
Page 3: TURKEY: THE ANTALYA SUMMIT NOVEMBER
Page 7 and 8: CONTENTS 112 The business agenda fo
Page 9: CONTENTS 178 Extending social prote
Page 12 and 13: LEADERS’ PERSPECTIVES An agenda o
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Page 19 and 20: LEADERS’ PERSPECTIVES XINHUA/ALAM
Page 21 and 22: MAZARS PERSPECTIVE to recognise tha
Page 23 and 24: LEADERS’ PERSPECTIVES JACQUEMART
Page 25 and 26: JERSEY FINANCE PERSPECTIVE need a w
Page 27 and 28: LEADERS’ PERSPECTIVES Canada | Ju
Page 29 and 30: BAKCELL PERSPECTIVE subscriber base
Page 31 and 32: GLOBAL CONTRIBUTORS TO G20 GOVERNAN
Page 35 and 36: PASHA BANK PERSPECTIVE and offering
Page 41 and 42: MEMBERS’ PERSPECTIVES ANDRE PENNE
Page 43 and 44: EDITOR’S INTRODUCTION of the most
Page 45 and 46: MITSUBISHI ELECTRIC PERSPECTIVE and
Page 47: SPOTLIGHT ON TURKEY ISTOCK IMAGES h
Page 52 and 53: BASF PERSPECTIVE BASF: 150 years of
Page 54 and 55: SPOTLIGHT ON TURKEY Shared vision,
Page 57 and 58: SPOTLIGHT ON TURKEY G20 has develop
Page 59: TÜRKIYE FINANS PERSPECTIVE In Turk
Page 62 and 63: SPOTLIGHT ON TURKEY Inclusiveness i
Page 64 and 65: Whether you’re looking for ideas
Page 66 and 67: SPOTLIGHT ON TURKEY Openness in the
Page 68 and 69: ISPAT PERSPECTIVE A new vision for
Page 70 and 71: ISPAT PERSPECTIVE Average annual re
Page 72 and 73: ICF AIRPORTS PERSPECTIVE A perfect
Page 74 and 75: TÜRK EKONOMI BANKASI PERSPECTIVE P
Page 76 and 77: TÜRK EKONOMI BANKASI PERSPECTIVE B
Page 78 and 79: SPOTLIGHT ON TURKEY ABDULHAMID HOSB
Page 80 and 81: THE G20 IN NUMBERS The G20 countrie
Page 82 and 83: BUSINESS ROUND TABLE The business v
Page 84 and 85: Live LIVE UPDATES Be the first to h
Page 86 and 87: GROWING THE GLOBAL ECONOMY Uprootin
Page 88 and 89: GROWING THE GLOBAL ECONOMY Intervie
Page 90 and 91: GROWING THE GLOBAL ECONOMY Chinese
Page 92 and 93: GROWING THE GLOBAL ECONOMY Managing
Page 94 and 95: GROWING THE GLOBAL ECONOMY A turnin
Page 96 and 97: TRADE AND INVESTMENT The G20 trade
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INDUSTRY PERSPECTIVE Paperclips and
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TRADE AND INVESTMENT Rooting out co
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TRADE AND INVESTMENT Tourism in the
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NATPET PERSPECTIVE Saving Doha: foc
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STRENGTHENING G20 ECONOMIES JUICE I
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STRENGTHENING G20 ECONOMIES JAKE LY
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STRENGTHENING G20 ECONOMIES ISTOCK
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STRENGTHENING G20 ECONOMIES Keeping
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MICROSOFT PERSPECTIVE Transforming
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STRENGTHENING G20 ECONOMIES EUGENE
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MERIDIAM PERSPECTIVE experts, to co
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INVESTING IN INFRASTRUCTURE ASIAN D
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INVESTING IN INFRASTRUCTURE ISTOCK
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REGULATING FINANCE FOR STABILITY AN
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Fixed income Active thinking Find o
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ICD PERSPECTIVE
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DEVELOPMENT ERALDO PERES/PRESS ASSO
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DEVELOPMENT ISTOCK IMAGES its inter
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GLOBAL ALLIANCE FOR CLEAN COOKSTOVE
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DEVELOPMENT A quiet financial revol
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STOXX PERSPECTIVE Breadth of choice
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GLOBAL HEALTH UNICEF/NYHQ2011-2460/
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ESPEN PERSPECTIVE Further informati
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GLOBAL HEALTH believe that domestic
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GLOBAL HEALTH ISTOCK IMAGES CARPHA
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GLOBAL HEALTH TIM GAINEY/ALAMY STOC
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ENERGY AND CLIMATE CHANGE GEORGE OS
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ENERGY AND CLIMATE CHANGE ISTOCK IM
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The Global Environment Facility: Ch
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GEF PERSPECTIVE A fresh start for p
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ENERGY AND CLIMATE CHANGE Once in a
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SABIC PERSPECTIVE Creating lasting
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ENERGY AND CLIMATE CHANGE Taking th
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SKYPOWER PERSPECTIVE Bringing power
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ENERGY AND CLIMATE CHANGE Global cl
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Each year, WFP provides some 80 mil
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AGRICULTURE AND FOOD SECURITY Exten
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G20 GOVERNANCE AND SECURITY Severin
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ARGE CONSULTING PERSPECTIVE Good go
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STRENGTHENING THE G20 SYSTEM Interv
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STRENGTHENING THE G20 SYSTEM Toward
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STRENGTHENING THE G20 SYSTEM Extrao
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STRENGTHENING THE G20 SYSTEM Youth
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STRENGTHENING THE G20 SYSTEM Bringi
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STRENGTHENING THE G20 SYSTEM Inspir
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STRENGTHENING THE G20 SYSTEM Lesson
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STRENGTHENING THE G20 SYSTEM BRICS
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STRENGTHENING THE G20 SYSTEM Making
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STRENGTHENING THE G20 SYSTEM Buildi
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STRENGTHENING THE G20 SYSTEM A thin
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LEADERS’ PROFILES Argentina | Cri
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LEADERS’ PROFILES Japan | Shinzō
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Sponsors’ index ARGE Consulting &
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G20-2015 Turkey

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