The recent growth in foreign direct investment (FDI) has led to a proliferation of scholarly efforts to analyse the various dimensions of this phenomenon. Two main streams of research have emerged in the literature. The first analyses the economic effects of FDI inflows in the economy of the...

Istanbul metropolitan region is the economic heart of Turkey, which is generally listed among the emerging economies of the last decade. Although compared to other European regions foreign capital and investment are underrepresented in Istanbul, economic growth and the stability of Turkey in the...