turkey and indonesia economic role

what do we can expect of turkey and indonesia at the G20?

representing two democratic republics with predominantly Muslim populations, yet secular. Both countries are emerging markets economies (EMEs) in the G20; they are members of the D-8 Organization for Economic Cooperation, a trade alliance of developing countries comprising 930 million people. Furthermore, US Secretary of State Hillary Clinton visited the two countries recently to convey the Obama administration's "special message" to the Muslim world. furthermore, both countries have motivated work force
Increasingly accomodative attitudes toward foreign and domestic investment and entrepreneurs.


Islamic finance, which is becoming more and more popular and has been accepted by Western financial institutions, should become more prominent in the world financial system and be offered as an option by the conventional financial system. London is interested in becoming the center of Islamic finance, and even Israel offers the sukuk bond. Turkey and other G20 members that have not fully incorporated Islamic finance options should not be "allergic" to the adjective "Islamic" in Islamic finance. A consultant who works for Bener Danışmanlık suggests that Turkey could learn from Indonesia's success of recently issuing sukuk bonds. Like Turkey, Indonesia faces declining exports and lower foreign direct investment because of the global credit crunch. The sukuk issue was, therefore, raised in order to support alternative financing for the 2009 Indonesian state budget and to help offset the cost of stimulus spending needed to boost domestic demand. The savings of the local population were raised to be directly used to support the local economy.


while the world from now on should holding hands together to face and maintain this financial crisis.
much hope for G20!!!


-many sources-

Category:

News & Politics

Tags:

• turkey
• indonesia
• economic
• role
• turkish
• indonesian
• sukuk
• G20
• summit
• world
• forum

[TuranianWarrior1]

Long live Turkish-Indonesian freindship! I love both Malaysia and Indonesia!

[Dilla7997]

Good Vid...two thumbs up..I love turkey and of course my country,"Indonesia"...

[R3dSt4r90]

i'm sorry, but I am a member of the dislike clan

I like this video, but it is our duty to make sure every video on youtube has at least 1 dislike

[Erdemfm]

@hunkshunter read more about what liberal economy is then research foreign investment percent in russia usa and china.So u will not talk bullshit anymore

[hunkshunter]

but Indonesian economy is holded by Chinese...meanwhile Turkey's economy hold by USA and Russia. and yes both suck!!!

[justindones]

awesome...........Turkey, a country with great history, I Love You...

[Uranggokil]

teşekkürler and terima kasih for uploaded this vid, Endonezya and Turki will make a real progress in economics :D

[arcbishop77]

@TheBengaul Thank youu

[arcbishop77]

@cypriot1965 Yeah, I love Turkey too. With the buildings and art,I guess. :D

[arcbishop77]

@Euthans Have a nice trip, from Indonesia. <33

[arcbishop77]

@cypriot1965 Hmm yeah

[arcbishop77]

@TuranianWarrior1 ^^