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MKOBI Declaration en
MKOBI Declaration en
TIDAF
Federation Of European Turkish Businessmen Association - Türk İşadamları Dernekleri Avrupa Federasyonu
The subprime mortgage crisis that began in the US credit markets in the fall of
2007 has turned into a global economic crisis. On the one hand, the financial markets
of the developed world are experiencing collapse that will have a long term effect,
and, on the other hand, it has caused problems that will create significant stress on
the real sector as it results in a serious global slowdown. The shrinking global
economy and reduced world trade has forced public opinion around the global to
review every relationship on a global level and to consider the necessity of taking
significant economic measures with regard to individual countries.
Because there is the possibility that the recession which has begun in the
global economy will turn into an economic collapse that could extend for several
years and because of significant dangers, such as widespread unemployment and
company bankruptcies, that will happen as a result of this, MSMEs stand before us
as one of the issues that require the most immediate attention due to the important
economic and social roles that they assume in the new world order and because of
the bridge they form between large enterprises and consumers.
As TIDAF executives representing the 200,000 Turkish entrepreneurs in
Europe, our understanding is that permanent and effective measures can prevent
this financial crisis, which is becoming more serious with each passing day, from
doing even more harm to MSMEs.
500 million strong, MSMEs comprise 99% of all global economic enterprise
and they can be protected and strengthened against this global crisis with
coordinated joint efforts conducted by both supra-national organizations and
individual countries.
Therefore, as the TIDAF Administration, we are calling on global institutions,
such as the EU, UN, WTO, IMF and the World Bank, as well as on the governments
of every country to implement with all haste the measures we have outlined below,
none of which can be delayed.
severe economic shocks that may be encountered in the next few years and to
achieve the 2020 goals with more inspiring studies in a safe, relatively prosperous
and peaceful manner. It should not be forgotten that the success of the EU’s Lisbon
objectives was dependent on the competitiveness provided in cooperation with
MSMEs.