{"id":55348,"date":"2018-07-19T11:18:39","date_gmt":"2018-07-19T08:18:39","guid":{"rendered":"https:\/\/www.bilgeyatirimci.com\/?p=55348"},"modified":"2018-07-19T11:18:39","modified_gmt":"2018-07-19T08:18:39","slug":"mahfi-egilmez-uluslararasi-dogrudan-yatirimlar","status":"publish","type":"post","link":"https:\/\/www.bilgeyatirimci.com\/i\/mahfi-egilmez-uluslararasi-dogrudan-yatirimlar\/","title":{"rendered":"Mahfi E\u011filmez &#8211; Uluslararas\u0131 Do\u011frudan Yat\u0131r\u0131mlar"},"content":{"rendered":"<h2>Mahfi E\u011filmez&#8217;in bug\u00fcnk\u00fc yaz\u0131s\u0131<\/h2>\n<p>Bir \u00fclkeye y\u00f6nelik uluslararas\u0131 yat\u0131r\u0131mlar\u0131 iki ba\u015fl\u0131kta incelemek m\u00fcmk\u00fcnd\u00fcr: (1) Uluslararas\u0131 do\u011frudan yat\u0131r\u0131mlar; bir \u00fclke s\u0131n\u0131rlar\u0131 d\u0131\u015f\u0131ndaki yat\u0131r\u0131mc\u0131lar\u0131n ilgili \u00fclkeye fabrika gibi \u00fcretim tesisleri kurarak, \u015fube a\u00e7arak, ta\u015f\u0131nmaz mal edinerek veya var olan bir \u015firketi tamamen ya da k\u0131smen sat\u0131n alarak yapt\u0131klar\u0131 yat\u0131r\u0131mlard\u0131r. (2) Uluslararas\u0131 dolayl\u0131 yat\u0131r\u0131mlar; bir \u00fclke s\u0131n\u0131rlar\u0131 d\u0131\u015f\u0131ndaki yat\u0131r\u0131mc\u0131lar\u0131n o \u00fclkeden hisse senedi al\u0131m\u0131, tahvil al\u0131m\u0131 gibi yollarla ger\u00e7ekle\u015ftirdikleri portf\u00f6y yat\u0131r\u0131mlar\u0131d\u0131r (plasman).<\/p><div class=\"bilge-yaziust\" style=\"margin-top: 10px;margin-bottom: 10px;\" id=\"bilge-1222573559\"><ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-7495567325667578\"\r\n     data-ad-slot=\"9580705384\"\r\n     data-ad-format=\"rectangle\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n(adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div>\n<p>Uluslararas\u0131 do\u011frudan ve dolayl\u0131 yat\u0131r\u0131mlar aras\u0131ndaki \u00fc\u00e7 temel fark vard\u0131r: (1) Do\u011frudan yat\u0131r\u0131mlar kal\u0131c\u0131d\u0131r (uzun vadeli) buna kar\u015f\u0131l\u0131k dolayl\u0131 yat\u0131r\u0131mlar ge\u00e7icidir (k\u0131sa vadeli.) O nedenle dolayl\u0131 yat\u0131r\u0131mlar, bor\u00e7lar, krediler, mevduat gibi kaynaklarla birlikte s\u0131cak para kategorisinde de\u011ferlendirilir. (2) Do\u011frudan yat\u0131r\u0131mlar, yat\u0131r\u0131mc\u0131s\u0131na y\u00f6netim yetkisi vermesine kar\u015f\u0131l\u0131k dolayl\u0131 yat\u0131r\u0131mlar yat\u0131r\u0131mc\u0131s\u0131na y\u00f6netime kar\u0131\u015fma yetkisi vermez. (3) Do\u011frudan yat\u0131r\u0131m yapanlar, k\u00e2rl\u0131l\u0131\u011f\u0131 art\u0131rmak i\u00e7in verimlili\u011fi art\u0131rmaya dolay\u0131s\u0131yla yeni teknoloji getirmeye veya \u00fcretim bi\u00e7iminde de\u011fi\u015fikli\u011fe gitmeye d\u00f6n\u00fck de\u011fi\u015fiklikler yapmaya odaklan\u0131rlar. Oysa dolayl\u0131 yat\u0131r\u0131mlar\u0131 yapanlar\u0131n bu yat\u0131r\u0131mlar\u0131 yapt\u0131klar\u0131 \u015firketler \u00fczerinde y\u00f6netim yetkisi olmad\u0131\u011f\u0131 i\u00e7in b\u00f6yle de\u011fi\u015fikliklere gitme hakk\u0131 yoktur.<\/p>\n<p>B\u00fct\u00fcn bu nedenlerle \u00f6zellikle geli\u015fmekte olan \u00fclkeler uluslararas\u0131 do\u011frudan yat\u0131r\u0131mlar\u0131 \u00e7ekmeye u\u011fra\u015f\u0131rlar. Geli\u015fmi\u015f \u00fclkeler de geli\u015ftirmek istedikleri sekt\u00f6rlere, benzer bi\u00e7imde uluslararas\u0131 do\u011frudan yat\u0131r\u0131mlar\u0131 \u00e7ekmeye \u00e7abalarlar.<\/p>\n<p>Geli\u015fmekte olan \u00fclkelerin y\u00fcksek miktarl\u0131 uluslararas\u0131 do\u011frudan yat\u0131r\u0131m \u00e7ekebilmesinin baz\u0131 ko\u015fullar\u0131 vard\u0131r: (1) Di\u011fer \u00fclkelere g\u00f6re daha \u00e7ekici bir ekonomik ortam\u0131n bulunmas\u0131 \u00f6nemli bir ko\u015fuldur. \u00dccretlerin di\u011fer \u00fclkelere g\u00f6re d\u00fc\u015f\u00fckl\u00fc\u011f\u00fc ya da verimlili\u011fin y\u00fcksekli\u011fi, n\u00fcfus ve buna ba\u011fl\u0131 i\u00e7 talep y\u00fcksekli\u011fi, potansiyel olarak b\u00fcy\u00fcme e\u011filimi g\u00f6stermesi bu alanda ilk a\u011f\u0131zda s\u0131ralanacak ko\u015fullard\u0131r. (2) Siyasal, sosyal ve ekonomik istikrar\u0131n bulunmas\u0131 gereklili\u011fi de \u00f6nemli bir ko\u015fuldur. \u0130stikrars\u0131z bir \u00fclke, risklerin b\u00fcy\u00fck oldu\u011fu bir \u00fclke demektir. Ki yabanc\u0131 sermayeyi en \u00e7ok \u00fcrk\u00fctecek konu budur. B\u00f6yle bir durumda faizler artaca\u011f\u0131, borsada hisseler \u00f6nce d\u00fc\u015f\u00fcp sonra toparlanaca\u011f\u0131 i\u00e7in yabanc\u0131 yat\u0131r\u0131mc\u0131lar, uluslararas\u0131 do\u011frudan yat\u0131r\u0131m formundan s\u0131cak para olarak adland\u0131r\u0131lan uluslararas\u0131 dolayl\u0131 yat\u0131r\u0131m formuna d\u00f6nerler.<\/p>\n<p>Uluslararas\u0131 do\u011frudan yat\u0131r\u0131mlar iki farkl\u0131 bi\u00e7imde gelir: (1) Do\u011frudan yabanc\u0131 sermaye yat\u0131r\u0131mlar\u0131; bir \u00fclke s\u0131n\u0131rlar\u0131 d\u0131\u015f\u0131ndaki yat\u0131r\u0131mc\u0131lar\u0131n ilgili \u00fclkeye fabrika gibi \u00fcretim tesisleri kurarak, \u015fube a\u00e7arak veya var olan bir \u015firketi tamamen ya da k\u0131smen sat\u0131n alarak yapt\u0131klar\u0131 yat\u0131r\u0131mlard\u0131r. (2) Gayrimenkul yat\u0131r\u0131mlar\u0131; bir \u00fclke s\u0131n\u0131rlar\u0131 d\u0131\u015f\u0131ndaki yat\u0131r\u0131mc\u0131lar\u0131n ilgili \u00fclkede ta\u015f\u0131nmaz mal edinerek yapt\u0131klar\u0131 yat\u0131r\u0131mlard\u0131r.<\/p>\n<h6>Yaz\u0131n\u0131n devam\u0131 i\u00e7in <a href=\"http:\/\/www.mahfiegilmez.com\/2018\/07\/uluslararas-dogrudan-yatrmlar.html\" target=\"_blank\" rel=\"noopener nofollow external\" data-wpel-link=\"external\">TIKLAYINIZ<\/a>.<\/h6>\n","protected":false},"excerpt":{"rendered":"<p>Mahfi E\u011filmez&#8217;in bug\u00fcnk\u00fc yaz\u0131s\u0131 Bir \u00fclkeye y\u00f6nelik uluslararas\u0131 yat\u0131r\u0131mlar\u0131 iki ba\u015fl\u0131kta incelemek m\u00fcmk\u00fcnd\u00fcr: (1) Uluslararas\u0131 do\u011frudan yat\u0131r\u0131mlar; bir \u00fclke s\u0131n\u0131rlar\u0131 d\u0131\u015f\u0131ndaki yat\u0131r\u0131mc\u0131lar\u0131n ilgili \u00fclkeye fabrika&hellip;<\/p>\n","protected":false},"author":12,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[1],"tags":[808,801,847],"class_list":["post-55348","post","type-post","status-publish","format-standard","hentry","category-tumyazilar","tag-ekonomi-makaleleri","tag-ekonomi-yazarlari-listesi","tag-mahfi-egilmez-yazilari"],"_links":{"self":[{"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/posts\/55348","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/comments?post=55348"}],"version-history":[{"count":0,"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/posts\/55348\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/media?parent=55348"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/categories?post=55348"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/tags?post=55348"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}