City, foreign investment, development: Van case

Throughout history, societies have resorted to foreign capital investments in order to increase their socio-economic development levels. Foreign capital investments can be defined as the totality of investments made by individuals or institutions in a country in which they are not resident in order to gain economic gains permanently or temporarily. The blurring of borders with the globalization process has accelerated the circulation of foreign capital investments and general capital market movements in the international arena. In this context, as a result of globalization, capital mobility between developed and developing countries has also gained momentum. After 1980, foreign capital investments accelerated in Turkey and paved the way for the country's economic and social development. Foreign capital investments can improve many areas such as economy, education, social life, technology and employment. Such investments are very important in terms of creating positive results for both the host country and the country providing the capital. Within the scope of this study, the arrival story of foreign capital that has invested in Van, the problems it has encountered and its reflections on the city are discussed within the framework of its relationship with development. The theoretical framework of the study was created by analyzing previous studies in the literature. In the field research part of the study, qualitative research method was preferred. As a data collection technique, semi-structured interview technique, one of the in-depth interview techniques, was used. Accordingly, a semi-structured interview form was prepared and interviews were conducted in the field based on this form. Snowball sampling method was used to reach the participants and interviews were conducted with 14 participants investing in Van. The interviews with the participants were analyzed in detail. The findings obtained as a result of this analysis are important in terms of contributing to the literature and being a reference source for foreign capital investments in Van.