Author: Tevfik F. Nas
Publisher: Lehigh University Press
ISBN: 9780934223195
Category : Business & Economics
Languages : en
Pages : 212
Book Description
This book provides an in-depth analysis of Turkey's 1980-90 stabilization and liberalization experience by tracing the complexities and dynamics of Turkey's unique economic and policy environments.
Long-Run Economic Growth
Author: Steven Durlauf
Publisher: Springer Science & Business Media
ISBN: 3642612113
Category : Business & Economics
Languages : en
Pages : 204
Book Description
One of the most enduring questions in economics involves how a nation could accelerate the pace of its economic development. One of the most enduring answers to this question is to promote exports -either because doing so directly influences development via encouraging production of goods for export, or because export promotion permits accumulation of foreign exchange which permits importation of high-quality goods and services, which can in turn be used to expand the nation's production possibilities. In either case, growth is said to be export-led; the latter case is the so-called "two-gap" hypothesis (McKinnon, 1964; Findlay, 1973). The early work on export-led growth consisted of static cross-country com parisons (Michaely, 1977; Balassa, 1978; Tyler, 1981; Kormendi and Meguire, 1985). These studies generally concluded that there is strong evidence in favour of export-led growth because export growth and income growth are highly correlated. However, Kravis pointed out in 1970 that the question is an essen tially dynamic one: as he put it, are exports the handmaiden or the engine of growth? To make this determination one needs to look at time series to see whether or not exports are driving income. This approach has been taken in a number of papers (Jung and Marshall, 1985; Chow, 1987; Serletis, 1992; Kunst and Marin, 1989; Marin, 1992; Afxentiou and Serletis, 1991), designed to assess whether or not individual countries exhibit statistically significant evidence of export-led growth using Granger causality tests.
Publisher: Springer Science & Business Media
ISBN: 3642612113
Category : Business & Economics
Languages : en
Pages : 204
Book Description
One of the most enduring questions in economics involves how a nation could accelerate the pace of its economic development. One of the most enduring answers to this question is to promote exports -either because doing so directly influences development via encouraging production of goods for export, or because export promotion permits accumulation of foreign exchange which permits importation of high-quality goods and services, which can in turn be used to expand the nation's production possibilities. In either case, growth is said to be export-led; the latter case is the so-called "two-gap" hypothesis (McKinnon, 1964; Findlay, 1973). The early work on export-led growth consisted of static cross-country com parisons (Michaely, 1977; Balassa, 1978; Tyler, 1981; Kormendi and Meguire, 1985). These studies generally concluded that there is strong evidence in favour of export-led growth because export growth and income growth are highly correlated. However, Kravis pointed out in 1970 that the question is an essen tially dynamic one: as he put it, are exports the handmaiden or the engine of growth? To make this determination one needs to look at time series to see whether or not exports are driving income. This approach has been taken in a number of papers (Jung and Marshall, 1985; Chow, 1987; Serletis, 1992; Kunst and Marin, 1989; Marin, 1992; Afxentiou and Serletis, 1991), designed to assess whether or not individual countries exhibit statistically significant evidence of export-led growth using Granger causality tests.
The Liberalization of Transportation Services in the EU and Turkey
Author: Sübidey Togan
Publisher: Oxford University Press
ISBN: 0191067717
Category : Business & Economics
Languages : en
Pages : 313
Book Description
Transport costs have been, and still are, an important component of trade costs, which are one the major determinants of the volume of trade, and thus of gross domestic product (GDP) and GDP growth. Studies show that two of the main determinants of transport costs are regulatory frameworks in transport sectors and transport infrastructure. The productivity and competitiveness of goods and services firms depends largely on access to low-cost and high-quality transport services, and those services have a powerful influence on economic growth. Countries commit themselves to increasing the efficiency of transport services, which can largely be achieved through increased competition and hence through liberalization of transport sectors. Since barriers to trade in transport services are typically regulatory in nature, this book provides a thorough discussion of international, regional, and country specific rules and regulations in those sectors. Concentrating on the EU, and Turkey in particular, it considers rules and regulations in transport sectors. It shows that economic liberalization pursued unilaterally, multilaterally, or regionally has beneficial effects for Turkey, and that the benefits from such liberalization are substantial. Furthermore, the volume shows that transport infrastructure is an important determinant of exports, and hence GDP and GDP growth.
Publisher: Oxford University Press
ISBN: 0191067717
Category : Business & Economics
Languages : en
Pages : 313
Book Description
Transport costs have been, and still are, an important component of trade costs, which are one the major determinants of the volume of trade, and thus of gross domestic product (GDP) and GDP growth. Studies show that two of the main determinants of transport costs are regulatory frameworks in transport sectors and transport infrastructure. The productivity and competitiveness of goods and services firms depends largely on access to low-cost and high-quality transport services, and those services have a powerful influence on economic growth. Countries commit themselves to increasing the efficiency of transport services, which can largely be achieved through increased competition and hence through liberalization of transport sectors. Since barriers to trade in transport services are typically regulatory in nature, this book provides a thorough discussion of international, regional, and country specific rules and regulations in those sectors. Concentrating on the EU, and Turkey in particular, it considers rules and regulations in transport sectors. It shows that economic liberalization pursued unilaterally, multilaterally, or regionally has beneficial effects for Turkey, and that the benefits from such liberalization are substantial. Furthermore, the volume shows that transport infrastructure is an important determinant of exports, and hence GDP and GDP growth.
The Political Economy of Turkey
Author: Harvard University, Cambridge, MA, USA John F. Kennedy School of Government
Publisher: Springer
ISBN: 1349112747
Category : Political Science
Languages : en
Pages : 289
Book Description
Turkey stands at a crossroad after a decade of adjustment to its severe debt crisis in the late 1970s. This volume brings together a group of contributors who discuss the consequences of this transition and the likely pains for the future.
Publisher: Springer
ISBN: 1349112747
Category : Political Science
Languages : en
Pages : 289
Book Description
Turkey stands at a crossroad after a decade of adjustment to its severe debt crisis in the late 1970s. This volume brings together a group of contributors who discuss the consequences of this transition and the likely pains for the future.
The Political Economy of Regulation in Turkey
Author: Tamer Çetin
Publisher: Springer Science & Business Media
ISBN: 1441977503
Category : Political Science
Languages : en
Pages : 251
Book Description
The Political Economy of Regulation in Turkey brings together leading international scholars and experts on Turkey and regulatory reform to provide essential information on the recent Turkish experience and its relation to competition policy. After the 1980 liberalization reform, Turkey tried to introduce competition in many industries, but network industries have remained as monopolies. At the end of the 1990s, regulatory reform was initiated and independent regulatory agencies have been established by the government. Comprehensive discussions of these network industries, in particular airlines, electricity, natural gas, telecommunications and environment regulations, are offered. The contributors inquire how economic theory and historical analyses can enlighten the character of market processes and the role for government action in these industries, and the contributions shed light on the very recent changes in the regulatory structure and important legal cases that shape the future of regulated industries. This book discusses these issues in an international perspective and relates the Turkish experience to other similar countries, such as in Eastern Europe and Central America. This book serves as a useful guide to those who want to understand major changes in Turkey and regulatory reforms in other emerging markets, making it of interest to researchers and PhD students concerned with regulatory economics, the Turkish economy, and economic policy in emerging markets.
Publisher: Springer Science & Business Media
ISBN: 1441977503
Category : Political Science
Languages : en
Pages : 251
Book Description
The Political Economy of Regulation in Turkey brings together leading international scholars and experts on Turkey and regulatory reform to provide essential information on the recent Turkish experience and its relation to competition policy. After the 1980 liberalization reform, Turkey tried to introduce competition in many industries, but network industries have remained as monopolies. At the end of the 1990s, regulatory reform was initiated and independent regulatory agencies have been established by the government. Comprehensive discussions of these network industries, in particular airlines, electricity, natural gas, telecommunications and environment regulations, are offered. The contributors inquire how economic theory and historical analyses can enlighten the character of market processes and the role for government action in these industries, and the contributions shed light on the very recent changes in the regulatory structure and important legal cases that shape the future of regulated industries. This book discusses these issues in an international perspective and relates the Turkish experience to other similar countries, such as in Eastern Europe and Central America. This book serves as a useful guide to those who want to understand major changes in Turkey and regulatory reforms in other emerging markets, making it of interest to researchers and PhD students concerned with regulatory economics, the Turkish economy, and economic policy in emerging markets.
Economic Liberalization and Turkey
Author: Sübidey Togan
Publisher: Routledge
ISBN: 1136995153
Category : Business & Economics
Languages : en
Pages : 454
Book Description
The liberalization of the Turkish economy is a key factor affecting Turkey’s application to join the European Union. This book examines the impact of economic liberalization in Turkey and Turkey’s approach to the elimination of barriers to trade. It focuses on the liberalization of trade in Turkey’s agricultural and industrial commodities sector and key services such as telecommunications, electricity, natural gas, banking and transport. The chapters include thorough discussions on WTO and EU approaches for the elimination of barriers to trade, international and EU rules and regulations in the various service sectors, and the methods for estimating the tariff equivalents of barriers to trade in the different service sectors as well as methods for estimating the benefits of liberalization of services for Turkey. The experience of Turkey, its approach to liberalization and its measures to eliminate barriers to trade serve as a useful model for other neighboring countries of the European Union.
Publisher: Routledge
ISBN: 1136995153
Category : Business & Economics
Languages : en
Pages : 454
Book Description
The liberalization of the Turkish economy is a key factor affecting Turkey’s application to join the European Union. This book examines the impact of economic liberalization in Turkey and Turkey’s approach to the elimination of barriers to trade. It focuses on the liberalization of trade in Turkey’s agricultural and industrial commodities sector and key services such as telecommunications, electricity, natural gas, banking and transport. The chapters include thorough discussions on WTO and EU approaches for the elimination of barriers to trade, international and EU rules and regulations in the various service sectors, and the methods for estimating the tariff equivalents of barriers to trade in the different service sectors as well as methods for estimating the benefits of liberalization of services for Turkey. The experience of Turkey, its approach to liberalization and its measures to eliminate barriers to trade serve as a useful model for other neighboring countries of the European Union.
The Oxford Handbook of Turkish Politics
Author: Güneş Murat Tezcür
Publisher:
ISBN: 9780190064914
Category : Turkey
Languages : en
Pages :
Book Description
"Turkey is a country with a history of multiparty electoral competition going back to 1950, longer than many other nations in the world. Until recently, it was often perceived as a model country that showed the feasibility of democratic governance in a Muslim-majority society. However, the rise of religious-nationalist populism and sociopolitical polarization has resulted in an authoritarian turn that has stifled political liberalization. Turkish foreign policy has had strong linkages with the West but now exhibits a more independent and assertive position. Turkish national identity remains exclusionary as citizens not belonging to the dominant ethnic and religious groups face various levels of discrimination. Political violence persists in the forms of state repression, insurgent attacks, and terrorism; nevertheless, Turkish civil society continues to be resilient. The economy has exhibited sustained levels of growth, though it remains vulnerable to crises. The Oxford Handbook of Turkish Politics includes in-depth analyses of all these issues in conversation with the broader scholarly literature on authoritarianism and democratization, political economy, electoral politics, the politics of identity, social movements, foreign policy, and the politics of art. With contributions by leading experts, the handbook is an authoritative source offering state-of-the-art reviews of the scholarship on Turkish politics. The volume is an analytical, comprehensive, and comparative overview of contemporary politics in a country that literally and figuratively epitomizes "being at the crossroads.""--
Publisher:
ISBN: 9780190064914
Category : Turkey
Languages : en
Pages :
Book Description
"Turkey is a country with a history of multiparty electoral competition going back to 1950, longer than many other nations in the world. Until recently, it was often perceived as a model country that showed the feasibility of democratic governance in a Muslim-majority society. However, the rise of religious-nationalist populism and sociopolitical polarization has resulted in an authoritarian turn that has stifled political liberalization. Turkish foreign policy has had strong linkages with the West but now exhibits a more independent and assertive position. Turkish national identity remains exclusionary as citizens not belonging to the dominant ethnic and religious groups face various levels of discrimination. Political violence persists in the forms of state repression, insurgent attacks, and terrorism; nevertheless, Turkish civil society continues to be resilient. The economy has exhibited sustained levels of growth, though it remains vulnerable to crises. The Oxford Handbook of Turkish Politics includes in-depth analyses of all these issues in conversation with the broader scholarly literature on authoritarianism and democratization, political economy, electoral politics, the politics of identity, social movements, foreign policy, and the politics of art. With contributions by leading experts, the handbook is an authoritative source offering state-of-the-art reviews of the scholarship on Turkish politics. The volume is an analytical, comprehensive, and comparative overview of contemporary politics in a country that literally and figuratively epitomizes "being at the crossroads.""--
EU-Turkey Relations
Author: Wulf Reiners
Publisher: Springer Nature
ISBN: 303070890X
Category : Political Science
Languages : en
Pages : 449
Book Description
This open access book explores the new complexities and ambiguities that epitomize EU-Turkey relations. With a strong focus on the developments in the last decade, the book provides full access to a comprehensive understanding of the multifaceted relationship through three entry points: (1) Theories and Concepts, (2) Institutions, and (3) Policies. Part I brings together complementary and competing analytical approaches to study the evolution of EU-Turkey relations, ranging from traditional integration theories to novel concepts. Part II investigates the institutional machinery of EU-Turkey relations by analyzing the roles and perspectives of the European Council, the European Commission, and the European Parliament. Part III offers analyses of the policies most relevant for the relationship: enlargement policy, trade and macroeconomic policies, foreign and security policy, migration and asylum policies, and energy policy. In Part IV, the volume closes with a systematic survey of the conditions under which cooperative trends in EU-Turkey relations could be (re)invigorated. The systematic setup and the balanced combination of distinguished experts from EU- and Turkey-based institutions make this book a fundamental reading for students, researchers, lecturers, and practitioners of EU-Turkey relations, European integration and Turkish foreign policy. Wulf Reiners is Senior Researcher and Head of the Managing Global Governance (MGG) Program of the German Development Institute / Deutsches Institut fur Entwicklungspolitik (DIE). Ebru Turhan is Assistant Professor at the Department of Political Science and International Relations, Turkish-German University in Istanbul, Turkey.
Publisher: Springer Nature
ISBN: 303070890X
Category : Political Science
Languages : en
Pages : 449
Book Description
This open access book explores the new complexities and ambiguities that epitomize EU-Turkey relations. With a strong focus on the developments in the last decade, the book provides full access to a comprehensive understanding of the multifaceted relationship through three entry points: (1) Theories and Concepts, (2) Institutions, and (3) Policies. Part I brings together complementary and competing analytical approaches to study the evolution of EU-Turkey relations, ranging from traditional integration theories to novel concepts. Part II investigates the institutional machinery of EU-Turkey relations by analyzing the roles and perspectives of the European Council, the European Commission, and the European Parliament. Part III offers analyses of the policies most relevant for the relationship: enlargement policy, trade and macroeconomic policies, foreign and security policy, migration and asylum policies, and energy policy. In Part IV, the volume closes with a systematic survey of the conditions under which cooperative trends in EU-Turkey relations could be (re)invigorated. The systematic setup and the balanced combination of distinguished experts from EU- and Turkey-based institutions make this book a fundamental reading for students, researchers, lecturers, and practitioners of EU-Turkey relations, European integration and Turkish foreign policy. Wulf Reiners is Senior Researcher and Head of the Managing Global Governance (MGG) Program of the German Development Institute / Deutsches Institut fur Entwicklungspolitik (DIE). Ebru Turhan is Assistant Professor at the Department of Political Science and International Relations, Turkish-German University in Istanbul, Turkey.
Trade Liberalization
Author: Romain Wacziarg
Publisher: Edward Elgar Publishing
ISBN: 9781788111492
Category : Free trade
Languages : en
Pages : 0
Book Description
This compelling two-volume collection presents the major literary contributions to the economic analysis of the consequences of trade liberalization on growth, productivity, labor market outcomes and economic inequality. Examining the classical theories that stress gains from trade stemming from comparative advantage, the selection also comprises more recent theories of imperfect competition, where any potential gains from trade can stem from competitive effects or the international transmission of knowledge. Empirical contributions provide evidence regarding the explanatory power of these various theories, including work on the effects of trade openness on economic growth, wages, and income inequality, as well as evidence on the effects of trade on firm productivity, entry and exit. Prefaced by an original introduction from the editor, the collection will to be an invaluable research resource for academics, practitioners and those drawn to this fascinating topic.
Publisher: Edward Elgar Publishing
ISBN: 9781788111492
Category : Free trade
Languages : en
Pages : 0
Book Description
This compelling two-volume collection presents the major literary contributions to the economic analysis of the consequences of trade liberalization on growth, productivity, labor market outcomes and economic inequality. Examining the classical theories that stress gains from trade stemming from comparative advantage, the selection also comprises more recent theories of imperfect competition, where any potential gains from trade can stem from competitive effects or the international transmission of knowledge. Empirical contributions provide evidence regarding the explanatory power of these various theories, including work on the effects of trade openness on economic growth, wages, and income inequality, as well as evidence on the effects of trade on firm productivity, entry and exit. Prefaced by an original introduction from the editor, the collection will to be an invaluable research resource for academics, practitioners and those drawn to this fascinating topic.
Turkey's Economy from Different Perspectives After 1980
Author: Ebru Gül Yılmaz
Publisher:
ISBN: 9783631816028
Category : Turkey
Languages : en
Pages :
Book Description
"Turkey has had a crucial change in terms of economic infrastructure after the decision of opening up the economy in 1980. Following import substituting industrialization strategy ended with an economic crisis at the end of the 1970s. With the beginning of the 1980s in January, a very radical economic program was announced that brought economic liberalization. After economic liberalization, each economic dynamics has changed as never going to be the same again, especially after opening up the capital account completely in 1989. The aim of this book is to share the academic research outputs and the field experiences on Turkey's economy for the related period with contributors from different backgrounds and different perspectives. The contributors to this book with their both academic and field experience provide a broad scanned understanding of the Turkey's economy after the 1980s and also expand the reader's horizon on a better understanding of expectations for the future. We appreciate them for becoming a team, and we sincerely thank each of them for sharing their experience and expertise. Ebru Gül Yılmaz Editor"--
Publisher:
ISBN: 9783631816028
Category : Turkey
Languages : en
Pages :
Book Description
"Turkey has had a crucial change in terms of economic infrastructure after the decision of opening up the economy in 1980. Following import substituting industrialization strategy ended with an economic crisis at the end of the 1970s. With the beginning of the 1980s in January, a very radical economic program was announced that brought economic liberalization. After economic liberalization, each economic dynamics has changed as never going to be the same again, especially after opening up the capital account completely in 1989. The aim of this book is to share the academic research outputs and the field experiences on Turkey's economy for the related period with contributors from different backgrounds and different perspectives. The contributors to this book with their both academic and field experience provide a broad scanned understanding of the Turkey's economy after the 1980s and also expand the reader's horizon on a better understanding of expectations for the future. We appreciate them for becoming a team, and we sincerely thank each of them for sharing their experience and expertise. Ebru Gül Yılmaz Editor"--
Handbook of Research on Institutional, Economic, and Social Impacts of Globalization and Liberalization
Author: Bayar, Yilmaz
Publisher: IGI Global
ISBN: 1799844609
Category : Political Science
Languages : en
Pages : 699
Book Description
Globalization is a multi-dimensional concept reflecting the increased economic, social, cultural, and political integration of countries. There has been no pinpointed consensus on the history of globalization; however, the globalization process has gained significant speed as of the 1980s in combination with liberalization. Many countries have removed or loosened barriers over the international flows of goods, services, and production factors. In this context, both liberalization and globalization have led to considerable institutional, economic, social, cultural, and political changes in the world. The liberalization and globalization processes have affected economic units, institutions, cultures, social lives, and national and international politics. The Handbook of Research on Institutional, Economic, and Social Impacts of Globalization and Liberalization provides a comprehensive evaluation of the institutional, economic, and social impacts of globalization and liberalization processes across the world. While highlighting topics like economics, finance, business, and public administration, this book is ideally intended for government officials, policymakers, practitioners, stakeholders, researchers, and academicians interested in the international impacts of globalization and liberalization across a variety of different domains.
Publisher: IGI Global
ISBN: 1799844609
Category : Political Science
Languages : en
Pages : 699
Book Description
Globalization is a multi-dimensional concept reflecting the increased economic, social, cultural, and political integration of countries. There has been no pinpointed consensus on the history of globalization; however, the globalization process has gained significant speed as of the 1980s in combination with liberalization. Many countries have removed or loosened barriers over the international flows of goods, services, and production factors. In this context, both liberalization and globalization have led to considerable institutional, economic, social, cultural, and political changes in the world. The liberalization and globalization processes have affected economic units, institutions, cultures, social lives, and national and international politics. The Handbook of Research on Institutional, Economic, and Social Impacts of Globalization and Liberalization provides a comprehensive evaluation of the institutional, economic, and social impacts of globalization and liberalization processes across the world. While highlighting topics like economics, finance, business, and public administration, this book is ideally intended for government officials, policymakers, practitioners, stakeholders, researchers, and academicians interested in the international impacts of globalization and liberalization across a variety of different domains.