Browsing by Keywords "World"
Now showing items 1-13 of 13
-
Accounting for externalities in the measurement of productivity growth: the Malmquist cost productivity measure
(Elsevier BV, 2005)This paper starts with the basic premise: that conventional measures of productivity growth-often used as a measure of corporate performance-which ignore external or social output, are biased. We then construct an alternative ... -
Clash of interest over northern Iraq drives Turkish-Israeli alliance to a crossroads
(Middle East Institute, 2005)Turkey and Israel enjoyed an almost perfect relationship throughout the 1990s that amazed their friends, yet bothered their rivals. The US war in Iraq revealed, however, that the two longstanding allies did indeed have ... -
Denomination composition of trade and trade balance: evidence from Turkey
(Routledge, 2005)The currency denominations of a country's exports and imports are not necessarily the same. If this is the case, then a change in the exchange rate parity among major currencies will affect the trade balance. The empirical ... -
The effects of exchange rate risk on economic performance: the Turkish experience
(Routledge, 2004)This study examines the effects of real exchange rate risk on the economic performance for an emerging, small open economy: Turkey. When the ratios of the total foreign exchange liabilities of the Central Bank of the ... -
The European Union, the Turkish military and democracy
(Routledge, 2005)The military in Turkey has been both the subject and the object of modernization as Westernization. In the process it came to occupy a prominent place in the Turkish polity, acting as the guardian of the premises upon which ... -
Future of Turkey in the European Union
(Elsevier, 2005-05)Turkey’s future in the European Union (EU) is a subject of intense debate both in Europe and in Turkey today. Although Turkey first applied to join the EU 45 years ago, it is the only candidate country, which has not yet ... -
Future of Turkey-EU relations: a civilisational discourse
(Pergamon Press, 2005)Should or can Turkey join the European Union (EU)? This paper argues that there are three alternative scenarios of the EU decision to grant membership to Turkey: 'privileged relationship offer,' 'wait and see attitude,' ... -
The missing link between inflation uncertainty and interest rates
(Wiley-Blackwell Publishing Ltd., 2005)In the literature, there is no consensus about the direction of the effects of inflation uncertainty on interest rates. This paper states that such a result may stem from differentiation in the sources of the uncertainties ... -
Optimal versus adequate level of international reserves: evidence for Turkey
(Routledge, 2005)The determination of international reserve balance for emerging economies is part of the efforts to strengthen the immunity of these economies to crises. However, there is still evidence on crises even for the countries ... -
The policy challenge with floating exchange rates: Turkey's recent experience
(Springer New York LLC, 2005)This paper evaluates the developments in the Turkish economy in light of the Central Bank of Turkey's (CBT) policies during a recent period of floating exchange rate system (March 2001-July 2003). It is found that the CBT ... -
Real wages, profit margins and inflation in Turkish manufacturing under post-liberalization
(Routledge, 2005)This article reports investigations into the behaviour of gross profit margins (mark-ups) in Turkish manufacturing industries for the post-1980 liberalization period in relation to price inflation, trade liberalization ... -
The role of macroeconomic instability in public and private capital accumulation and growth: the case of Turkey 1963-1999
(Routledge, 2005)This study investigates the empirical relationship(s) between macroeconomic instability, public and private capital accumulation and growth in Turkey over the period 1963-1999. Time series econometric techniques, such as ... -
The technical inefficiency effects of Turkish banks after financial liberalization
(Wiley-Blackwell Publishing Ltd., 2005)The banking sector in Turkey has grown significantly over the last two decades of financial liberalization. One of the aims of the financial liberalization was to improve efficiency through restructuring programs including ...
