Browsing by Subject "East Asia"
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Item Open Access The impacts of global crises on developing economies: the case of Turkey(1999) Tekindor, SevinçIn this thesis, after explaining the development of Asian crisis, an attempt is made to show how the Asian crisis affected the Turkish economy within the framework of deficiencies of developing countries during the economic globalization process. Here, it is aigued that globalization in itself is not a bad thing for developing countries, but rather, ‘imperfect globalization’ creates problems for them as the recent Asian crisis demonstrated. Although the Asian crisis did not cause total collapse in the Tmkish economy, it triggered discussions about overhauling of the current economic policies. Without structural adjustments and revision of outmoded mechanisms, no country can be able to catch up with developed countries and benefit from riclmess that globalization promises to bring.Item Open Access The major determinants of high growth rates in East Asian economies(1996) Çetin, BülentThe Major Determinants of High Growth Rates in east Asian Economies Bülent Çetin MA. in Economics Supervisor: Asst. Prof. İzak Atiyas 72 Pages July, 1996 This Thesis investigates major reasons behind the superior growth rates of East Asian Economies after the 1960s. Cross Country evidence supports the following investment led hypothesis : Korea, Taiwan, Malaysia, Thailand, Japan, Singapore, Hong Kong, and Indonesia experienced high economic growth rates mainly because of their good investment performance. In the early 1960s these eight economies shared a set of good initial conditions. All these economies had a well educated labor force with respect to their income levels. Moreover, the degree of equality in income and land distribution was high around 1960. The skilled labor force increased productivity of investment. The equal income and land distribution contributed to the creation of political stability. In turn, political stability and macroeconomic stability positively affected their investment performance.