scholarly journals The Impact of Housing Loans on Economic Growth in Turkey: Times Series Analysis for 2010-2015 Period

2017 ◽  
Vol 7 (1) ◽  
pp. 25-30
Author(s):  
Gülay Selvi Hanişoğlu ◽  
Özlem Arzu Azer
Keyword(s):  
Economic Growth ◽  
Construction Industry ◽  
Economic Crisis ◽  
Foreign Currency ◽  
Times Series ◽  
Turkish Economy ◽  
Global Economic Crisis ◽  
Housing Industry ◽  
Times Series Analysis ◽  
The Impact

Turkish economy has a growing trend after the 2000-2001 economic crises, although ups and downs were experienced in some periods. Some of the important components of Turkish economy are the construction industry and the related housing industry. The construction industry in Turkey has a multiplier effect in the economy since it uses domestic inputs and creates jobs for the labor. Also, the construction sector actors operate overseas and enable inflow of foreign currency to Turkey, thus fostering economic growth. In the recent years, foreign funds and overseas firms have an increasing interest in Turkish construction industry. The Turkish housing industry as one of the leading components of construction industry has also experienced eye-catching developments in the recent years. Definitely, the Turkish housing industry is now much more competitive compared to former years. The global economic crisis of 2008 originated from the housing industry and had devastating effects all over the world. However, the 2008 global economic crisis had relatively lighter effects in Turkey. Parallel to the improvements in construction and housing industries, several financial alternatives exist today. Banks have diversified their credit products considering the needs of consumers. Moreover, the mortgage law going in effect and the mortgage practices becoming popular have contributed to the progress of housing industry. This study analyzed the effect of housing loans and their diversification on economic growth. The research concentrated on the 2010-2015 period, where the impact of 2008 global crisis has diminished.

scholarly journals Impact of 2008 Global Economic Crisis on Youth Unemployment: An Application to Turkey

2020 ◽  
Vol 8 (11) ◽  
pp. 2334-2338
Author(s):  
Mehmet Arif Şahinli ◽  
Ahmet Özçelik ◽  
Hüseyin Tayyar Güldal
Keyword(s):  
Economic Growth ◽  
Economic Crisis ◽  
Empirical Studies ◽  
Youth Unemployment ◽  
Dummy Variables ◽  
Turkish Economy ◽  
Global Economic Crisis

In recent years, youth unemployment in Turkey is the effect of economic growth on employment and unemployment. When we search studies for employment and unemployment in the literature, we can’t find many empirical studies for the Turkish economy. In order to contribute about this subject, we try to search the effect of economic growth on youth unemployment for the Turkish economy for the period of 1998-2016 employing Dummy variables. Especially, we found that, increasing effect of economic growth on youth unemployment.

IMPACT OF COVID-19 ON THE GLOBAL ECON

2020 ◽  
Vol 3 (11) ◽  
pp. 126-131
Author(s):  
M. P. VAKHROMEEVA ◽  
Keyword(s):  
Economic Crisis ◽  
Global Economic Crisis ◽  
World Economic ◽  
Coronavirus Infection ◽  
National Economies ◽  
The Impact

The article examines the impact of the coronavirus infection COVID-19 on world economic processes, analyzes the ways out of the global economic crisis, analyzes approaches to the restoration of national economies.

scholarly journals Anti-crisis state regulation of business under pandemic conditions: results and challenges

2021 ◽  
Vol 187 (1-2) ◽  
pp. 90-98
Author(s):  
Nadezhda Shchukina ◽  
◽  
Victoria Varfalovskaya ◽  
Anna Bekaeva ◽  
Luis Salinas ◽  
...  
Keyword(s):  
Economic Crisis ◽  
State Regulation ◽  
Critical Situation ◽  
Global Economic Crisis ◽  
The Government ◽  
Medium Businesses ◽  
The Impact

The purpose of the research is to identify the main trends and also a model for businesses during COVID-19 pandemic. We focuse on the study of the results of state regulation of business under pandemic conditions and the related global economic crisis. The impact of a number of anti-crisis measures implemented by the Government to support small and medium businesses is studied. The problems of development and survival of enterprises in a down economy are identified and the solutions are suggested. The measures taken by the government to prevent wave of bankruptcies during the pandemic are analyzed. The scenario problems facing the business in the context of COVID-19 crisis are identified. In addition to examining the effect of COVID-19 on small and medium-sized businesses, this article also suggests operational steps to overcome this critical situation.

scholarly journals Measuring Economic Development and the Impact of Economic Globalisation

2020 ◽  
Vol 15 (3) ◽  
pp. 185-207
Author(s):  
Roukanas Spyros
Keyword(s):  
Political Economy ◽  
Economic Development ◽  
Economic Crisis ◽  
Field Of Study ◽  
Global Political Economy ◽  
Development Index ◽  
Global Economic Crisis ◽  
National Economies ◽  
The Impact ◽  
Economic Globalisation

Abstract The aim of this article is to measure economic development and the impact of economic globalisation under the prism of global political economy. Global political economy is a field of study that has its roots in international relations. The growth of world economic transactions after the collapse of the Bretton Woods system in the 1970s created the need for a new field of study, in order to explain the interdependence between politics and economics on the international level. Global political economy is the field of study that also examines the implications of economic globalisation for national economies and for the global economy. The concept of economic development is broader than economic growth, which is related to GDP growth. The concept of economic globalisation has changed the prospects of economic development for certain developed and developing economies. The main changes of economic globalisation are closely related to the following aspects of national economies: trade, finance, and production. The analysis of this article will reveal the effects of economic globalisation on different aspects of economic development. These aspects are studied under the prism of indexes such as Financial Development Index, openness to trade, Human Development Index, the GINI Index and other inequality indexes. The aftermath of the global economic crisis of 2007-2008 placed at the epicentre the interdependence of national economies and the issue of economic inequalities. The study of the aforementioned indexes will highlight the alterations that have occurred from the manifestation of the global economic crisis until today. The article is focusing on the following countries: China, Germany, Greece, and the United States for the last decade (2009-2019), on the basis of the available data.

scholarly journals The Prospect of Eurasian Integration After the Great Global Economic Crisis of 2008-2020

2021 ◽  
pp. 19
Author(s):  
Vasily Koltashov
Keyword(s):  
Economic Crisis ◽  
Global Capitalism ◽  
Interstate Cooperation ◽  
Eurasian Economic Union ◽  
Production And Consumption ◽  
Global Economic Crisis ◽  
The Face ◽  
Economic Union ◽  
The Impact ◽  
The Relationship

The article examines the impact of the great global economic crisis of 2008-2020. on Eurasian integration, the relationship between the old and the new center of global capitalism. An analysis is made of what results, for what reasons and how the further construction of the Eurasian Economic Union (EAEU) will lead in the face of the unfriendliness of Western states and a simultaneous crisis of their strategy in the economy and politics. Namely: the formation of a large continental market, a stable system of interstate cooperation, the implementation of an interethnic protectionist policy that encourages production and consumption within the EAEU. The prospect of such development makes the project attractive for countries outside Eurasia, which leads to the birth of the Eurasian consensus as an international economic and political agenda.This will largely become decisive for the global economic agenda for 2021-2045, that is, for the period of a new upward wave according to N.D. Kondratyev.

A Study on the Impact of Industrial Concentration on the Economic Growth Based on the Analysis of Gini Coefficient of the Construction Regions

2010 ◽  
Vol 29-32 ◽  
pp. 2703-2708
Author(s):  
Xiao Zheng ◽  
Zhen Ning Liu
Keyword(s):  
Economic Growth ◽  
Regression Analysis ◽  
Construction Industry ◽  
Gini Coefficient ◽  
Local Communities ◽  
Local Economy ◽  
Industrial Concentration ◽  
Southeast China ◽  
The Impact

This paper reveals the concentration status of the construction industry in the 8 provinces of southeast China, its impact on the local communities, and proposes a tentative plan to stimulate local economy through industrial concentration based on the measurement and calculation of Gini coefficient in the 8 provinces and regression analysis of their population and output of steel and concrete.

ANTI-CRISIS STATE REGULATION OF BUSINESS IN THE CONTEXT OF A PANDEMIC: RESULTS AND PROBLEMS

2021 ◽  
Vol 1 (4) ◽  
pp. 73-79
Author(s):  
E. V. KHOMUTOVA ◽  
◽  
N. F. SHCHUKINА ◽  
Keyword(s):  
Economic Crisis ◽  
State Regulation ◽  
The State ◽  
Global Economic Crisis ◽  
The Government ◽  
The Impact

The article is devoted to the study of the results of state regulation of business in the context of a pandemic and the associated global economic crisis. The impact of the system of anti-crisis measures, implemented by the Government of Russia, to support small and medium-sized businesses has been studied. The problems of development and survival of enterprises in a crisis economy are identified and the ways of their solution are proposed. The measures taken by the state to prevent massive bankruptcies during the pandemic are considered.

Causes of Growth of Turkish Economy

2016 ◽  
pp. 127-165
Author(s):  
Milenko Popovic
Keyword(s):  
Economic Growth ◽  
Economic Crisis ◽  
Growth Analysis ◽  
Capital Account ◽  
Long Run ◽  
Turkish Economy ◽  
Policy Measures ◽  
Proximate Causes

This chapter provides an analysis of the proximate causes of growth of the Turkish Economy. Previous researches on this issue have been not only critically reviewed but also used to provide some additional insights on long run growth of Turkish economy. Emphasis of the paper is, however, on causes of growth in the era of globalization. Sources of growth have been analyzed for different sub-periods of this era in order to see how different reforms, like trade and capital account liberalizations, economic crisis and post-crisis policy measures and similar have influenced economic growth of Turkey from 1980 till 2013. Apart from conventional sources of growth analysis, demand and industry side sources of growth analysis have been also given. A lot of interesting insights have been obtained from these analyses.

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