Journal of International Trade, Logistics and Law (JITAL - İstanbul Commerce University)
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The Relationship between the Real Effective Exchange Rate and Industrial Production in the Turkish Economy
Get PDFThe industrial sector is one of the key sectors for the Turkish economy in terms of production, employment and exports. The volatility in the exchange rate in the Turkish economy has important effects on industrial production, as well as many economic variables. The main purpose of this study is to empirically analyse the effects of real effective exchange rate on industrial production for the Turkish economy in the 2009M08-2022M01 period. According to the results of the study, the real effective exchange rate adversely affects the industrial production in the Turkish economy. Other things being equal, the depreciation of the domestic currency increases the foreign demand for industrial products, in line with the economic theory. Considering these relations between real effective exchange rate and industrial production while designing economic policies is important for sustainable economic growth.
Is International Trade an Indispensable Instrument of Foreign Policy?
Get PDFThe article proposes that international trade is an indispensable instrument of foreign policy and DEİK’s governmentalization is the epitome of this instrumentalization. The case is unique in that a state appropriates an NGO whose mission is international trade. The research enquires about the validity of the assumption of trade’s indispensability for foreign policy and vice versa. An in-depth interview methodology is assumed to configure causality. The hypothesis argues, that if institutionalized international trade’s indispensability for foreign policy is true, then this direct state intervention is suggestive of the degree of importance, that international trade and foreign policy have, vis-à-vis each other. This act of governmentalization, again by the unique way it was effectuated, the new status created, seems to render all underlying causes other than the significance given to institutionalized trade as an instrument of foreign policy and vice versa, rather marginal. The case is not only a de facto but also a de jure act of instrumentalization
Companasation System and Employees Motivation in Commercial Bank of Ethiopia: Evidence from Duna Branch
No full textCommercial bank of Ethiopia seeks to obtain maximum level of performance from bank employees. Compensation system is a key to enhances employees’ motivation and performances. Employees motivation also a crucial in human capital and resource management. Therefore, this study was aiming to investigate the role of compensation system on employee′s motivation in the Commercial bank of Ethiopia. For the study total 55 sample was determined. The research was applied primary and secondary data. Primary data was collected through questionaries and interviews. Descriptive and inferential data analysis method was conducted. The result presented that out of 100% employees, 83.64% employees received compensation in the study branch. Hence, compensation system and practice positively and significantly associated with employee’s motivation and good performance. Commercial bank of Ethiopia under research should focus on enhancing compensation systems, practices, and policies implemented in the bank
The Effects of Stakeholder’s Involvement on Performance of Public Authorities in Delivering Water Services in Tanzania: Lesson from Dawasa
Get PDFThe significance of stakeholders involvement towards the performance of public authorities brought several debate in the country. This study established the effect of stakeholders involvement on performance of public authorities in delivering water services in Tanzania. The study adopted a cross sectional design on a sample of 52 respondents obtained through stratified sampling and simple random sampling technique. Data were collected through questionnaire, interview and documentary review and analyzed quantitatively and qualitatively. Quantitative data was analyzed through descriptive statistics, frequency, percentage and inferential statistics analysis while Qualitative data was analyzed through content analysis. The study found that stakeholders had a positive and significant effect on the performance of public authorities in delivering water services in Tanzania. Therefore, it was concluded that stakeholder is a prerequisite for the performance of public authorities in delivering water services. The study recommended that DAWASA should have stakeholders’ in different program in order to facilitate performance in water service delivery. Since factors affect performance of public authority in delivering water services are many and diverse, this study focused only one predominant factor (stakeholder’s involvement). Hence, the finding of this study should not be generalized beyond that particular unit of inquiry. Other studies should be conducted to ascertain the extent to which other factors such as organisational resources, management, and technology effect performance of public authority in delivering water services in Tanzania.
Evaluation of Green Human Resources Management within the Scope of Corporate Social Responsibility
Get PDFThe increase in environmental problems in recent times points to the need for organizations to have a corporate environmental awareness of sustainability and environmental responsibilities. Environmental awareness practices can also be considered as social responsibility practices. In this regard, it is very important that human resources practices support the environmental goals and sustainable resources of the organization and be seen as a corporate social responsibility tool. This study aims to contribute to the field by scanning the conceptual literature on the evaluation of green human resources management and practices within the framework of corporate social responsibility
The Role of International Trade in the Development of the Countries
Get PDFOur study aims to investigate the impact of foreign trade on economic growth and welfare of a country, using foreign trade volume and its coverage (i.e. export versus import) ratio representing foreign trade while gross domestic product per capita and purchasing power parity represent economic growth and welfare. Knowing that foreign trade boosts the whole economy, gross domestic product (GDP) per capita is a good indicator of an economic output but does not reflect the differences in the cost of living of countries. The challenge in this study is to develop more complementary indicators that can help bridge the gap between GDP per capita and economic well-being. Purchasing power parity (PPP) compares different countries’ economic output using a standardized metric based on a common basket of goods and services. Using PPP exchange rates in addition to a country's gross domestic product (GDP) may help to provide a more detailed picture of a country's economic health. Multiple regression analysis was utilised to test the hypotheses of this study. Secondary data was used in this study. The analyses were performed with SPSS. As a result of the data analyses and tests of hypotheses conducted in this study, it has been empirically proven that foreign trade volume and export/import coverage ratio have positive impact on gross domestic product per capita which has a significant impact on purchasing power parity
Green Marketing and Its Impact on Consumer Buying Behavior
Get PDFEnvironmental awareness is growing, as is consumers’ interest in ecologically friendly products. As a result, businesses have adopted green marketing methods to fully use resources by decreasing waste, accomplishing organizational goals, and adhering to environmental regulations. This study aims to look at how green marketing and the marketing mix have evolved through time. Furthermore, this study focuses on consumers purchasing habits regarding green products. The primary goal of this questionnaire is to determine the impact of green marketing on consumers’ awareness of the green product in Yemen. It’s a descriptive-analytical approach to achieve the research objectives and the study tool is a questionnaire. The questionnaire is made up of twenty items. Within the participants it is found that the actuality of green marketing mix elements was high, with the green product element coming top, followed by green promotion, green pricing, green place, and finally green product. Furthermore, it’s found that consumers’ knowledge of green products is quite strong and that there is a statistically significant influence of green marketing mix elements on environmental consumer awareness, culture, directions, and behavior. The study is made in Yemen and this makes the study unique. It is offered a series of suggestions as a highlight of the study results, including the need for enterprises to provide numerous green options and satisfy consumers in Yemen
The Impact of Political Factors on Economy and Business in Turkey
Get PDFThe goal of this research is analyzing the impact of politics on business and economy in Turkey. How influencial are political factors for managers with respect to accretion of the companies? What is the dimension of political consciousness of managers and employees and what kind of regulations can be made? The study is going to enlighten answers to these questions. Total 37 SME managers attended in the study. After collecting the qualitative data within surveys, it was interpreted as quantitative extent through SPSS program. In addition to the normal dispersion and reliability of the data; t-Test, ANCOVA, ANOVA and linear correlation analyses were practiced. Findings demonstrated that the managers of SMEs consider the political factors and they are impacting positively. In regard to categorical variables, mostly bachelor degree graduates, young and middle-aged, both male and female participants indicated that politics is effective on economy and business, but when the detailed statistical analysis is examined between the variables, any significant data cannot be observed
The Effects of the Russia - Ukraine War on Global Trade
Get PDFThe Russia’s invasion of Ukraine has created a catastrophic humanitarian crisis and threatened the stability of geopolitical relations. The war has added to mounting concerns about a sharp slowdown in global growth, a rise in inflation and debt and a surge in poverty. The economic impact of conflict has rippled through various global channels, including commodity and financial markets, trade and migration links and confidence. The aim of this research is to reveal the effects of the Russia-Ukraine war on the global economy. While examining the economic impacts of the war in the research, the reports of organizations such as OECD, World Trade Organization, World Bank, UN, IMF, UNCTAD were used. According to the reports, it is possible to say that the conflict between Russia and Ukraine will affect the global economy via three main channels: financial sanctions, increase of commodity prices and supply chain disruptions.
Relevance of African Socio-Cultural Values in Curbing Corruption in Public Procurement
Get PDF The paper aims at determine the relevance of African socio cultural values in curbing corruption in public procurement. The hypotheses tested in this study were adopted from review of literature in a cross sectional study. Confirmatory Factor analysis was used to confirm, reduce and simplify data, in regression models and test the existence of well-defined dimensions of African socio-cultural values in curbing corruption in public procurement. The empirical findings indicate that of the three variables which are social values, cultural value and self efficacy are significant factors in influencing transparency, accountability and ethical compliances in curbing corruption in public procurement. The implication of the findings indicate that for curbing corruption in public procurement to be improved, focus needs to be placed on inclusion of socio cultural values in public procurement reforms.