Turkish Economic Review
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Population Growth and Economic Growth Performance in Nigeria (1981 – 2014)
No full textAbstract. There has been intense debate in the literature on the role of population growth in economic growth performance. Some scholars believe that increases in the population of a nation tantamount to economic progress, others see population increase as a curse rather than a blessing, but a few scholars also believe that population assumes a neutral position in economic growth process. This paper therefore sought to assess the role of population growth in economic growth performance in Nigeria. The study employed time series data for the period 1981-2013. Using Augmented Cobb-Douglass Production Function (gleaning from Solow Growth Model), and relying on error correction modelling framework, the econometric results established the fact that population growth has the potentials of fostering economic growth in Nigeria, but underlined the fact that this and other benefits would depend on, not only the chunk of the entire population that is active, but the quality of the population. Amongst other policy options suggested, it was advocated that policy measures that will foster target-oriented and skill-enhancing education and training should be designed and implemented. Provision of accessible and affordable healthcare for a healthy population was also advocated if Nigeria’s population growth must be advantageous.Keywords. Population Growth, Economic Growth, Human Capital Development, Cointegration, ECM.JEL. C32, H5, N3
An Approach to Assess Sustainability of Agricultural Farms
No full textAbstract. This paper gives an answer to important questions such as: “what is sustainability of farms?” and “how to assess sustainability of farms?”. First, evolution of the “concept” and the major approaches for assessing sustainability of farms is discussed. More adequate definition of the farm sustainability is suggested as ability of a particular farm to maintain its governance, economic, social and ecological functions in a long term. Next, a specific for the conditions of Bulgarian farms framework for assessing farm sustainability is proposed. The later includes a system of appropriate principles, criteria, indicators, and reference values for evaluating governance, economic, ecological and social aspects of farms sustainability as well as an approach for their integration and interpretation. The ultimate objective of this study is to work out an effective framework for assessing sustainability of farms in the specific economic, institutional and natural environment of farms of different types and location, assist farm management and strategies, and agricultural policies and forms of public intervention in agriculture.Keywords.Farm sustainability, Governance, Economic, Social, Ecological aspects, Framework for assessment.JEL. Q10; Q56; R33
Soft Power as a Effect Instruments in Foreign Policy: Turkey's Soft Power Analysis and the Assessment of its Soft Power Capacity on Azerbaijan
No full textAbstract. With the emergence of first political structures of the world, struggles between them gave rise to the concept of power. Since the ancient times, power has played an important role in the concept of international relations and made a significant contribution to the establishment of the discipline as an autonomous structure. The concept of power, which has always maintained its importance, has evolved in time and, for the time being, is known for its rather soft side. In this century, many academic studies that dealt with the soft side of the power have been published, however, while being mentioned in popular publications, the concept has not been favored in the academic publications in Turkey. With this dissertation that is the first study that deals with the soft power within the context of international relations, we intended to contribute to the filling of the void in the Turkish literature. For this purpose, we first discussed the concept of power and the soft power in every aspect. Afterwards, we analyzed the soft power potential of Turkey culturally, politically and within the frame of foreign affairs practices and essentially in the context of Middle East, Caucasus and Central Asia regions. As the soft power sources that may influence the national politics may vary for every country, we chose Azerbaijan as the model of this study and sought for an answer to the question, "How Turkey can possibly/efficiently have the soft power influence over Azerbaijan?". As the hypothesis of the study and the answer of the question, we considered the cultural link between these two countries would constitute the most important and effective soft power source. In the conclusion of the study, we interviewed a group of fifteen Azerbaijanis that consisted NGO members, journalists and academicians thus proved the hypothesis of the study.Keywords. Soft Power, Azerbaijan, Culture, Political Values, Foreign Affairs.JEL. B30, H19, H70, L31, P40
International Congress on Political, Economic and Social Studies
No full textAbstract. International Congress On Political, Economic And Social Studies (ICPESS) was held second of its conference series on August 24-26, 2016, at İstanbul/Turkey. This congress orgnized by Sakarya University and Political, Economic and Social Research (PESA). The purpose of congress is to present their research papers in the areas of politics, economics and Social. Average of five presentations were planned to be delivered in each session. Theme of opening panel on 24 August was "Shadow Economy and Tax Compliance”. In Congress was held parallel sessions in the 2nd and 3rd days. In general, topics of parallel sessions was about social studies, economic studies, islamic studies and political studies. While some of presentations was in English, Turkish presentation was also made. The papers presented in this congress will be considered for publication in the peer-reviewed journals after review process. In terms of importance of the conference was highly informative and to provide significant out comes to its participants.Keywords. Public Economy, Trade, Political Economy.JEL. H50, F10, P16
Consumer Credit, Oil Prices, and the U.S. Economy
No full textAbstract. Have you paid cash to fill up your gas tank lately? Probably not and I argue this is one reason why the U.S. economy appears to have become less sensitive to changes in the price of oil. When gas prices rise drivers have increasingly been able to borrow and firms able to offer incentives making immediate reductions in the purchases of groceries, electronics, cars, and other goods smaller than in the past. This alters the relationship between oil prices and U.S. economic activity, but does not eliminate it the money must be paid back after all.Keywords. oil price, economic activity, credit, consumption.JEL. C00, E20, E51, E60, Q43
Eric A. Hanushek & Ludger Woessmann, Knowledge Capital of Nations: Education and the Economics of Growth
No full textBook Revie
Mathematics of Predicting Growth
No full textAbstract. Mathematical methods of analysis of data and of predicting growth are discussed. The starting point is the analysis of the growth rates, which can be expressed as a function of time or as a function of the size of the growing entity. Application of these methods is illustrated using the world economic growth but they can be applied to any type of growth.Keywords. Growth rate, Differential equations, Gross Domestic Product, Economic growth.JEL. C01, C20, C50, C53, C60, C65, C8
Hans J Pasman, Risk Analysis and Control for Industrial Processes - Gas, Oil and Chemicals: A System Perspective for Assessing and Avoiding Low-Probability, High-Consequence Events
No full textAbstract. This book discusses high-impact low-probability risks (so-called HILP risks) in the gas &oil sector and the chemicals using industries. The text is written in an agreeable style, yet at the same time also suitable for technical experts in risk management and process safety. The book is inclusive, in the sense that a triple perspective is used and the history, the present, as well as the state-of-the-art of dealing with HILP risks is discussed. Both technical and non-technical aspects are thoroughly elaborated, and, wherever possible and useful, linked with hazardous materials data and accident scenario information. The book might be interesting for process safety specialists, but it may also be employed as a handbook or reference work in academia.Keywords. Process safety, Oil and gas industry, Hazardous materials, HILP risks.JEL. D81, L60, O30
