significantly Russia, Turkey and Persia. Because of its strategic importance, it was subject to repeated invasions. Together with … agriculture-dependent regions. 15 Notably, the capital city, Tbilisi, and the region bordering Turkey, Achara, 16 are better … from the unique economic advantages of controlling the borders with Turkey, with which most private trade is conducted …

, Morocco, Pakistan, Peru, Philippines, Poland, Portugal, South Africa, Spain, Sri Lanka, Thailand, Tunisia, Turkey, Uruguay … not capture many countries that have experienced boom-bust cycles (such as Chile, Mexico, and Turkey). Kurtosis could in …,ini is the initial level of GDP per capita; X it is a vector of control variables that includes initial human capital, the …

, Morocco, Pakistan, Peru, Philippines, Poland, Portugal, South Africa, Spain, Sri Lanka, Thailand, Tunisia, Turkey, Uruguay … not capture many countries that have experienced boom-bust cycles (such as Chile, Mexico, and Turkey). Kurtosis could in …,ini is the initial level of GDP per capita; X it is a vector of control variables that includes initial human capital, the …

, Poland, Sweden, Switzerland, Turkey, UK and all geographic segments indicating Europe in general or any combination of … countries after the introduction of the Euro (Panel B). The larg- est increases occur in Finland (10.3 to 43.4) and Turkey (53 …

.............................................................................................................. 209 X Figure C.26 Cultural Classification of Indian Management …

.............................................................................................................................................. 155 Turkey …

substantially to US monetary policy shocks – in particular those in Hong Kong, Indonesia, Korea and Turkey among emerging markets … shocks. By contrast, other emerging markets – for instance Hong Kong, Indonesia, Korea and Turkey – react very strongly to …

, technological innovation, changes in the regulations of international trade, wars, socio-political conflicts, etc). These …: quarterly ones (q) and yearly ones (a). The txvariables are trends that start the x year and are zero for former periods. 6 70 …22 the respective sample variances. The null hypothesis of equality of the mean is accepted if X1 ¡X2 belongs to the …

, technological innovation, changes in the regulations of international trade, wars, socio-political conflicts, etc). These …: quarterly ones (q) and yearly ones (a). The txvariables are trends that start the x year and are zero for former periods. 6 70 …22 the respective sample variances. The null hypothesis of equality of the mean is accepted if X1 ¡X2 belongs to the …