It has been widely documented that the world is classified into at least two economic systems of developed and developing countries according to average GDP levels. The arising research question then is why has development been more proliferate in certain regions of the world and are there any...

Rebound effect refers to the phenomenon that energy savings from improvement in energy efficiency are lower than expected due to unintended second-order effects. The main reason of improving energy efficiency is Technological improvement. According to Khazzoom formula, the rebound effect of...

Foreign direct investment has an important role for developing countries. This study aims to investigate the impact of foreign direct investment on export in Turkey over the period of 1992:01-2014:05. The Johansen cointegration, impulse response functions and variance decomposition techniques...

The aim of the herein paper is to present the level of competitiveness of the Polish economy against the background of the chosen countries in accordance with the standards of the world economic organizations. Such a defined aim determines the scope of the issues of the said paper, which...

Poland joined the European Union in 2004. Accession to the EU resulted in considerable economic, social and political advantages. It also stimulated competitive development of the Polish economy. An attempt was made in the paper to determine Poland's competitive position against the background...

Emerging economies (BRIC) are now on forefront of globalization in the resent scenario. From a financial perspective, globalization has resulted in huge financial flows to these economies that inter-alia include Portfolio investments by Foreign Institutional Investors (FII), Foreign Direct...

The peace process aiming to end violent and long lasting Kurdish Problem in Turkey, has been continuing peacefully for more than two years. When comparing Turkey's peace process to the equivalent cases of Northern Ireland, the Basque and South Africa, it has been much more peaceful despite minor...

Financial deregulations or financial liberalization can be referred to a variety of changes in the law which allows financial institutions more freedom in how they compete. Whether deregulations are beneficial or harmful to the economy has been widely debated.This paper investigates the effect...

The development of the national economy of any country is (besides others) highly addicted to the economic success of its business entities. However, due to the process of trade globalization and market liberalization, the business environment has become more competitive that requires companies...

Current account deficit ise a measurement of a country’s trade in which the value of goods and services it imports exceeds the value of goods and services it exports. Current account deficit has an important role on economic growth for developing countries. The objective of this study is to...