In the mid-1950's, Turkey was a much richer country than Korea. With about the same population, Turkish GNP was about …

following Turkey's financial crisis in 2001, but then started moving in the opposite direction in the second half of 2000s. This … military's influence and the broadening of effective political participation. As Turkey-European Union relations collapsed and …-paced and lower-quality growth Turkey has been experiencing since about 2007 …

and investment. However, for growth, higher inequality tends to retard growth in poor countries and encourage growth in …

This paper looks at the patterns of causation between income, export, import, and investment growth for 25 developing …

when institutional quality is instrumented. Finally, the experience of Hong Kong, which has had a flat investment ratio … since the 1960s, is consistent with the idea that making the transition from a low-investment economy to a high-investment …

We document regularities in the distribution of relative incomes and patterns of investment in countries and over time …. We develop a quantitative version of the neoclassical growth model with a broad measure of capital in which investment … slowest growing countries in the model have growth rates and investment-output ratios similar to those in the data. In both …

politico-economic environment, reduces investment. As a consequence, income inequality and investment are inversely related …. Since investment is a primary engine of growth, this paper identifies a channel for an inverse relationship between income … are investment and an index of socio-political instability. Our results are robust to sensitivity analysis on the …

argued in two papers that the link between equipment investment and economic growth across countries is stronger than can be … generated by the Solow model. Accordingly, they conclude that such investment yields important external benefits. However, their … externalities to equipment investment. In particular, we find that the empirical link between investment and growth in the OECD …