Empirical results on the link between financial development and economic growth is mixed in Turkey. However, existing … extended periods. As a consequence of such instabilities, Turkish economy has shown frequent growth accelerations and collapses … the role of overall macroeconomic instability and public borrowing on finance-growth nexus in Turkey by using time series …

the link between economic growth and structural transformation in Turkey. The study begins by reviewing and evaluating the … economic growth on the basis of a multi–sector growth model. The study compares the structural transformation process in Turkey …-sectoral economic policy suggestions in order to raise economic growth. …

Chenery’s factor decomposition method is used to analyse the sources of growth, by sector, in South Africa from 1970 to … 2007. Using input-output data, the growth of each sector is decomposed into components associated with export growth …; import substitution; growth in domestic demand; and growth in intermediate demand. The results highlight the dependence on …

While South Africa’s growth performance has improved somewhat in recent years, it has generally been poor over the … past few decades. This article uses Chenery’s factor decomposition method to analyse the sources of growth in South … Africa from 1970 to 2007. Using input-output data, the growth of each subsector is decomposed into components associated with …

This study contributes in bridging the dichotomy between economic growth and business cycle paradigms by providing … dynamic characterisation of the link between economic growth, risk aversion, uncertainty and variability in industrial … variability of business cycle components aid to contract growth. In contrast, ambiguous relationship exists between variability of …

There are compelling reasons to believe there is an unhealthy growth imperative inherent in private enterprise market … systems that threatens the environment. Unfortunately, many who criticize a dysfunctional growth imperative fail to make a …€™ arguments and instead assume their conclusions, and offers an alternative defense of the unhealthy growth imperative hypothesis …

We discuss the two-way link between culture and economic growth. We present a model of endogenous technical change … where growth is driven by the innovative activity of entrepreneurs. Entrepreneurship is risky and requires investments that … growth rate of the economy depends on the fraction of the population choosing an entrepreneurial career. How many …