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Turkey is among top ten countries in the world tourism market in terms of international tourist arrivals and … international tourism revenues. Tourism sector has grown rapidly over the last three decades and emerged as an important foreign … exchange earner. It is argued that tourism creates opportunities for employment and contributes to economic growth and …
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This chapter reviews the experience of computable general equilibrium (CGE) models from the perspective of how they have, or have not, influenced public policy in developing countries. The paper describes different classes of empirical models from small, stylized to large, multisectoral applied...
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The paper assesses the global effects of brain drain on developing economies and quantifies the relative sizes of various static and dynamic impacts. By constructing a unified generic framework characterized by overlapping-generations dynamics and calibrated to real data, this study incorporates...
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