Turkey is the only pluralist secular democracy in the Moslem world and has always targeted herself as being part of the western world and values. Turkey started to establish close economic relations with Europe by the 1963 Ankara Agreement. By 1995, Turkey abolished most of the barriers in her...

Turkey is the only pluralist secular democracy in the Moslem world and has always targeted herself as being part of the western world and values. Turkey started to establish close economic relations with Europe by the 1963 Ankara Agreement. By 1995, Turkey abolished most of the barriers in her...

The Cyprus problem became a subject that not only threatens the acceptance of Cyprus to the European Union but the whole enlargement process as well. Greece strongly supports the acceptance of Cyprus to the Union even without a solution to the Cyprus problem. On the other hand, other EU members...

The Turkish economy has experienced high and persistent inflation rates in the last two decades. This inflation has persisted despite many unsuccessful stabilization policies, which have caused volatility in macro-economic indicators. The main aim of this paper is to analyze the impact of...

Education in every sense is one of the fundamental factors of development. No country can achieve sustainable economic development without substantial investment in human capital. Education enriches people’s understanding of themselves and world. It improves the quality of their lives and...

The World Bank (WB) was found in accordance with the Bretton Woods agreement in 1944 with the mission of assisting post war reconstruction and alleviating poverty. The WB is an international institution that aims to expand development through the allocation of loans in developing countries with...

This paper examines the stationarity of real GDP per capita for 27 OECD countries during the period 1950 to 2004. Using ADF unit root test on single time series, it is found that real GDP per capita series of most OECD countries have unit root. This outcome, however, might be due to the...

This paper examines the effects of exchange rate volatility on the export of Turkey in the context of cointegration model over the monthly period of 1989:01-2002:08. The major results show that increases in the volatility of the real exchange rate, approximating exchange-rate uncertainty, exert...