Bu çalışmada Türkiye’nin ihracat artışının kaynağı detaylı bir şekilde incelenmektedir. Bu bağlamda, Türkiye’nin ihracat büyümesi sayım yöntemi ve ihracat büyüme oranlarını ayrıştırma yöntemi olmak üzere iki farklı yöntem kullanılarak yaygın ticaret ve yoğun...

Which countries find it optimal to form an economic union? We emphasize the risk-sharing benefits of economic integration. Consider an endowment world economy model, where international financial markets are incomplete and contracts not enforceable. A union solves both frictions among member...

Nowadays, businesses are founded on the law of excluded middle and have to make a choice between two paths: they can either choose to evolve and keep pace with the technological trends, or to stagnate and wither just like a flower without water does, and so they become useless – both ways can...

Although the convergence criteria in the Maastricht Treaty led to the creation of the EMU and the euro area has resisted more than some of its critics believed, in the context of major macroeconomic imbalances, the issue of nominal convergence has been the subject of numerous research. This...

Between 1949 and 1989, communism restricted private entrepreneurship in East Germany, but even after reunification in 1990 entrepreneurship remained low compared to other transition economies. To quantify the determinants of low entrepreneurship in East Germany and its impact on economic...

Pacific economies are confronted with several structural constraints that limit their economic growth, most importantly their small size and remoteness from major world markets. In this paper we study the importance of transport connectivity for Pacific economies when participating in the world...

Nepal's lackluster economic performance during the post-conflict period (that is, after November 2006) has been driven by remittances from the export of labor services and the improved performance of the agricultural sector, which is still very much weather dependent. The authors make the case...

The potential benefit of several regional integration initiatives undertook by African countries in recent years is a contentious issue that is continuously being debated. This article assesses the impact of a free trade agreement between member countries of the Southern African Development...

Due to low bargaining power and scarce resources, small developing states face severe disadvantages in international negotiations and may benefit from bloc formation and intra-bloc migration. Policies are examined in a model where a bloc’s size and welfare impact are determined by...

The Association Agreement between Central America (CA) and the European Union (EU) has three pillars: political dialogue, cooperation, and trade. Nicaragua has the lowest volume of trade with the European continent. Politically, Europe has been a very important companion to lay the foundations...