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Participation banks have been operating as a third kind of banks as well as deposit banks and development/investment banks in Turkish Banking System since 1985. Participation banks are operating according to Islamic principles. Therefore, they do not use interest in collecting and utilizing...
Persistent link: https://www.econbiz.de/10013097500
2008 global financial crisis, as well as all over the world, our country also affect the rate of inflation was decreasing. The following factors have been effective in the severe decline in inflation experienced: the contraction in domestic demand, the contraction in external demand, the decline...
Persistent link: https://www.econbiz.de/10013097505
The global economic crisis began in 2008 has had major negative effects the economies of all countries in the world. Turkey is also one of the very seriously affected countries by the crisis. However, effects of the global crisis on Turkish Banking Sector remained relatively limited compared to...
Persistent link: https://www.econbiz.de/10013097506
Discretionary fiscal policies have arisen because of dominant Keynesian economic policies from 1930's to 1970's. Public expenditures intensively and excessively increased in order to ensure macroeconomic stability during this period. Many countries faced the emergence of macroeconomic problems...
Persistent link: https://www.econbiz.de/10013097507
1970's financial liberalization has been followed by the liberalization of commercial markets in the process of globalization. Liberalization of financial markets has caused the acceleration of capital flows and the increase of their volume. Capital that flows to developing countries suffering...
Persistent link: https://www.econbiz.de/10013097509
Nigerian government has put in considerable effort at improve bilateral relation in the economy; its net effect is yet unclear. This raises concerns about the tradeoff benefit between trade openness as a proxy to globalization and contributions to the manufacturing output in Nigeria.This study...
Persistent link: https://www.econbiz.de/10012862082
The empirical relationships between labour wages, unemployment rate and the labour productivity index in New Zealand's construction sector (for the period of 1983–2017) were investigated. The Johansen cointegration test and vector error correction mechanism were used to determine the existence...
Persistent link: https://www.econbiz.de/10012862085
Human capital is one of the most important source for economic development and economic progress in a country. Of course, the quality of human capital will be determinative of the economic development and economic progress. Education, on the other hand, is the most important and the initial step...
Persistent link: https://www.econbiz.de/10012932943
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