Sebanyak 2 item atau buku ditemukan

Political Economy of Economic Growth: A Cross Comparison of Egypt and Turkey

Seminar paper from the year 2014 in the subject Economics - Macro-economics, general, grade: A3, Hacettepe University (Department of Economics), course: International Political Economy, language: English, abstract: Growth economics is the branch of economics answering questions related to what are determinants of economic growth; whether is it possible to reach a maintainable growth rate on the long run, if it is preferable to let governments interfere in market performance in order to fasten rates of economic growth. Harrod and Domar attempted to answer these questions through applying Keynes economics for economic analysis. They found that savings and investments stable rates are the key for rapid long term growth especially in developing countries. Therefore, government intervention was needed to help stimulate savings and investments. Years later, Solow and Swan attempted to answer same questions through their neoclassical growth model. In this model, it was assumed that a maintained rising saving rates leads to transition from slow growth into fast growth path. This meant a focus on technological progress. However, part of the growth was not explained by growth in production factors which are capital and labor. Solow stated that this unexplained factor was the residual or total factor productivity. Therefore, government policies were assumed to be effective on aggregate output not on growth rates.

Seminar paper from the year 2014 in the subject Economics - Macro-economics, general, grade: A3, Hacettepe University (Department of Economics), course: International Political Economy, language: English, abstract: Growth economics is the ...

FDI and Economic Growth in Developing Countries. A Cross Comparison between Egypt and Turkey’

Seminar paper from the year 2014 in the subject Economics - Macro-economics, general, grade: A1, Hacettepe University (Faculty of Economics), course: Seminar ''Master Degree'', language: English, abstract: International trade and international investment flows has been a main feature of the globalization era. However, international flows of goods, services, labor, and knowledge among national borders is not a recent phenomenon. Since World War II, most countries attempted to increase the rates of their international trade flows due to the increased impact of foreign firms investing on their economic performance. When firms go international, they benefit from the increased international competition, and learn from their global operations. Moreover, these firms can help their domestic economies by providing foreign currency, enhancing domestic productivity, and employment opportunities which positively affect the national trade deficit.

Seminar paper from the year 2014 in the subject Economics - Macro-economics, general, grade: A1, Hacettepe University (Faculty of Economics), course: Seminar ''Master Degree'', language: English, abstract: International trade and ...