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  • Küçük Resim
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    How globalized is the Turkish economy?
    (Int organization center acad research, 2014-02-03) Şen Taşbaşı, Aslı
    This paper aims at analyzing the economic dimension of the pace of globalization for Turkey by using the KOF Index of Globalization between the years 2005 and 2012. Indices and variables to be taken into consideration are classified into two sub-categories as data on actual flows and data on restrictions. Data on actual flows include foreign trade, foreign direct investment, stocks, portfolio investment, and income payments to foreign nationals. Hidden import barriers, mean tariff rate, taxes on international trade and capital account restrictions are the variables which will be assessed while evaluating the economic restrictions. The paper is finally going to compare and discuss alternative globalization measures.
  • Küçük Resim
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    What is Turkish economy currently telling us a comparative analysis of trade and labor market indicators
    (Athens Institute for Education and Research, 2011-12-22) Soykut Sarıca, Pınar; Şen Taşbaşı, Aslı
    In the aftermath of the 2007-2008 financial crisis, several economies including developed ones have experienced reductions in growth which can be attributed to falls in trade, commodity prices, investment and employment. In this context, this paper ascertains the current dynamics of trade and labor market in Turkey for the years 2007 to 2011 and presents an overview of the main mechanisms through which the crisis is impacting the country. We first evaluate the key indicators of the labor market, namely labor force participation rate, employment-topopulation ratio, employment by sector, hours of work, unemployment rate, working age population and wages. We then investigate the main trade indicators, i.e. trade of goods and services, current account deficit and balance of payments. By building a comparative perspective, we attempt to highlight some policy options available to countries confronting the crisis in order to have positive outcomes such as employment generation, improving aggregate welfare and a sound economic recovery.