MIDDLE EAST TECHNICAL UNIVERSITY THE FOREIGN DIRECT INVESTMENT AND ECONOMIC GROWTH IN TURKISH ECONOMY A TERM PAPER SUBMITTED IN PARTIAL FULLFILLMENT OF THE REQUIREMENTS OF THE COURSE ECON 466 DEPARTMENT OF ECONOMICS BY VEYSEL ERDEM TORAMAN FALL, 2012 ABSTRACT This paper elaborates on the foreign direct investment and the economic growth in the Turkish economy by surveying literature and constructing empirical analysis. The Turkish economy and its brief history with foreign direct investment
Words: 5756 - Pages: 24
Fitch, one of the big three international rating agency recently downgraded Malaysia’s credit standing. This has highlighted that the government has to improve on its fiscal policy and management. The first step taken by the government was to begin to rationalize subsidies leading to immediate increase in price of Ron 95 by RM0.20. Fiscal consolidation to further strengthen the fiscal position will be the implementation of the controversial goods and service tax( GST ) on April,2015. a) Comment
Words: 2905 - Pages: 12
Mack Robinson College of Business, Georgia State University Master in International Business IB 8090 - International Business Environment Essay Exam # 1 Email: lcavusoglu1@student.gsu.edu 1. GDP per capita as an indicator: What are the limitations of this statistic in the context of emerging markets? GDP per capita is often used as an approximation of a country's prosperity. However, this approximation excludes significant factors such as the distribution of income, home production, underground
Words: 2290 - Pages: 10
Domestic Product (GDP) is the value of all goods and services produced in a geographical region over a period of time (years, quarters, months). GDP growth tells you by how much GDP increased in a given year or quarter. It is usually expressed as a percentage. In normal times, GDP growth is positive. In a recession, it turns negative. Some part of the increase in GDP over a given period may be due to increases in the prices of goods and services (inflation). Real GDP growth tells you
Words: 993 - Pages: 4
prices fall meant for Peru difficulties for the payment of the external debt and a high increase in inflation, reaching a concerning 163% inflation for the last year of the “Sol” (1985). Also, in this year the economy suffered a contraction in the GdP growth: a decrease of 9.3%, the largest one until that moment in the Central Bank records. After this critical period, a new president was elected in 1985: Alan García’s first government would intend to surpass the big economic crisis left by Belaúnde’s
Words: 2920 - Pages: 12
macroeconomic impact of China’s 2009-2010 fiscal stimulus package by simulating a dynamic general equilibrium multi-country model of the world economy, showing that the effects on China’s economic activity are sizeable: absent fiscal stimulus China’s GDP would be 2.6 and 0.6 percentage points lower in 2009 and 2010,
Words: 10764 - Pages: 44
development and per capita income. The total size of the sector at 26.54% of GDP dominates the financial system, which is proportionately large for a country with a per capita income of only about US$370. The non-bank financial sector, including capital market institutions is only 3.22% of GDP, which is much smaller than the banking sector. The market capitalization of the Dhaka Stock Exchange was US$1,025 million or 2.19% of GDP as at mid-June 2002. In contrast, the size of the total financial sector
Words: 1804 - Pages: 8
Government Spending: Stunting GDP growth. Brendan Sookraj Webster University FINC 5830 Fall I 2013 September 07, 2013 Author Note Certificate of Authorship: This paper was prepared by me for this specific course and is not a result of plagiarism or self-plagiarism. I have cited all sources from which I used data, ideas, or words either quoted or paraphrased. Date : __________________________ Signature: Abstract
Words: 709 - Pages: 3
increases in standards of living are a recent phenomenon. • As a result per capita GDP differs remarkably across countries. • The Great Divergence: the period from 1700 to today • Before 1700 – Per capita GDP across countries differed only by a factor of two or three. • Today – Fanning out of per capita GDP – Cross-country it differs by a factor of 50! • From 1870 to 2012, US per capita real GDP rose by a factor of 17. 3.3 Modern Economic Growth The Definition of Economic
Words: 694 - Pages: 3
1. Non-aggregate payroll 2. Personal income 3. Transfer payment 4. Sales | 1. Unemployment rate 2. Duration of unemployment rate 3. Crime rate 4. Loan size | Economic indicator analysis in Bangladesh: Economic prospects The GDP growth forecast for FY2016 is revised somewhat higher still with the expectation that exports will grow with continued economic recovery in the US and the euro area, strong expansion in remittances will boost consumption demand, private and public investment
Words: 597 - Pages: 3
