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This book scrutinizes the last 15 years of exceptional growth in the Turkish economy, and presents a model for sustainable ongoing growth that has particular implications for other key emerging economies. The growth of the Turkish economy in the 2000’s was based on two integrated fundamental factors: fixing deteriorating dynamics and implementing further reforms to stimulate economic activity. This basic formula led to pleasing rates of economic growth, fuelled particularly by domestic private investments along with revived consumption and exports. Driven by political stability established by single party governments in the post-2002 period, an improved economic outlook helped Turkey enjoy...
Precise planning, drafting and vigorous negotiation lie at the heart of every international commercial agreement. But as the international business community moves toward the third decade of the twenty-first century, a large amount of the detail of these agreements has migrated to the Internet and has become part of electronic commerce. This incomparable one-volume work, now in its seventh edition, begins by discussing and analyzing all the basic components of international contracts regardless of whether the contracting parties are interacting face-to-face or dealing electronically at some distance from each other. The work stands alone among contract drafting guides and has proven its endu...
Although negotiation still lies at the heart of international commercial agreements, much of the detail has migrated to the Internet and has become part of electronic commerce. This incomparable one-volume work??now in its sixth edition??with its deeply informed emphasis on both the face-to-face and electronic components of setting up and performing an international commercial agreement, stands alone among contract drafting guides and has proven its enduring worth. Following its established highly practical format, the book’s much-appreciated precise information on a wide variety of issues??including those pertaining to intellectual property, alternative dispute resolution, and regional di...
After the dismemberment of the Ottoman State, even though it lost a huge territory, Turkey chose not to pursue an irredentist foreign policy, and although it was a continuation of the Ottoman State, it did not want to maintain the Ottoman heritage. Instead the Republic of Turkey preferred to follow a pro status quo and a comprehensive Westernist foreign policy orientation. When the Soviet Union threatened Turkey in the wake of the Second World War, Turkey needed to officially be part of the Western world. Therefore, it had to accept the subordination to the liberal Western world and a dependent relationship with the United States due to the requirements of the bipolar world system. In spite ...
As the world is currently in the midst of financial and economic crises, this collection of expert contributions focuses on strategy formation and implementation at various organizational levels to address the challenges ahead. The latest economic turmoil and its ongoing impact on business performance are compelling top managers to develop effective business strategies and redefine the boundaries of their operational and strategic activities. On one hand, tremendous challenges in the competitive business environment have become a source of global threats for many small entrepreneurs. On the other, investors faced with today’s volatile economic conditions demand more gains on their capital ...
The increasing capital flows in the emerging markets and developed countries have raised various concerns worldwide. One main concern is the impact of the sharp decline of capital flows – so-called sudden stops – on financial markets and the stability of banking systems and the economy. The sudden stops and banking crises have been identified as the two main features of most financial crises, including the recent Asian Financial Crisis and Global Financial Crisis. However, how capital flows and banking crises are connected still remains unanswered. Most current studies on capital flows are empirical work, which faces various challenges. The challenges include how data has been collected ...
¿Cómo construir una empresa sólida en un entorno cambiante? Esto es lo que se preguntó Pamela Ayuso cuando puso las bases de su empresa Celaque. Tras su práctica como auditora y controller en Nueva York y la participación como cofundadora y gerente general en una promotora inmobiliaria, Pamela fundó un nuevo negocio que ha crecido gracias el empoderamiento de sus colaboradores y un sistema de 7 pilares: estructura, procesos, sistemas informáticos, métricas, confianza, autoaprendizaje y plasticidad. Esta experiencia se ha sintetizado en Heptagrama: el sistema de las empresas de éxito, un método para diseñar empresas capaces de adaptarse rápida y eficientemente a entornos en constante cambio. Es un libro orientado a empresas de nueva fundación, y también a pequeñas y medianas empresas que quieren seguir una hoja de ruta con garantías de éxito.
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Turkish Economy at the Crossroads: Facing the Challenges Ahead is an exciting new volume of articles from prominent experts, edited by two distinguished economists. Despite its international stature and its diversified open-market economy, the global literature on Turkey is dispersed and sparse. The book aims to remedy this shortcoming by providing readers interested in Turkey with a balanced and up-to-date overview of the economy.Topics discussed include trends in long-term political economy, post-2001 macroeconomic policies, tradable and non-tradable sectors and their impact on income distribution, capital flows and financial imbalances, success and problems of structural transformation at the micro level, characteristics of the labor markets with special emphasis on female employment, Turkey's long lasting but difficult relations with the European Union and possible scenarios for the near future. This unified approach permits to highlight and tackle effectively the challenges and risks Turkey faces in the final and critical stage of transition to a modern developed society.