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While both Turkey and Poland weathered the 2008/2009 crisis relatively well compared to other countries in Central … policy shock. Our Simulation results suggest that both Turkey and Poland exhibit pronounced short- to medium …-run macroeconomic responses to U.S. monetary policy shocks. The responses of Turkey tend to be somewhat stronger than those of Poland …
Persistent link: https://www.econbiz.de/10012993014
Despite the significant academic interest in the economic cohesion, the various aspects of convergence and the ways they can be measured still remain theoretically unclear. These are issues of extreme political significance, especially for countries aspiring for EU and euro area membership. The...
Persistent link: https://www.econbiz.de/10012650896
The EU candidate and potential candidate countries have made considerable progress in economic transition and integration into the world economy within less than two decades. Nevertheless, gaps in terms of income per capita relative to the euro area remain large. This suggests that the...
Persistent link: https://www.econbiz.de/10012772990
, Bosnia and Herzegovina, Kosovo*, the former Yugoslav Republic of Macedonia, Montenegro, Serbia and Turkey. Sound institutions … Turkey, tend to score on average higher than Albania, Bosnia and Herzegovina and Kosovo. While many EU CC/PCC have improved …
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Nominal, real and structural convergence within the EU is a strong topic for the central banks and the European Central Bank. Joining the Economic and Monetary Union is a challenge for both acceding and participating economies. The convergence has a strong economic and political implications for...
Persistent link: https://www.econbiz.de/10013212536
The book explains the reasons for the recent economic success of Turkey by examining the transformation of the private … credit, and ABIGEM, a business center supporting SMEs in Turkey. Turkish Airlines, winner of the Best Airline in Europe award … in 2012, also contributed to the volume through useful information provided by its press office. Turkey’s strategic role …
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