TR-Dizin İndeksli Yayınlar Koleksiyonu / TR Dizin Indexed Publications Collection
Permanent URI for this collectionhttps://hdl.handle.net/20.500.11779/1927
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Article Borders of socio-economic development in Türkiye(Türkiye Ekonomi Kurumu Vakfı, 2024) Karahasan, Burhan Can; Karahasan, Burhan Can; 04.01. Department of Economics; 04. Faculty of Economics, Administrative and Social Sciences; 01. MEF UniversityTurkish economy is characterized by a dual regional structure. Historically, western regions form the relatively more developed and rich geography of the country. In the meantime, landlocked eastern regions are realizing a period of marginalization pushing majority of these regions toward full isolation from rest of the country. Our knowledge on this dual pattern departs mostly from monetary indicators. In this study, I use the socio-economic development index (SDI) which is first constructed by the State Planning Organization (SPO). The main objective is to use spatial tools for the period of 1963-2017 and to explore the historical evolution of spatial externalities and heterogeneity. This aims to visualize the socio-economic borders of Turkish provinces. While our findings confirm the spatial inertia for the under-developed eastern regions, they also show rising spatial spillovers among the developed western geography. However, this positive impact is geographically bounded by the central part of the country.Article Central Bank Digital Currency in an Emerging Market Economy: Case of the Central Bank of the Republic of Türkiye(2024) Asfuroğlu, Dila; Asfuroğlu, Dila; 04.01. Department of Economics; 04. Faculty of Economics, Administrative and Social Sciences; 01. MEF UniversityCentral banks have historically been using traditional channels for communication and physical money for transactions, fulfilling the needs of previous millennia, while the evolution of technology, electronic devices, and needs in transactions necessitate the use of modern communication channels, such as X (formerly known as Twitter), as well as modern payment systems, such as central bank digital currencies (CBDC). Hence, this paper aims to unfold where the Central Bank of the Republic of Türkiye (CBRT), as an example of emerging markets, stands in informing the public about CBDC. To this end, it conducts an event study on the official X account of CBRT in English over 10.2020-12.2022 by utilizing Nvivo. The findings of the quantitative analysis of the tweets show that CBRT does not regard X as a primary communication channel and mainly shares links to publications from the official websites in X. Also, CBRT tends to adopt a ‘cold-turkey’ informative approach about CBDC with the public rather than ‘gradualism’. Consequently, CBRT should rigorously design a communication strategy that fulfills the needs of the modern economy and start addressing CBDC to raise awareness if a quick transition to digital currency is targeted.Article A Comparative Analysis on the Relationship Between Institutional Environment and Entrepreneurship in Emerging Economies(2018) Karadağ, Hande; Karadağ, Hande; 04.03. Department of Business Administration; 04. Faculty of Economics, Administrative and Social Sciences; 01. MEF UniversityInstitutional environment plays an important role in the quality and nature of entrepreneurial activities and the development of entrepreneurship ecosystem. The aim of this research is to evaluate institutional factors of selected emerging markets with Global Entrepreneurship and Development Index data. Findings of the study indicate that Turkey has one of the lowest scores among other emerging markets for the institutional variable of staff training and also has comparably low scores in venture capital, business strategy, and technology transfer. Results of the study show that except South Korea, all the selected economies have scored low on the institutional variable of gross domestic expenditure on research and development as a percentage of the gross domestic product. The study is expected to make valuable contributions to the literature with its novel approach of using comparative Global Entrepreneurship and Development Index scores for analyzing the institutional environment and entrepreneurship relationship in emerging economies.