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on Central and Western Asia |
| By: | Nader Habibi (Brandeis University) |
| Abstract: | Turkish TV dramas (which are equivalent to soap operas in Western countries) have gained popularity in several countries in the past decade. They generate the largest amount of cultural export revenues and increase tourist interest in Turkey. Despite this positive contribution the TV drama industry does not receive adequate support from the Turkish government. The Turkish government must increase its financial and regulatory support for this industry. It should also create an independent committee of experts to review the TV drama projects that apply for government support. |
| Date: | 2015–01 |
| URL: | http://d.repec.org/n?u=RePEc:brd:wpaper:84&r=cwa |
| By: | Ayhan, Sinem H. |
| Abstract: | This paper analyzes the labor supply response of married women to their husbands' job losses (Added Worker Effect) due to the recent economic crisis in Turkey. Identification is achieved by exploiting the exogenous variation in the output of male-dominated sectors hard-hit by the crisis. Findings based on the instrumental variable approach suggest that the added worker effect explains up to 64% of the observed increase in female labor force participation observed in Turkey. |
| JEL: | D13 J21 C26 |
| Date: | 2014 |
| URL: | http://d.repec.org/n?u=RePEc:zbw:vfsc14:100387&r=cwa |
| By: | Michalski , Tomasz; Ors , Evren |
| Abstract: | The authors provide the first evidence that changes in risk-based capital requirements for banks affect the real economy through international trade. Using a natural experiment – mandatory Basel II adoption in its Standardized Approach by all banks in Turkey on July 1, 2012 – they investigate the impact of new risk-weights applied to commercial letters of credit (CLC) on that country’s exports to 174 countries. The authors estimate the resulting payment-term-cost elasticity of CLC-financed trade to be between -0.5 and -1 while the overall trade elasticity to be between -0.032 and -0.179. Calculations suggest that both CLC-related bank pricing and rationing channels are involved. |
| Keywords: | commercial letters of credit; international trade finance; exports; risk-weights; Basel II |
| JEL: | F14 G21 G28 |
| Date: | 2014–10–28 |
| URL: | http://d.repec.org/n?u=RePEc:ebg:heccah:1064&r=cwa |
| By: | Vinokurov, Evgeny; Kulik, Sergey; Spartak, Andrey; Yurgens, Igor |
| Abstract: | The report represents the first part of a project targeting the problems and prospects of two economic integration projects in Greater Europe — the European project (European Union) and the Eurasian project (Russia, the Customs Union and the Eurasian Economic Union). This topic is particularly relevant in light of the Ukrainian crisis, the signing of Association Agreements with the EU by Georgia, Moldova and Ukraine, as well as the looming threat of „continental fracture‟. |
| Keywords: | economic integration, Europe, Russia, Customs Union, Eurasian Economic Union, Georgia, Moldova, Ukraine |
| JEL: | F13 F15 F5 |
| Date: | 2014 |
| URL: | http://d.repec.org/n?u=RePEc:pra:mprapa:61636&r=cwa |
| By: | Cancho, Cesar; Davalos, Maria E.; Demarchi, Giorgia; Meyer, Moritz; Sanchez Paramo, Carolina |
| Abstract: | Substantial upward economic mobility in the majority of countries in Europe and Central Asia in the 2000s translated into achievements in reducing poverty and boosting shared prosperity. Although factors associated with upward mobility vary significantly by country, education and jobs undoubtedly play an important role in lifting households out of poverty and helping them to improve their living standards. This study finds there is a puzzling mismatch between the objective economic mobility patterns observed in survey data and people's subjective perception of their mobility. A majority of people in the region perceives they are worse off economically than in the past and voice frustration over limited opportunities to improve their lives. This disconnect is partly explained by increased inequality in the region, an increasing sense of unfairness in the processes to move up, and a more marked sense of insecurity and vulnerability. Although the region has been making headway in lifting households out of poverty, ensuring sustainable progress toward poverty reduction and shared prosperity requires policies that promote human capital accumulation, foster job creation, and offer adequate protection to improve households'resilience to shocks. |
| Keywords: | Rural Poverty Reduction,Regional Economic Development,Housing&Human Habitats,Inequality,Achieving Shared Growth |
| Date: | 2015–01–01 |
| URL: | http://d.repec.org/n?u=RePEc:wbk:wbrwps:7173&r=cwa |