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on Central and Western Asia |
| By: | Sariipek, Doga Basar; Çuhadar, Seyran Gürsoy |
| Abstract: | The policies of socioeconomic protection of older adults in most parts of the world are being redesigned in the scope of value-added targets, such as active ageing, successful ageing, or creative ageing. The main purpose here is, of course, enabling older adults self-sufficient and beneficial both for themselves and their social environment, instead of being simply the passive beneficiaries of the public support mechanisms. Turkey has a population which is still young but ageing very rapidly and will reach to the same point as Europe today in a relatively much shorter time. However, the country still seems to be away from conducting systematic and holistic measures, except for a few ineffective strategy papers and legal regulations. Therefore, Turkey must immediately design a new policy agenda in conformity with its traditional and historical advantages. Revitalizing the intergenerational solidarity bonds, in this regard, may be the best cost-effective solution to complement formal measures in the provision of social protection and in the process of active ageing. However, this traditional protection net is under attack of increasingly transforming socioeconomic conditions. Consequently, as one of the most rapidly ageing countries in the world, Turkey should immediately stimulate studies and debates over a healthy, functional, and effective ageing period and caring issues. Otherwise, governments will be blindsided by the socioeconomic, psychological, cultural, and physiological problems related to the ageing process. In the light of these facts, the main purpose of this study is to discuss policy recommendations to create a self-sufficient ageing period for older adults in the context of Turkish case. |
| Keywords: | Ageing, Third Age, Fourth Age, Older Persons Care, Turkey, Informal Care |
| JEL: | J14 N3 |
| Date: | 2017 |
| URL: | http://d.repec.org/n?u=RePEc:pra:mprapa:84650&r=cwa |
| By: | Akcay, Ümit |
| Abstract: | Turkey was shown as a model country by Western capitals in the early 2000s because it successfully embraced the neoliberal economic path and "moderate Islamist" values. In the last couple of years, however, Turkey has been in a state of turmoil, which has included the failure of the so-called democratization process and a rapid rise in authoritarianism. Surprisingly, the Justice and Development Party (AKP) of Turkey has been among a few political parties worldwide which have managed to stay in office, despite implementing a neoliberal economic model since 2002. This paper suggests that the "neoliberal populism" framework can be applied to understand the seemingly contradictory dynamics of the so-called success story of the AKP. First, the paper explains the main features of the neoliberal populist model in Turkey. This model is characterized by the implementation of neoliberal austerity measures alongside the introduction of a new welfare regime and the widening of financial inclusiveness. The main result of neoliberal populism is the enfeeblement of labor movement. Second, the paper argues that once the neoliberal populist model was established, it changed the structure of the political conflict. In this new structure, power struggles have taken the form of intra-elite conflict, rather than class struggle. The paper also suggests that a recent change to the executive presidential system in Turkey should be understood in the context of a continuing power struggle among the ruling classes, one that has been unfolding since 2007. |
| Keywords: | Neoliberal populism,financial inclusion,social inclusion,Turkey |
| JEL: | P16 I38 J38 D74 H53 |
| Date: | 2018 |
| URL: | http://d.repec.org/n?u=RePEc:zbw:ipewps:1002018&r=cwa |
| By: | Ganbold, Batzorig; Akram, Iqra; Fahrozi Lubis, Raisal |
| Abstract: | The ability to predict the volatility of Exchange rate is an enormous challenge when it comes to economic and financial considerations. In this context, it is important to be able to predict the exchange rate volatility in financial markets and the world economy. This paper proposes a heightened approach to modeling and forecasting of exchange rate volatility in Turkey. For past recent years, Turkey experienced political turbulence that the possibility of effecting exchange rate, thus create uncertainty volatility of exchange rate. Therefore daily exchange rate data have been taken from 2005-2017 and applied autoregressive conditional heteroskedasticity ARCH and GARCH families (EGARCH, IGARCH, and PARCH) to forecast exchange rate volatility. The proposed methodology able to calculate the breakpoint by including dummy variables. The result is more confined after including dummy that EGARCH (1,1) is best performing to forecast exchange rate volatility and successfully overcome the leverage effect on the exchange rate. Moreover, this paper also investigates the monthly data forecasting by applying ARIMA SARIMA along with SVAR technique for next few months. And Exchange rate pass-through also encounter it, which indicates the pass-through is more pronounced in PPI than CPI. The forecast result of SARIMA and SVAR distribute the same direction of fluctuation in the exchange rate that is declining of the current exchange rate in the future. However, ARIMA’s forecast tends to increase and different with two models. |
| Keywords: | Exchange rate, Volatility, Forecast, SVAR |
| JEL: | F31 F37 |
| Date: | 2017 |
| URL: | http://d.repec.org/n?u=RePEc:pra:mprapa:84447&r=cwa |
| By: | World Bank Group |
| Keywords: | Macroeconomics and Economic Growth - Fiscal & Monetary Policy Macroeconomics and Economic Growth - Economic Growth Macroeconomics and Economic Growth - Economic Forecasting Poverty Reduction - Achieving Shared Growth Environment - Air Quality & Clean Air |
| Date: | 2016–09 |
| URL: | http://d.repec.org/n?u=RePEc:wbk:wboper:25865&r=cwa |
| By: | Jakhongir Kakhkharov; Alexandr Akimov |
| Keywords: | Financial institutions, financial development, transition economies |
| JEL: | G28 O16 G21 |
| Date: | 2018–01 |
| URL: | http://d.repec.org/n?u=RePEc:gri:fpaper:finance:201801&r=cwa |
| By: | Brück, Tilman (ISDC - International Security and Development Center); Mahe, Clotilde (Maastricht University); Naudé, Wim (Maastricht University) |
| Abstract: | A common finding of the migration literature is that migrants are more likely to choose self-employment upon return to their origin countries than non-migrants. This has led to the belief that return migration stimulates entrepreneurship in source countries and hence supports economic development. In this paper, we test these assertions, drawing on the Life in Kyrgyzstan Study, a rich longitudinal data set from a transition economy with high levels of international temporary migration. We find that for return migrants, self-employment is often a temporary occupational choice, suggesting that self-employment serves as a 'parking lot'. In addition, we find evidence that return migrants who were self-employed before migrating are less likely to opt for self-employment on their return, implying that migration disrupts self-employment trajectories. Both findings cast doubt on the common narrative of return migration stimulating entrepreneurship and therefore economic development. |
| Keywords: | occupational choice, entrepreneurship, migration, transition economies, Central Asia, Kyrgyzstan |
| JEL: | F22 J24 L26 P20 |
| Date: | 2018–02 |
| URL: | http://d.repec.org/n?u=RePEc:iza:izadps:dp11332&r=cwa |
| By: | Farzam Ardalan (Islamic Azad University U.A.E. Branch, University of Tehran); Nejad Almasi (Islamic Azad University U.A.E. Branch, University of Tehran); Mansour Atasheneh (Islamic Azad University U.A.E. Branch, University of Tehran) |
| Abstract: | Buy back contracts are one of the variety of investment in oil industry in Iran. To put it another way, the main purpose of contracts such as buy back is to increase investment and attract more capital and foreign currency in the country. As it has been proved in economics and business sciences at international level, when investment is made in a country, it directly or indirectly bears positive impacts on all groups of people. The present research study aimed to examine the juridical status of one of the buy back deal sides under the name of contractor, who is supposed to invest and develop oil fields along with other related issues so that topics such as tax payment, insurance, workers, and civil responsibilities of contractors against employer would be more taken into consideration by contractors and more importantly, contractors could know about different insurance coverages and select their intended one and also abdicate any responsibility resulted from legal crimes from themselves by setting tax returns. This, in turn, helps them to do their business activities without any problem in the host country. Furthermore, employers also have some financial and non-financial obligations to contractors including preparing the required conditions for implementation of the deal substances. Knowing about these factors helps the two sides to sign a legal deal. Finally, the present study was an attempt to present a case study, which would raise the two sides' knowledge about their rights and sign the bay back contract according to predetermined specific legal regulation. |
| Keywords: | case study,Iran economic,contracts,buy-back contracts,investment,oil industry |
| Date: | 2017–12–29 |
| URL: | http://d.repec.org/n?u=RePEc:hal:journl:hal-01706887&r=cwa |