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The central argument of this book is that while central bank independence can contribute to stabilization, inflation-targeting monetary policy is quite powerless in promoting economic development. The basic message is simple: Policy makers should not strive to achieve price stability at any cost, as stability in product markets does not necessarily translate into economic development. The recent experience of Turkey is illuminating and other developing countries, in particular those using inflation targeting monetary policy framework, can draw useful lessons from this experience. Early chapters summarize the deregulation process from 1980 to 2001. The Turkish Central Bank is placed at the ce...
Shariah governance assumes the primary instrument through which Islamic Banking Institutions (IBIs) ensure the Islamicity of their products, services, operations, and internal environments. It is considered to be one the fundamental elements that differentiates IBIs from their traditional counterparts. Shariah Governance in Islamic Banking Institutions provides a critical overview of the key aspects pertaining to Shariah governance within Islamic financial institutions and presents a detailed analysis of its conceptual background. The authors have identified the unique issues that have emerged due to the integration of Shariah, namely the involvement of the Shariah supervisory board (SSB), i...
This volume of Eurasian Studies in Business and Economics includes selected papers from the 24th Eurasia Business and Economics Society (EBES) Conference, held in Bangkok. The theoretical and empirical papers gathered here cover diverse areas of economics and finance from different geographic regions; yet the main focus is on the latest findings on labor markets and their interactions with competitive environments. The volume also includes meso-economic studies that analyze individual companies, economic and financial environments, particularly with regard to human resource and financial risk management.
The first volume of the Eurasian Studies in Business and Economics, the official proceedings series of the Eurasia Business and Economics Society (EBES), includes selected papers from the 13th EBES Conference held in Istanbul in 2014. This volume covers theoretical and empirical contributions in the areas of innovation, entrepreneurship, HR, banking and finance. An eclectic set of methodologies and contributions from experts across the World makes this volume a valued work of reference. This volume also provides a timely opportunity to colleagues, professionals and students to catch up with the most recent studies in different fields and empirical findings on many countries and regions.
Renewable Energy Projects and Investments: Interdisciplinary Knowledge, Analysis, Opportunities, and Outlook brings together a range of insights and perspectives from across technology, engineering, sustainability, circular economy, economics, policy, and social science to support the further growth and development of renewable energy. The book provides a general outlook of the drivers in renewable energy in terms of regulatory frameworks, technological advancements, and market conditions, the associated risks and opportunities, and current trends and forecasts. This resource will interest those who require a comprehensive understanding on the development of renewable energy, including resea...
The world's attention to the countries of the Middle East and North Africa (MENA) region has often been dominated by headline issues: conflict, sanctions, political turmoil, and rising oil prices. Little of this international attention has considered the broad range of development challenges facing this diverse group of countries. Breaking the Barriers reflects the collected thinking of the World Bank's Office of the Chief Economist for the MENA Region on the long-term development challenges facing the region and the reform priorities and strategies for effectively meeting these challenges. It.
Jobs provide higher earnings and better benefits as countries grow, but they are also a driver of development. Poverty falls as people work their way out of hardship and as jobs empowering women lead to greater investments in children. Efficiency increases as workers get better at what they do, as more productive jobs appear, and less productive ones disappear. Societies flourish as jobs bring together people from different ethnic and social backgrounds and provide alternatives to conflict. Jobs are thus more than a byproduct of economic growth. They are transformational —they are what we earn, what we do, and even who we are. High unemployment and unmet job expectations among youth are th...
In Class, Capital, State, and Late Development: The Political Economy of Military Interventions in Turkey, Gönenç Uysal discusses state-military-society relations in Turkey from the late Ottoman era to today by exploring state-class-capital relations under the dynamics of uneven development. Uysal approaches Turkey as a late-developing social formation characterised by unevenness and dependency, arising from the contradictions of capitalist relations of production and integration with the world capitalist system. By drawing upon historical materialism/Marxism, Uysal offers a critical/radical understanding of (re)organisation of the state and military interventions in politics in peripheries of global capitalism.