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SMEs’ Access to Finance in the Euro Area
The monetary transmission mechanism in the euro area has been adversely affected by the recent crises. Using survey data on thousands of euro area firms, we study factors that affect the access to finance of SMEs. We find that changes in bank funding costs and borrower leverage matter for firms’ access to finance. Increases in bank funding costs and borrowers’ debt-to-asset ratios are significantly and negatively associated with firms’ access to finance. The use of subsidies significantly improve access to finance of SMEs. Finally, access to finance is found to be positively related to firm size and firm age.
Statistics Make Me Laugh
We are becoming fact-minded people and most of us enjoy it because we hate uncertanity. Percentages, averages, majorities, minorities make us feel better. We are very excited to know what the avarage person would do in several situations. We enjoy to read, what the avarage person does when falling down from a huge building, what he does when he looses his parrot or how he can sing under the water. Knowing these data give us some idea and we prefer any silly idea instead of feeling uncertanity. Uncertanity makes us unsafe. That's why in our daily lives we label everything and everybody. She talks too much, he always asks for something, he is a lier, she makes gossip etc... We label them, we c...
Hot Property
This open access book discusses booming housing markets in cities around the globe, and the resulting challenges for policymakers and central banks. Cities are booming everywhere, leading to a growing demand for urban housing. In many cities this demand is out-pacing supply, which causes house prices to soar and increases the pressure on rental markets. These developments are posing major challenges for policymakers, central banks and other authorities responsible for ensuring financial stability, and economic well-being in general.This volume collects views from high-level policymakers and researchers, providing essential insights into these challenges, their impact on society, the economy and financial stability, and possible policy responses. The respective chapters address issues such as the popularity of cities, the question of a credit-fueled housing bubble, the role of housing supply frictions and potential policy solutions. Given its scope, the book offers a revealing read and valuable guide for everyone involved in practical policymaking for housing markets, mortgage credit and financial stability.
Kemal Kılıçdaroğlu and the New Republican People’s Party in Turkey
This book discusses the life and professional struggle of Kemal Kılıçdaroğlu and the transformation of the CHP under his leadership. It deals with the transformational periods and phases of the CHP, up to the period when Kemal Kılıçdaroğlu became prominent in the party. The CHP’s transformation and how it variously affected its popular standing in public opinion and revealed political liabilities and limitations cumulatively can indicate and explain to what extent political parties are likely to change as leadership changes and different regime governing approaches take hold. Furthermore, this book aims to answer the following questions: How and for what reasons did Kılıçdaroğl...
Religion, Identity and Power
This book examines Turkey’s ethno-religious activism and power-related political strategies in the Balkans between 2002 and 2020, the period under the rule of the Justice and Development Party (AKP), to determine the scopes of its activities in the region.
Ahmet Erdi Öztürk illuminates an often-neglected aspect of Turkey’s relations with its Balkan neighbours that emerged as a result of the much discussed ‘authoritarian turn’ – a broader shift in Turkish domestic and foreign policy from a realist-secular to a Sunni Islamic orientation with ethno-nationalist policies.
Öztürk draws on personal testimonies given by both Turkish and non-Turkish, Muslim and non-Muslim interviewees in three country cases: Bulgaria, North Macedonia and Albania. The findings shed light on contemporary issues surrounding the continuous redefinition of Turkish secularism under the AKP rule and the emergence of a new Muslim elite in Turkey.
Selenium and Nano-Selenium in Environmental Stress Management and Crop Quality Improvement
Crop plants growing under field conditions are constantly exposed to various abiotic and biotic stress factors leading to decreased yield and quality of produce. In order to achieve sustainable development in agriculture and to increase agricultural production for feeding an increasing global population, it is necessary to use ecologically compatible and environmentally friendly strategies to decrease the adverse effects of stresses on the plant. Selenium is one of the critical elements from the biological contexts because it is essential for human health; however, it becomes toxic at high concentrations. It has been widely reported that selenium can promote plant growth and alleviate variou...
IMF Research Bulletin, September 2014
This issue of the IMF Research Bulletin opens with a letter from the new editor, Rabah Arezki. The Research Summaries are a "Primer on 'Global Liquidity'" (Eugenio Cerutti, Stijn Claessens, and Lev Ratnovski); and "Trade Integration adn Business Cycle Synchronization" (Kevin Cheng, Romain Duval, and Dulani Senevirante). The Q&A column looks at "Seven Questions on the Global Housing Markets" (Hites Ahir, Heedon Kang, and Prakash Loungani). September 2014 issue of the Bulletin also includes updates on IMF Working Papers, Staff Discussion Notes, and Recommended Readings from the IMF Bookstore, as well as special announcements on new staff publications and the Fifteenth Annual Jacques Polak Research Conference. Also included is information on the latest issue of “IMF Economic Review” with a link to an article by Paul Krugman.
Authoritarian Politics in Turkey
President Erdogan's victory in the April 2017 referendum granted him sweeping new powers across Turkey. The constitutional reforms transform the country from a parliamentary democracy into a "Turkish style" presidential republic. Despite being democratically elected, Turkey's ruling AKP party has moved towards increasingly authoritarian measures. During the coup attempt in July 2016, the AKP government declared a state of emergency which Erdogan saw as an opportunity to purge the public sector of pro-Gulenist individuals and criminalise opposition groups including Kurds, Alevites, leftists and liberals. The country experienced political turmoil and rapid transformation as a result. This book...
An Exodus from Turkey
Examines the current wave of migration from Turkey with a specific focus on the experiences of 21 public figures and intellectuals from varying backgrounds.
Current Debates in Public Relations & Communication Studies First Edition, April 2018 IJOPEC Publication No: 2018/19 ISBN: 978-
This work is a combination of public relations and communication studies. Especially new trends in communication studies have drawn the main borders of this book. Different aspects of communication studies have been discussed, evaluated and explained in this study with theories and case studies. Consumption culture, main stream media, life styles, virtual life, branding via new media technologies, cross-cultural subjects, health and communicaTion relations have been analysed both practically and theoretically. The book can be considered as an examplary study to the interdisciplinary approach to communication studies.
