International Conference on Eurasian Economies
4-5 November 2010 – Istanbul, TURKEY
Paper detail
Paper ID : 230
Status : Paper published
Language : English
Topic : Finance and Financial Crises
Presenter: Prof. Dr. Mükerrem Hiç
Session : 0A Opening Session
Major Current Economic and Political Problems Facing Eurasian Countries
Major Current Economic and Political Problems Facing Eurasian Countries
- Prof. Dr. Mükerrem Hiç (Istanbul Aydın University, Türkiye)
Abstract
Political and economic developments and problems are either directly or indirectly linked to each other. Hence, I would be dealing here with both. But the problems are so serious, numerous and complicated that I will be content with only submitting a list of these problems without deepening on any. It should also be stressed that Eurasia itself as a geographical entity covers a very large number of countries with different historical, political and economic backgrounds. Hence, we may have to think about different regions or groups of countries. On the European side, even the EU is not homogeneous today. We have the United Kingdom, Scandinavian countries, developed continental European countries, Iberian countries, the Balkans and Eastern European countries. Even in simple developmental terms, we have at least two tiers, a first tier of democratically and economically developed countries, and the second tier those with less experience in democracy and less economically developed. In Asia, on the other hand, we have such big countries as Russia, China, Japan and India, as well as such regional groups as South-East Asian countries, Central Asian Turkic-origin countries, Caucasian, Afghanistan and Pakistan also including Bangladesh, and Middle-Eastern, with Iran as a separate politico-economic entity. Similarly, Turkey, at the cross-roads between Europe, Asia and the Middle-East, is another, but different unique case.
JEL codes: A10
Hiç, Mükerrem (2010). "Major Current Economic and Political Problems Facing Eurasian Countries" in Proceedings of International Conference of Eurasian Economies 2010, pp.1-4, Istanbul, TURKEY.
DOI: https://doi.org/10.36880/C01.00230
