International Conference on Eurasian Economies
12-14 October 2011 – Bishkek, KYRGYZSTAN
Paper detail
Paper ID : 288
Status : Paper published
Language : Turkish
Topic : Regional Economics
Presenter: Prof. Dr. Ömer Selçuk Emsen
Session : 5C Orta Asya Ekonomileri II
The Relationships between Enterprise Restructuring and Economic Growth / Human Development Level in Central Asian Republics
Türk Cumhuriyetlerinde Kurumsal Yeniden Yapılanma ile Ekonomik Büyüme / Beşeri Gelişmişlik Düzeyi Arasındaki İlişkiler
- Prof. Dr. Mine Gerni (Marmara University, Türkiye)
- Asst. Prof. Dr. Ş. Mustafa Ersungur (Atatürk University, Türkiye)
- Asst. Prof. Dr. Dilek Özdemir (Atatürk University, Türkiye)
- Prof. Dr. Ömer Selçuk Emsen (Atatürk University, Türkiye)
Abstract
Considering the performance of growth, it is observed that the Central Asian Turkish republics achieved their income levels of 1991, the year they gained political independence, very lately as compared to the other transition economies. It is argued that those factors such as enterprise restructuring and insufficient political rights and individual freedoms came into play for their failure. Thus, it can be said that reflections which are described as economic growth flourishes privately from the lack of entrepreneurship, and also lack of entrepreneurship stems mostly from insufficient libertarian structures. In this paper, enterprise restructuring and price liberalization values published periodically by European Bank for Reconstruction and Development and the indicators of political rights and civil liberties published by Freedom House are taken into consideration, and the effects of these on economic growth and/or on human development as a much comprehensive indicator are investigated. In this perspective, instead of the effects of quantitative variables, the effects of four important qualitative variables on Central Asian Republics’ growth/human development are studied.
JEL codes: C33, O15, P11
Gerni, Mine, Ersungur, Ş. Mustafa, Özdemir, Dilek, Emsen, Ömer Selçuk (2011). "The Relationships between Enterprise Restructuring and Economic Growth / Human Development Level in Central Asian Republics" in Proceedings of International Conference of Eurasian Economies 2011, pp.350-356, Bishkek, KYRGYZSTAN.
DOI: https://doi.org/10.36880/C02.00288
Session 5C: Orta Asya Ekonomileri II
