International Conference on Eurasian Economies
11-13 October 2012 – Almaty, KAZAKHSTAN
Paper detail
Paper ID : 418
Status : Paper published
Language : Turkish
Topic : Growth and Development
Presenter: Prof. Dr. Ömer Selçuk Emsen
Session : 2B Büyüme ve Gelişme II
The Relationships between Debt and Economic Growth in Central Asia and Caucasus
Orta Asya ve Kafkaslarda Borç-Ekonomik Büyüme İlişkileri
- Asst. Prof. Dr. A. Meral Uzun (Cumhuriyet University, Türkiye)
- Asst. Prof. Dr. Çağatay Karaköy (Cumhuriyet University, Türkiye)
- Prof. Dr. Ömer Selçuk Emsen (Atatürk University, Türkiye)
Abstract
Central Asia both of which became politically independent in 1991 resemble each other with respect to social-cultural life. The most remarkable difference between them is of richness in terms of natural resources. In the 15 years process, a substantial jump in Central Asia economies has been observed while Kyrgyzstan and Tajikistan economies could even not reach its income level in 1991. Despite these differences in terms of economic structure, it is seen that of them have a tendency to get increasingly indebted and has no direct contribution to their economic growth.
JEL codes: F34, F43, F00
Uzun, A. Meral, Karaköy, Çağatay, Emsen, Ömer Selçuk (2012). "The Relationships between Debt and Economic Growth in Central Asia and Caucasus" in Proceedings of International Conference of Eurasian Economies 2012, pp.151-158, Almaty, KAZAKHSTAN.
DOI: https://doi.org/10.36880/C03.00418
Session 2B: Büyüme ve Gelişme II
