International Conference on Eurasian Economies
11-13 October 2012 – Almaty, KAZAKHSTAN
Paper detail
Paper ID : 485
Status : Paper published
Language : English
Topic : International Trade and Globalization
Presenter: Prof. Dr. Ahmet İncekara
Session : 2A International Trade
The Effect of Globalization On Foreign Trade and Investment in Eurasian Countries
The Effect of Globalization On Foreign Trade and Investment in Eurasian Countries
- Prof. Dr. Ahmet İncekara (İstanbul University, Türkiye)
- Assoc. Prof. Dr. Mesut Savrul (Çanakkale Onsekiz Mart University, Türkiye)
Abstract
Globalization includes a comprehensive transformation in technological, economic, politic and scientific fields and it's largest impact has been on developing countries is acceleration of liberalization of foreign trade and investment. Regarding foreign trade and investment is vital for economic growth of developing countries such as Eurasian countries which are lack of capital to support their growth, the effects of globalization come into prominence. In this study how the globalization movements have affected trade and investment structure of the region is assessed. The data is collected from KOF Swiss Economic Institute, World Bank and UNCTAD. The results have shown that although trade and investment relations with the rest of the world, they are still limited within the region and stronger economic integrations are necessary to develop them.
JEL codes: F02, F13, F21
İncekara, Ahmet, Savrul, Mesut (2012). "The Effect of Globalization On Foreign Trade and Investment in Eurasian Countries" in Proceedings of International Conference of Eurasian Economies 2012, pp.23-30, Almaty, KAZAKHSTAN.
DOI: https://doi.org/10.36880/C03.00485
Session 2A: International Trade
