Climate change has emerged as the most important problem of this century for the world. We can speak of many social, political and economic multi-dimensional impacts of the climate change on humankind. On the one hand, the cities are suffering due to unusual environmental activities, on the other hand the migration due to the degraded environment affect the regional economies. At the same time, climate change is triggering the health problems of the humankind along with the disappearance of many animal species. Similar to these there are many different issues and problems of the climate change. But one problem is differing from the others and this problem is the worst one that humankind ever met: the food problem. Throughout the ages the food problem turned into an economic problem because agriculture becomes an economic sector that produces food. The effects of climate change on agricultural sector have strong influence on world economy. The supply of food decreases with the more frequent extreme weather events. A lot of people have difficulties in getting food and income of the agricultural sector declines. The purpose of the study is to draw attention to this problem. Therefore, the relationship between food prices and CO2 emission was tested by using panel cointegration techniques. Analyze was done by using the annual CPI-food and CO2 emission data of selected 26 OECD countries. The empirical results indicated the effect of the climate change on food prices. In consequence of this effect the policymakers must set more efficient policies.
The details of the impact of exports on economic growth have been one of the most important topics in the literature. Numerous studies asserted that open economies grow faster than the closed ones because of the effect of the exports on GDP and increase of productivity and efficiency through foreign competition. Concurrently, these studies indicated that there are strong correlation exists between exports and economic growth. On the other hand, high share of production of technology in today's economies is the key for sustainable and high rates of growth and the relationship between technology exports and economic growth has been a topic of interest among economists. Many studies in the literature published on export-led hypothesis in recent years but only few studies addressed the technological issues. Therefore, the purpose of this study is to examine the impact of technology exports on economic growth of selected OECD countries using dynamic panel method. We established the model by using the yearly data of 2003-2015 periods for selected OECD countries provided by OECD.Stat. As a conclusion, it is revealed that technology exports have positive and statistically significant impact on economic growth. These results implied that high-tech exports led to growth in selected OECD countries. These results suggested that promoting the production of technology is one the drivers of the economic growth.
Based on economic power struggle, the economic strength began to take the place of military power and economic security has been considered as important as military security in this new world order. Multinational companies and their feasibility studies constitute the agenda of politic risks before entering these markets. Political risk faced by firms can be defined as “the risk of a strategic, financial, or personnel loss for a firm because of such nonmarket factors as macroeconomic and social policies, or events related to political instability”. However, terrorism should be considered as a multiplier effect on some of the components mentioned above. Terrorism itself and these strict measures directly affect investments. In 2012, FDI (Foreign Direct Investment) flows into the Middle East and North Africa have been adversely affected by political risk over the past couple of years. Investor perceptions of political risks in the region remain elevated across a range of risks. The Arab Spring countries have fared worse than other developing countries in the region. The risk perception of civil disturbance and political violence, but also breach of contract, is especially prominent in Arab Spring countries. In other words, global terrorism has created a negative multiplier effect in the region. In this context, Multiplier effect can be summarized as an effect on a target, situation or event which exceed its creating strength than expected. Considering this impact, MNC’s SWOT analysis and investment analysis must signify a redefinition in a wide range by the means of political risk perceptions.
In the first part of this study, Economic Cooperation and Utopian Eurasia, the main characteristics of the new collaborations in the world, the concept of economic cooperation, the effects of the elements, the economic cooperation, the characteristics of structural adjustment, the global market targets with the economic cooperation, the adaptation possibilities and problems of the economic cooperation will be explained. Based on the Eurasian concept, the basic population, economic structure and development potential of the Eurasian Economic Union will be discussed. In the third and the last part, together with the transformations in the world, which carry the confrontational processes, it will be included in the contemporary communication to achieve the success of the economic cooperation by means of the common communication network and the changes in the areas where the rapid change between the political, economic, cultural, technological and social decision-making centers become up-to-date. the necessity of being equipped with sufficient information about economic associations and developments, the success of the country in the field of economy, the changes and developments occurring in the world will be evaluated in the context of Eurasian economic cooperation and the results and suggestions will be made.
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