The relationship between economic growth, technological change, and institutions has been the subject of various theoretical evaluations. In this chapter, the relationship in question will be examined in the context of the systematics of thought of two great thinkers, J. A. Schumpeter and T. Veblen. In this study, evaluations are made by theoretically putting Schumpeter, who examines the effects of economic growth and institutional structure as the dominant factor of the change brought about by technological development, at one end of the spectrum and Veblen, who states that the structure of institutions and society is more dominant in technological change, on the other side.
This paper, aims to analyze and profile youth unemployment problem in the Turkish economy and contains three parts: “Conceptual Framework of Unemployment”, “Unemployment Problem in Turkey” and “Youth Unemployment Phenomenon and Youth Unemployment Profile in Turkey”, as well as trend analysis over a long time series (1988-2016) created by using TURKSTAT, OECD and World Bank databases. It also analysis youth unemployment problem by evaluating quantitative indicators and their trend data and tries to make recommendations on strategies and policies essential to the solution of the problem.
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