ınternatıonal conference on eurasıan economıes 2010

478 Pages·2015·10.51 MB·English

INTERNATIONAL CONFERENCE
ON EURASIAN ECONOMIES
2010

T.C. BEYKENT UNIVERSITY
INTERNATIONAL CONFERENCE
ON EURASIAN ECONOMIES
2010
Istanbul - Turkey
4-5 November 2010
INTERNATIONAL CONFERENCE
ON EURASIAN ECONOMIES
2010
Editors:
Selahattin Sarı,
E. Ayşen Hiç Gencer,
Alp H. Gencer
Copyright © 2010
Beykent University
ALL RIGHTS RESERVED.
This book contains material protected under International and Federal
Copyright Laws and Treaties. Any unauthorized reprint or use of this
material is prohibited. No part of this book may be reproduced or
transmitted in any form or by any means, electronic or mechanical,
including photocopying, recording, or by any information storage and
retrieval system without express written permission from the author /
publisher.
Typesetting: Alp H. Gencer
Printing: Şanofset
We gratefully acknowledge support by Istanbul 2010 European Capital
of Culture Agency in financing of the printing of this book.
INTERNATIONAL CONFERENCE ON EURASIAN ECONOMIES 2010 v
RECTOR'S ADDRESS
Dear Colleagues and Dear Guests,
It is a great pleasure to welcome you all to the International Conference on Eurasian
Economies 2010 at Beykent University, for which preparations were started with great
zeal by the Department of Economics about a year ago, and which hopefully will be
the first of a series of conferences to be held in different Eurasian countries each time,
with a projection that aims at broadening academic interest regarding economic and
social issues faced by the Eurasian economies during the transition process in the era
of globalization by reaching to a more extensive and more diverse audience every
year.
I would hereby like to inform you briefly about Beykent University, which was
established in 1997 by Adem Çelik - Beykent Educational Foundation as a foundation
university with public entity. Beykent University started courses in the 1997-1998
academic year at the Beylikdüzü Campus. In the 2002-2003 academic year, the Şişli-
Ayazağa Campus became operational. Education expanded to the Taksim Campus in
the 2008-2009 academic year. Today, Beykent University has 34 undergraduate
programs, 31 graduate programs, 2 post-graduate programs, 38 associate programs
and 2 distance learning programs that are organized in 7 schools, 2 institutes and a
vocation school. The language of instruction at Beykent University is Turkish and
English. I can proudly declare that Beykent University is a dynamic institution with
about 11,000 students, 20% of whom are on scholarship, with a renowned and
esteemed faculty, with highly skilled staff, with state-of-the-art equipment and with a
continual quest for improving intellectual and social atmosphere. Since its foundation
Beykent University targeted at becoming one of the top worldwide universities, each
and every member works in a family environment with great enthusiasm and
excellence for accomplishing this vision.
On behalf of Beykent University, I would like to thank all the members of the Beykent
family for the diligent efforts they have put forth in the realization of the International
Conference on Eurasian Economies 2010; and I would like to express great
appreciation and honor to all of you, academicians and researchers from all around the
world for sharing your valuable work with us, hoping that all your presentations and
discussions at this international event will provide a significant contribution to the
world literature in the field of economics and will shed light to the decisions of policy-
makers.
Prof. Dr. Mehmet Emin Karahan
Rector,
Beykent University
vi INTERNATIONAL CONFERENCE ON EURASIAN ECONOMIES 2010
FOREWORD
Dear Authors, Dear Colleagues, Dear Guests,
We are pleased and honored to present to you this proceedings book of the
International Conference on Eurasian Economies 2010 that was initiated by the
Economics Department of Beykent University with an aspiration to make it a
traditional annual international academic event. We hope that the International
Conference on Eurasian Economies will provide a closer link between Eurasia and the
world of science.
At a significant geographic and cultural point on which many cultures and ideas
intersected throughout history, Turkey today carries out the distinctive mission of
constituting a bridge between Asian and European countries in the era of
globalization. By organizing this first conference in Istanbul, where Asia and Europe
meet at the Bosphorus, we aimed at providing a forum for academicians and decision-
makers from all over the world to discuss and develop policies concerning current and
future economic and social issues of Eurasia. We also hoped that the importance of
Turkey will be highlighted in the economic development process of Eurasia under
globalization. In the long run, we believe that effective policies will be developed and
proposed via forthcoming conferences to be held in different countries in collaboration
with different universities and various institutions.
The topics of the International Conference on Eurasian Economies 2010 cover a wide
variety of general subjects in the light of economic and social policies that have
immediate impacts on the region such as: Economic ties of Eurasian countries with
other countries or country groups in today's global world, including trade, tourism and
transportation; challenges and strategies regarding economic growth and development
in Eurasian economies taking into account energy and natural resources management;
policies targeting at development and level of regulation vs. deregulation of financial
institutions and markets based on the experience of the 2008 global financial crisis.
Following our call for papers to the International Conference on Eurasian Economies
2010 worldwide at universities, institutions and academic research networks focusing
on Eurasian economies, we received over 120 abstracts from 30 different countries. Of
these studies, 67 presentations from 20 different countries are discussed at the
International Conference on Eurasian Economies 2010. We wish that all of these
valuable studies and following discussions will provide significant benefits to future
research on Eurasian economies.
We would hereby like to convey our genuine thanks to all of you who have
contributed to the conference by submitting and presenting your important work and-
or by taking active part in the discussion sessions. In addition, we would like to
express our gratitude to the distinguished members of the scientific board for their
dedicated efforts in the review process of these submissions, as well as to the
outstanding session chairs for their excellence in leading the discussions. We proudly
would like to offer our special thanks to the eminent members of the advisory board
for making this conference possible. We also deliver our great appreciation to the
INTERNATIONAL CONFERENCE ON EURASIAN ECONOMIES 2010 vii
organizing committee as well as to the web and print designers for their meticulous
team-work. Of course, we would like to remark happily the help and interest on the
part of all our students at Beykent University.
Moreover, we would like to gratefully mention our indebtedness to the academic and
administrative personnel at the Department of Economics and Administrative
Sciences, as well as to the staff at the Publicity and Public Relations Department, at
the Support Services Department and at the Budget Department for kindly
contributing to the conference in every way in their capacity.
We are also grateful to the Agency of Istanbul 2010 European Capital of Culture and
to the Promotion Fund of Prime Ministry for their support in the organization and
preparation of this conference and its events.
Last but not least, we would like to state our sincere respects to the Chairman of the
Board of Trustees, Adem Çelik, and to the members of the Board of Trustees, to the
Rectorate, to the Board of Directors, to the Secretary General.
Prof. Dr. Selahattin Sarı Prof. Dr. Ahmed Güner Sayar
Chair of Organizing Committee, Chair of Economics Department,
International Conference on Beykent University
Eurasian Economies
viii INTERNATIONAL CONFERENCE ON EURASIAN ECONOMIES 2010
ADVISORY BOARD
• Prof. Dr. Mehmet Emin Karahan (Rector, Beykent University)
• Prof. Dr. Selahattin Sarı (Vice Rector, Beykent University)
• Prof. Dr. Erol Eren (Dean, Faculty of Economic and Administrative Sciences,
Beykent University)
• Prof. Dr. Ahmed Güner Sayar (Chair, Department of Economics, Beykent
University)
ORGANIZING COMMITTEE
• Prof. Dr. Selahattin Sarı
• Prof. Dr. Ahmed Güner Sayar
• Asst. Prof. Dr. E. Ayşen Hiç Gencer
• Asst. Prof. Dr. Mustafa Ercilasun
• Asst. Prof. Dr. İlyas Sözen
• Asst. Prof. Dr. Özgür Ömer Ersin
• Asst. Prof. Dr. Fatih Macit
• Asst. Prof. Dr. Perihan Paksoy
• Ph.D. Candidate Bekir Aşık
• Ph.D. Candidate Volkan Öngel
WEB & PRINT DESIGN
• Dr. Alp H. Gencer
• Assoc. Prof. Dr. Larysa Zakharova
INTERNATIONAL CONFERENCE ON EURASIAN ECONOMIES 2010 ix
SCIENTIFIC BOARD
• Prof. Dr. Şahin Akkaya (Istanbul University, Turkey)
• Prof. Dr. Ahmet Aksoy (Gazi University, Turkey)
• Prof. Dr. Serdar Altınok (Gazi University, Turkey)
• Prof. Dr. Sudi Apak (Beykent University, Turkey)
• Prof. Dr. Hanifi Aslan (Uludağ University, Turkey)
• Assoc. Prof. Dr. Ahmet Ay (Selçuk University, Turkey)
• Prof. Dr. Metin Balcı (Aydın University, Turkey)
• Assoc. Prof. Dr. Mehmet Balcılar (Eastern Mediterranean University, Cyprus)
• Prof. Dr. Cem Behar (Boğaziçi University, Turkey)
• Prof. Dr. Damira Bektenova (Slavian University, Kyrgyzstan)
• Prof. Dr. Melike Bildirici (Yıldız Technical University, Turkey)
• Prof. Dr. Faik Bilgili (Erciyes University, Turkey)
• Prof. Dr. Ersan Bocutoğlu (Karadeniz Technical University, Turkey)
• Prof. Dr. Cumabek Cailov (Kyrgyz Economic Research Center, Kyrgyzstan)
• Prof. Dr. Seyfullah Çevik (Gediz University, Turkey)
• Prof. Dr. İrfan Civcir (Ankara University, Turkey)
• Prof. Dr. Nevin Coşar (Yıldız Technical University, Turkey)
• Prof. Dr. Selçuk Emsen (Erzurum Atatürk University, Turkey)
• Assoc. Prof. Dr. Alpay Filiztekin (Sabancı University , Turkey)
• Prof. Dr. Saziye Gazioğlu (Middle East Technical University , Turkey)
• Prof. Dr. Cevat Gerni (Gebze Institute of Technology, Turkey)
• Prof. Dr. Ahmet Gökçen (Istanbul University, Turkey)
• Prof. Dr. Muhsin Halis (Sakarya University, Turkey)
• Prof. Dr. Süreyya Hiç (Kocaeli University, Turkey)
• Prof. Dr. Mükerrem Hiç (Beykent University, Turkey)
• Prof. Dr. Ahmet Incekara (Istanbul University, Turkey)
• Assoc. Prof. Dr. Metin Karadağ (Ege University, Turkey)
• Prof. Dr. Rıdvan Karluk (Eskişehir Anadolu University, Turkey)
• Prof. Dr. Mehmet Kaytaz (Işık University, Turkey)
• Prof. Dr. Nuriddin Kayumov (Tajikistan Academy of Sciences, Tajikistan)
• Prof. Dr. Gülten Kazgan (Bilgi University, Turkey)
• Prof. Dr. Recep Kök (Dokuz Eylül University, Turkey)
• Prof. Dr. Turar Koychuev (Kyrgyz-Turkish Manas University, Kyrgyzstan)
• Prof. Dr. Suat Oktar (Marmara University, Turkey)
• Prof. Dr. Ali Ozgüven (Kültür University, Turkey)
• Prof. Dr. Jusup Pirimbaev (Kyrgyz-Turkish Manas University, Kyrgyzstan)
• Prof. Dr. Süreyya Sakınç (Celal Bayar University, Turkey)
• Prof. Dr. Recep Tarı (Kocaeli University, Turkey)
• Prof. Dr. Muammer Tekeoğlu (Cukurova University, Turkey)
• Prof. Dr. Sübidey Togan (Bilkent University, Turkey)
• Prof. Dr. Münevver Turanlı (Istanbul Commerce University, Turkey)
• Prof. Dr. Bahadir Umurzakov (Russian Economic Academy, Russia)
• Prof. Dr. Halit Yanıkkaya (Gebze Institute of Technology, Turkey)
• Prof. Dr. Ahmet Yörük (Kadir Has University, Turkey)
• Prof. Dr. Ahmet Yüksel (Beykent University, Turkey)
x INTERNATIONAL CONFERENCE ON EURASIAN ECONOMIES 2010
Contents
OPENING SESSION
Keynote Address
Major Current Economic and Political Problems Facing Eurasian Countries..............................1
- Prof. Dr. Mükerrem Hiç, Beykent University, Turkey
SESSION 1A: Küresel Kriz
Session Chair: Prof. Dr. Erol Eren
Küresel Kriz Sonrası Türk Cumhuriyetleri Ekonomileri ve Türkiye ile Ticari İlişkileri..............5
- Assoc. Prof. Dr. Müslüme Narin, Gazi University, Turkey
- Assoc. Prof. Dr. Akın Marşap, Istanbul Aydin University, Turkey
2008 Küresel Kriz Bağlamında Baltık ve Bağımsız Devletler Topluluklarının Karşılaştırmalı
Ekonomik Performansları...........................................................................................................14
- Mr. Savaş Erdoğan, Selçuk University, Turkey
- Assoc. Prof. Dr. Ahmet Ay, Selçuk University, Turkey
- Mr. Mustafa Gerçeker, Selçuk University, Turkey
2008 Küresel Krizinin Avrasya Ülkelerinin Ekonomileri Üzerindeki Etkileri...........................23
- Mr. Bilal Özer, Okan University, Turkey
- Mr. Alper Karaağaç, Okan University, Turkey
- Mr. Ismail Önden, Okan University, Turkey
Rusya'nın Serbest Piyasa Anlayışı ve Küresel Kriz....................................................................28
- Asst. Prof. Dr. İsmail Hakkı İşcan, Bilecik University, Turkey
- Mrs. Yıldız Zeliha Hatipoğlu, Bilecik University, Turkey
SESSION 1B: Growth & Development
Session Chair: Prof. Dr. Sudi Apak
The Impact of Globalization on Eurasian Economies: Prospects for Development in the 21st
Century........................................................................................................................................34
- Prof. Dr. Berch Berberoglu, University of Nevada, Reno, United States of America
Who is Better Equipped for Globalization in Eurasia? A Seven-Country Analysis...................42
- Prof. Dr. Tansu Barker, Brock University, Canada
Some Major Causes of Current Economic Crises and Leadership Strategies............................48
- Prof. Dr. Asım Şen, Beykent University, Turkey
Convergence Across Kazakh Regions........................................................................................59
- Ph.D. Candidate Miriam Frey, University of Regensburg, Germany
- Ph.D. Candidate Carmen Wieslhuber, University of Regensburg, Germany