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Economic Issues: Global and Local Perspectives 

Selcuk Koc

Sema Yilmaz Genc

Vahit Ferhan Benli


​The decade since the global financial crisis of 2008– 09 has indeed brought dramatic economic and political developments. Advanced economies’ growth has generally trended downward since the mid-2000s while emerging market and developing economies have continued to grow more quickly than during the 1980s and 1990s. Increasing economic interaction, allied to the changes in the world, has created a need for more sophisticated perception of the economics, social, and political environments. Economic Issues: Global and Local Perspectives, therefore, combined with interdisciplinary contributions on developments in social sciences areas, makes a valuable input into growth of new ideas. The book also provides a qualitative analysis of the new changes that are underway and helps illustrate some of the big changes that are already happening by including valuable chapters.

The authors of the chapters in this book have contributed to the success of the work by the inclusion of their respective studies. Each chapter presents a different perspective, which investigates the process of shifting global economy in the context of new developments. They also analyze development pathways beyond economic terms, exploring well-being across the developing world. The chapters focus on prices, economic growth, optimal currency area, shipping market, unemployment, telecommunication, mobile games, environment, education, trade risks, tourism, credit rating agencies, quantum and neoclassical economics, money and capital markets.

The development experience is different today, as countries are confronted with challenges like never before. We are entering a new era, in which a series of innovations that leverage the internet could have a major impact on economic growth. Blockchain, the Internet of things, 3D printing, artificial intelligence, and have the potential to profoundly transform to our world. The new development context has new rules, new environmental constraints, new technologies and more competition. Therefore, development strategies and policies need to adapt to these changes, and reflect a country’s context, endowments and institutions.​

Information Index:

ISBN: 9781534299993
BIC Codes: K (Economics, finance, business and management), KC (Economics)
DEBISC: 902-005016-002-9
eBDAL: SAOC (Self-Archived by Open Copyright)
Copyright: 2019, Cambridge International Academics
Copyright License: Creative Commons Attribution-Non Commercial 4.0 International License
Type of Publication: Book Chapter (Selected Editions)
Peer Review Status: Single blind, Completed
Keywords: Economic Issues, Globalization, Global Economics