Epidemics have changed the global order throughout history. For example, the Plague epidemic was allowed the transition from feudalism to capitalism. Coronavirus, which appeared in Wuhan, China in 2019 and spread all over the world in 2020, has also affected the whole world socially, politically, and economically. However, since it is only a new case, the most devastating effect that can be seen is deepening poverty. What this study wants to emphasize is to try to explain with data how the coronavirus process deepens poverty in Turkey.
Throughout Russia’s history, it has had its ups and downs. The turning point of these ups and downs; 1905, 1917, and 1991. In 1905, the first of these given dates, there was a political liberalization. However, Tsarist Russia, which entered an economic stalemate with the unraveling of serfism, got rid of feudalism and adopted the policies of socialism in 1917. However, Russia, which lost to the United States in the Cold War, accepted this defeat and integrated it into the world global system. The element that is to be emphasized in this article is to emphasize the extent to which political transformations affect economic factors.
Starbucks, an American corporation established in Seattle in 1971, and become one of the well-known companies around the world. The business strategy of Starbucks has facilitated the company to captivate scores of customers from all over the world, which reciprocally gives rise to being one of the biggest coffee house chains in more than 62 […]
Ever can’t help thinking about why the Turkish Lira doesn’t appear to stretch as far as it is used to? The explanation is quite simple: It’s less valuable. In summing up the situation, Mahfi Eğilmez’s, a well-known Turkish economist who graduated from Ankara University, tweet is striking. He states that the Turkish lira has depreciated […]
Country risk analysis is not a novel phenomenon in the finance literature, instead, it has a deep-rooted historical background. Owing to the fact that it facilitates multinational firms, seeking new opportunities abroad, to identify and assess the business environment in which they are to perform, the significance of the country risk analysis ought to be […]
Economics as a science dates back to the 1700s, and the market economy as we know it today also came into existence after the Industrial Revolution as well. Of course, there has been economic activity prior to that date and it is possible to explain the nature of it by using the current tools of […]
Moody’s, which is an International Credit Rating Agency, decreased the Credit Rating of Turkey from B1 level to B2 level. This grade is 5 notches below the investment grade. The Republic of Turkey didn’t fall at this level even during the largest economic crisis of her history in 2001. There are countries such as Uganda, […]
The world is starting to experience perhaps the worst crisis that it has ever seen: climate change. We seriously need to reconsider the way we organize our economy and production for a sustainable life. However, it seems like our politicians are not willing enough to apply what is necessary due to political and economic concerns. […]
Back in 2012 when Gangnam Style by PSY first made a big splash, it was when the Hallyu – the Korean Wave – hit the Western world. Some may argue over the nature of its viral popularity (bordering on notoriety) in Internet meme culture than pop music. But the undisputed fact remains – it gave […]
COVID-19 has started to spread all over the world when it existed in China at the beginning of 2020. Therefore, there are economic and educational effects of the spread of COVID-19 in terms of countries.