One of the most important factors for the healthy functioning of a country's development level is the system or model preferred. In this context, the market economy and its implementers as they increase manufacturing and welfare won the race against the planned economy during the cold warand entered into the process globalization, which is inevitable in the world. The race to transform centrally planned economies into market economies has led, twenty years later, to one group of countries approaching the finish line, others languishing at various points along the track, and a few barely off the starting blocks. Some Central and Eastern European economies (CEE) and the Baltics are knocking on the doors of the European Union. But in many economies in the Commonwealth of Independent States (CIS), including Russia, there has been uneven progress and prospects remain murky. The main objective of this study is to analyze the reasons of abandonment of socialism and comparison with the free market economy.

The European Union (EU) consists of countries and regions which have culturally, socially and economically different structures. Reducing these differences have been aimed at by applying regional development policy tools. The aim of the study is to evaluate the tools that are necessary for the implementations of EU regional development policies and discuss the financial aid given to Turkey within the framework of regional development policies. Moreover concluding remarks of the study stress propositions towards increasing the efficiency of financial aid in Turkey.

This study examines the effect of real exchange rate uncertainty on fixed capital investment in private sector in Turkey using yearly time series data between 1970-2004 period. Reel interest rates and net credits / GDP ratio variables are used as other independent variables in the model. Reel exchange rate uncertainty variable is produced by ARIMA modeling. An error correction model is developed and used to estimate the coefficients. The results demonstrate that net banking credits to GDP ratio variable positively and reel interest rates negatively affect the fixed capital investment to GDP ratio, as expected. The reel exchange rate uncertainty has found to be negative and significant effect on fixed capital investment. The results support the idea that exchange rate uncertainty does matter for private sector investments in Turkey.

The purpose of this study is to examine the relationships between the perceptions of transformational leadership and knowledge based organization and organizational knowledge creation process called knowledge management capabilities. The sample of this study was consisted of 90 firms registered Republic of Turkey Small and Medium Enterprises Development Organization in Erzurum. The survey study was conducted on the employees of these firms. As a result of the research showed that transformational leadership both affected knowledge based management and organizational knowledge creation process significantly and positively, and knowledge based management has more effects on organizational knowledge creation process significantly and positively.

Queueing (Waiting Lines) is unavoidable in many real industrial and service operations. Queueing theory and queueing models have provided insight into many industrial and service situations. Most of this analysis assumes constant parameter values and steady-state results are appropriate. However many real service operations face significant variations in their customers’ arrival rates over time such as day, week, month or year. In these cases steady-state results may only offer a poor approximation. For this purpose, the Discrete Time Modelling approach can be used to evaluate the time-dependent behaviour of queueing systems. The aim of this paper is to apply DiscreteTime Modelling approach to evaluate the performance of a bank branch that proves the time dependent behaviour for customer arrivals. It has been seen that the Discrete Time Modelling helps to evaluate various scenarios and to determine the most appropriate one regarding to predetermined levels of performance measures.

Ibn Taymiyah, known from written works of fatwa and fiqh at the beginning of 14th century, is a famous, Islamic and political theorist of Middle Ages. Ibn Taymiyah who supports the necessity of returning to the first century of islam into politics and economic relations is considered as the originator of Salafi thought. During his lifetime, his ideas rejected by the States of Seljuk, Mamluk and Ottoman begin to catch people’s attention after 18th century and they are widely accepted by some Arab monarchies which are established in 20th century.

The aim of this study is to examine the effects of 2008 Global Financial Crisis on Turkish submarkets. For this aim, the sector specific effects of the crisis were analyzed by checking the changing on selected market groups in the crisis terms. In the study, industrial turnover indexes were examined by ARIMA models. The shocks effects of the crisis were scaled by magnitude of economic shocks in constrictions (MESC) indexes.