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The Wartime Change in GDP: Six Countries

The Wartime Change in GDP: Six Countries

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File: WWIintroduction7 PREFACE During the twentieth century the world experienced two deadly global wars followed by a "cold war" of unparalleled expense and danger. World War I opened this brutal epoch. To many who took part the experience was little less than apocalyptic; it seemed like an end, not a beginning. They saw it as putting a stop to hi...

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... we cannot track the changes for all countries, the figures available suggest further substantial swings which worked primarily to favour Britain and America. Figure 1, based on Table 4, shows that in wartime the British and American economies expanded by over 10 per cent. The trend in Italy's output is not really known but the Italian economy certainly kept going and did not collapse (see the appendix to chapter 00). ...

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... The coefficients of democracy are significantly positive and the coefficients of political instability are significantly negative; results that are in line with the theoretical predictions and the findings of Ross (2006), Bäck and Hadenius (2008), and Besley and Persson (2009). The coefficients of War are not statistically significant; a result that is inconsistent with the findings of Taylor and Botea (2008) and Besley and Persson (2011), among others, but consistent with the findings of Broadberry (2005) and Aidt and Jensen (2009b). Aidt and Jensen (2009b), for example, find that the establishment of temporary income taxes often coincided with the outbreak of wars. ...
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Yaklaşık 40 yıldır Türk finans sisteminde kendisine yer bulan ve özellikle son yıllarda kamu kesimi tarafından da ciddi ölçüde desteklenen katılım bankalarının Eylül 2021 dönemi verilerine göre Türk bankacılık sektörü aktiflerinden aldığı pay %7,54 seviyesine ulaşmış olup, sektör 2025 yılında %15 pazar payına ulaşma hedefiyle (TKBB, 2021b) çalışmalarını sürdürmektedir. Hedefe ulaşabilme sürecinde sektördeki karar alıcılara katkı sunması beklenen çalışmamızın bulguları; kamu tarafından verilen desteklerin de etkisiyle güçlü bir büyüme performansı ortaya koyan ve ayrıca krizlerden etkilenme dereceleri görece sınırlı olan katılım bankalarının barındırdıkları yüksek büyüme potansiyellerini hayata geçirebilmeleri için; tanınırlık/ bilinirlik, kamuoyu algısı, fiziki şube yatırımları, ürün-hizmet çeşitliliği ve insan kaynakları konularında etkili çalışmalar yapmaları gerektiğine, işaret etmektedir.