New Research Publication: Exploring Economic Growth in Developing Countries – A Comparative Analysis of Turkey and Bangladesh
We are delighted to share our latest publication, “Determinant on Economic Growth in Developing Countries: A Special Case Regarding Turkey and Bangladesh,” recently featured in the Journal of the Knowledge Economy.
This comprehensive study dives deep into the factors influencing economic growth in emerging economies, focusing specifically on Turkey and Bangladesh. Using panel data collected over four decades (1981–2020), the research uncovers the critical roles played by macroeconomic indicators such as GDP growth, population growth, inflation, literacy rates, and foreign direct investment (FDI).
Key Findings and Insights:
- Macroeconomic Variables & Growth: The study examines how population dynamics, inflation trends, and literacy levels directly and indirectly impact GDP growth.
- Country-Specific Contexts: It highlights the unique socio-economic challenges and opportunities in Turkey and Bangladesh, two nations with different economic trajectories yet shared aspirations for development.
- Policy Recommendations: The research provides practical guidelines for policymakers, emphasizing the importance of inclusive growth strategies, investments in education, and sustainable economic policies to foster long-term development.
Why This Research Matters:
Economic growth is a cornerstone of sustainable development, particularly in developing countries striving to improve living standards and reduce inequality. By analyzing decades of data, this study offers critical insights into the mechanisms that drive growth and the challenges that policymakers must address to achieve their development goals.
The findings are particularly relevant for stakeholders, including academics, policymakers, and development practitioners, who are engaged in fostering sustainable growth in similar emerging economies.
Access the Full Article:
We invite you to explore the complete findings of this research in the Journal of the Knowledge Economy.
Click here to read the full article.
As we continue our research journey, we remain committed to addressing pressing global challenges through innovative and impactful studies. Stay tuned for more updates on our work!
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