Abstract: After the Rose Revolution of 2003, Georgia has achieved an unparalleled socioeconomic success. However, economic growth since 2012 has been sluggish and certainly not enough to rapidly improve the county’s standard of living that still remains substantially low compared to that in developed nations. Recent poor economic performance has shown that some key challenges need to be addressed if Georgia is to achieve high future economic growth that will decrease the poverty rate and create a middle class in the country. This paper offers in detail analysis of the economic performance of Georgia since 2012 and identifies key challenges facing the country’s economy. The main challenge going forward will be transforming Georgia from a consumption-driven to a production-oriented economy. It is identified that mobilizing domestic investment through savings, attracting foreign investment in tradable sectors and expanding the country’s export base will be crucial in the facilitation of the above-mentioned structural transformation. As the outcome of the research, the paper suggests a strategy for accelerating Georgia’ future economic growth and offers recommendations based on the relevant conclusions.
Abstract: Inflation and foreign trade are the most important economic indicator of a country. In this study, Turkey's economy with the policies adopted after 2000, given how performs an economic transformation. This transformation of the economy is discussed with inflation and foreign trade. In this context, attention is drawn to 2001 Strong Economy and Transition Program and 2006 Inflation Targeting Regime. The evaluation was performed of after the year 2000 inflation and foreign trade figures in Turkey economy. When we looked the progress, after 2000 in Turkey economy, we can say a new process was built up.
Abstract: This study is about the structural transformations of
aluminium examining with the Dynamic Mechanical Thermal
Analyzer (DMTA). It is a faster and simpler measuring method to
make consequence about the metal’s structural transformations. The
device measures the changing of the mechanical characteristics
depending on the heating rate, and concludes certain transformations.
This measuring method fast and shows clean-cut results comparing
the conventional ways.
Applying polymer measuring devices for metal investigations is
not widespread method. One of the adaptable ways is shown in this
study. The article compares the results of the small specimen test and
the DMTA method, considering the temperature and the forming
dependence of recrystallization temperature.
Abstract: We report the microstructural and magnetic properties
of Ni50Mn39Sn11 and Ni50Mn36Sn14 ribbon Heusler alloys.
Experimental results were obtained by differential scanning
calorymetry, X-ray diffraction and vibrating sample magnetometry
techniques. The Ni-Mn-Sn system undergoes a martensitic structural
transformation in a wide temperature range. For example, for
Ni50Mn39Sn11 the start and finish temperatures of the martensitic and
austenite phase transformation for ribbon alloy were Ms=336K,
Mf=328K, As=335K and Af=343K whereas no structural
transformation is observed for Ni50Mn36Sn14 alloys. Magnetic
measurements show the typical ferromagnetic behavior with Curie
temperature 207 K at low applied field of 50 Oe. The complex
behavior exhibited by these Heusler alloys should be ascribed to the
strong coupling between magnetism and structure, being their
magnetic behavior determined by the distance between Mn atoms.
Abstract: While import-substituting industrialization policy
constitute the basis for the industrialization strategies of the 1960s
and 1970s in Turkey, this policy was no longer sustainable by the
1980s. For this reason, export-oriented industrialization policy was
adopted with the decisions taken on January 24, 1980. In other words,
the post-1980 period, Turkey's economy has adopted outwardoriented
industrialization strategy.
In this study, it is aimed to analyze the effect of the change in
economic structure on foreign trade with the transformation of
foreign trade and industrialization policies in the post-1980 period. In
this respect, in order to analyze the relationship between import,
export and economic growth by using variables of the 1960-2011
period, Chow test was applied. In the analysis the reason for using
Chow test is whether there is any difference in economic terms
between import-substituting industrialization policy applied in the
1960-1980 period and the 1981-2011 period during which exportoriented
industrialization policy was applied as a result of the
structural transformation.