Exploring the Link Between the International Students and the Economic Growth of Turkey

Exploring the Link Between the International Students and the Economic Growth of Turkey

Mehmet Durnali, Şenol Orakci
DOI: 10.4018/978-1-6684-5929-4.ch018
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Abstract

A compact literature will find pragmatic or normative true consensus on relationships between international students and economic growth whether it is new or not. In this context, the authors see that accumulated systematic knowledge is mostly seen in the literature on the United States of America, Great Britain, and Canada. Those are the countries that most international students have been studying. At this point, what motivated the authors is that the topic needs to be extended to the Turkiye context. To that end, the objective of this study is to examine basic indicators of Türkiye's recent growth in the economy at a glance and its link with international students. Particularly, the background part outlines an overview of exploring questions of what influences economic output, ultimate determinants of growth in the economy, the significance of gross domestic product (GDP), and indicators of economic growth by comparing GDP in current prices with the real GDP systematically referring to the literature. The characteristic of qualitative document analysis methodology dominates this study.
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Türkiye's Economic Growth In Recent History

Türkiye's economy is categorized in a developing market economy. Türkiye is among the leading countries of the world in the production of agriculture; textile; motor vehicles, ships and other transport vehicles; construction materials; consumer electronics and household appliances (Trading Economics, 2017). Besides, it is obvious that higher education is no exception in recent history especially medicine, various engineering and defense industry fields. The growth in recent years has been rather robust regardless of the extremely negative external regional and domestic circumstances. Employment has been increased particularly for vulnerable groups and underdeveloped regions. Although external deficits have expanded and net foreign investment position has deteriorated slightly over the past decade, Türkiye is now not experiencing a “boom and sink” cycle (OECD, 2016: 10).

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