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Global Markets and Real Economy

Theoretical and Empirical Approaches

by Muhammed Veysel Kaya (Volume editor)
©2025 Edited Collection XXXVI, 542 Pages

Summary

Financial markets and the real economy are deeply interconnected, yet their relationship remains complex and often misunderstood. In an era of global shocks and rapid capital flows, understanding this interplay is more important than ever. This book explores the dynamic links between global financial systems and macroeconomic fundamentals, combining theoretical frameworks with empirical analysis. It examines how financial markets influence economic growth, investment, employment, and policy responses across diverse economies. Using both qualitative insights and data-driven approaches, the author investigates key phenomena such as market volatility, capital mobility, and globalization’s impact on domestic economies. By bridging theory with real-world evidence, this book offers a nuanced perspective on how financial forces shape economic outcomes in a globalized world.

Table Of Contents

  • Cover Page
  • Title Page
  • Copyright Page
  • Table of Contents
  • List of Contributors
  • List of Figures and Graphs
  • List of Tables
  • Foreword
  • Workforce Engagement and Employee Relations in Multinationals: Insights from Greece
  • Uncertainty and Crisis in Sovereign Bond Markets: A Threshold Regression Model for Greek Sovereign Spreads
  • Social Finance and Social Impact Investing: Investments with Social Impact and the Role of Social Bonds
  • Financial Analysis of the Operations of Pošta Slovenije, d. o. o., and a Comparison with the Performance of Some European Postal Operators
  • Forecasting and Evaluating Economized Government Procurements Based on an Econometric Model
  • Forecasting and Evaluating Public Procurement through Auctions and Electronic Bidding in Budget Organizations Based on an Econometric Model
  • Wallet, or Won’t It? Helping Merchants Discover the Value of M-Payments
  • Increasing the Capacity of Digital Payment Systems by Investing in Digital Infrastructure (as an Example of OECD Countries)
  • Econometric Evaluation of Payment System Modernization Amid Digital Transformation: Insights from Uzbekistan’s Central Bank
  • Mapping Renewable Energy Insurance Using Bibliometric Visualization
  • Assessment of the Impact of Advanced Digital Technologies on Industrial Economic Structures in Uzbekistan
  • Econometric Analysis of the Process of Fiscal and Monetary Policy Co-ordination in the Economy of Uzbekistan based on Multivariate Linear (LS) and ARDL Models
  • Econometric Analysis of the Impact of Numerical Parameters and Deposit Rates on Increasing Liquidity Dynamics in the Process of Transforming the Banking System
  • Forecasting and Planning the Process of Co-ordinating Fiscal and Monetary Policy in the National Economy Based on the ARIMA Model
  • National in the Economy Customs Office Evaluating the Forecasting of the Amount of Payments Based on an Econometric Model
  • High Education Institutions State Purchases done in Increasing Financial of Practices Econometric Models Based on the Impact Assessment
  • Forecasting and Planning the Proportion of Enterprises Not Using Digital Technologies Based on the ARIMA Model
  • Evaluating the Impact of Human Capital Investment on Economic Processes
  • Forecasting of Grain Crops Productivity Based on Brown and Hold Models
  • Fiscal Sustainability in the European Union: A Heterogeneous Macro-Panel Approach
  • Bibliometric Analysis Based on Scopus Database: Government Size
  • The Impact of Healthcare Accessibility on Community Economic Resilience
  • The Features of Integration of the Republic of Moldova in European Foreign Exchange Market
  • High-Impact Forecasting of Uzbekistan’s Economic Landscape Using ARIMA Models for Forward-Looking Policy Design
  • The Impact of Migrants’ Personal Remittances on Selected Macroeconomic Indicators of Uzbekistan
  • Analysis of the Financial Sustainability of Higher Education Institutions Based on Cluster Approaches
  • The Importance of Management Control Systems in the Success of Small and Medium-Sized Enterprises
  • Banking Digital Transformation: The Covid-19 Pandemic Accelerator
  • Sustainable Future: Rethinking Economy, Education, and Entrepreneurship in a Changing World

List of Contributors

Theodore Koutroukis

University of Thrace, Komotini, Greece

Dimos Chatzinikolao

University of Nicosia, Nicosia, Cyprus

Elenica Sofianova

University of Nicosia, Nicosia, Cyprus

Charis Vlados

University of Štip, North Macedonia

Ersi-Iliana Savvopoulou

European

Cemil Senel

Ankara Haci Bayram Veli University, Turkiye

Selinay Aygun

Ankara Haci Bayram Veli University, Turkiye

Miha Robežnik

The College of Accounting and Finance, Ljubljana, Slovenia

Vladimir Bukvič

Faculty of Entrepreneurship Ljubljana, Slovenia

Zokir Mamadiyarov

Mamun University, Khiva, Uzbekistan,

Tashkent State University of Economics, Tashkent, Uzbekistan

Alfraganus University, Tashkent, Uzbekistan

Sarvar Turabov

Tashkent State University of Economics, Tashkent, Uzbekistan

Samariddin Makhmudov

Termez University of Economics and Service, Termez, Uzbekistan

Alfraganus University, Tashkent, Uzbekistan

Tashkent State University of Economics, Tashkent, Uzbekistan

Nargizaxon Shamshiyeva

Tashkent State University of Economics, Tashkent, Uzbekistan

Bobur Mirzayev

Alfraganus University, Tashkent, Uzbekistan

Umida Salikhodjaeva

Tashkent State University of Economics, Tashkent, Uzbekistan

Alima Tleubergenova

Tashkent State University of Economics, Tashkent, Uzbekistan

Mansur Eshov

Alfraganus University, Tashkent, Uzbekistan

Jamshid Pardaev

Termez University of Economics and Service, Termez, Uzbekistan

Raya Karlibaeva

Tashkent State University of Economics, Tashkent, Uzbekistan

Shahnoza Sunatullayeva

Tashkent State University of Economics, Tashkent, Uzbekistan

Nozila Toxtayeva

Tashkent State the University of Economics, Tashkent, Uzbekistan

Sabrina Leo

Sapienza University of Rome, Department of Management, Rome, Italy

Ida Claudia Panetta

Sapienza University of Rome, Department of Management, Rome, Italy

Khayrilla Kurbonov

Center of the Engagement of International Ranking Agencies, The EU CARSI International Project Participant, Tashkent State University of Economics, Tashkent, Uzbekistan,

Akbar Jumayev

Tashkent State University of Economics, Tashkent, Uzbekistan

Mirzabek Jonuzokov

Tashkent State University of Economics, Tashkent, Uzbekistan

Bakhtiyor Klichev

Mamun University, Khiva, Uzbekistan

Tashkent State University of Economics, Tashkent, Uzbekistan

Shakhzoda Farxadova

Tashkent Management of Economic Institute, Tashkent, Uzbekistan

Siddik Sayfullayev

Tashkent State University of Economics, Tashkent, Uzbekistan

Aziza Azlarova

Tashkent State University of Economics, Tashkent, Uzbekistan

Gulshat Karlibaeva

Tashkent State University of Economics, Tashkent, Uzbekistan

Boburbek Giyosidinov

Tashkent State Transport University, Tashkent, Uzbekistan

Valentina Ninova

Tsenov Academy of Economics, Svishtov, Bulgaria

Nikolay Ninov

Tsenov Academy of Economics, Svishtov, Bulgaria

Alisher Ruziyev

Tashkent State University of Economics, Tashkent, Uzbekistan

Saodat Yuldasheva

Tashkent State Transport University, Tashkent, Uzbekistan

Feruza Bekbayeva

Tashkent State University of Economics, Tashkent, Uzbekistan

Gulnaz Aymurzaeva

Tashkent State University of Economics, Tashkent, Uzbekistan

Hakimjon A. Hakimov

Tashkent State University of Economics, Tashkent, Uzbekistan

Dilnoza Azlarova

University of Science and Technology, Tashkent, Uzbekistan

Isroilova Muhabbat

National University of Uzbekistan named after Mirzo Ulugbek, Tashkent, Uzbekistan

Gulchekhra Nigmatullayeva

Tashkent State University of Economics, Tashkent, Uzbekistan

Sultanov Makhmud

Tashkent University of Applied Sciences, Tashkent, Uzbekistan

Malika Umarova

Research center “Scientific bases and issues of economic development of Uzbekistan” under Tashkent State University of Economics, Tashkent, Uzbekistan

Gafurov Ubaydullo

Tashkent State University of Economics, Tashkent, Uzbekistan

Zaripa Akbarova

Tashkent State University of Economics, Tashkent, Uzbekistan

Odil Norboev

Tashkent State University of Economics, Tashkent, Uzbekistan

Feruza Daniarova

Mirzo Ulugbek National University of Uzbekistan, Tashkent, Uzbekistan

Matluba Abdurakhmanova

Tashkent State University of Economics, Tashkent, Uzbekistan

Mirjalol Eshboev

Tashkent State University of Economics, Tashkent, Uzbekistan

Tulkin Pardayev

Customs Institute of the State Customs Committee, Tashkent, Uzbekistan

Khaitmurat Khujakulov

Tashkent State University of Economics, Tashkent, Uzbekistan

Mukaddas Elbaeva

Tashkent University of Architecture and Civil Engineering, Tashkent, Uzbekistan

Tolib Nutfulloyev

Tashkent State University of Economics, Tashkent, Uzbekistan

Ma’mura Abdujaborova

Tashkent State University of Economics, Tashkent, Uzbekistan

Nurguzal Kabulova

Tashkent State University of Economics, Tashkent, Uzbekistan

Mohigul Murodova

Tashkent State University of Economics, Tashkent, Uzbekistan

Nuriddin Javliev

Tashkent State University of Economics, Tashkent, Uzbekistan

Nargiza Talapova

Namangan State University, Namangan, Uzbekistan

Nigora Khayitova

Tashkent State University of Economics, Tashkent, Uzbekistan

Gulzar Jumatova

Tashkent State University of Economics, Tashkent, Uzbekistan

Olmos Ochilov

Tashkent State University of Economics, Tashkent, Uzbekistan

Askarjon Samadov

Tashkent State University of Economics, Tashkent, Uzbekistan

Rasul Salayev

National Research University: “Diplomat University”, Tashkent, Uzbekistan

Saidov Mashal

Alfraganus University, Tashkent, Uzbekistan

Gulizahro Turayeva

Gulistan State University, Guliston, Uzbekistan

Tashkent State University of Economics, Uzbekistan

Shoh-Jakhon Rakhmat ogli Khamdamov

Mamun University, Khiva city, Uzbekistan,

Alfraganus University, Tashkent, Uzbekistan

Tashkent State University of Economics, Uzbekistan

Fakhriddin Ikromovich Isayev

Research Center CEDR, Tashkent State University of Economics, Tashkent, Uzbekistan

Komil Rabbimovich Khotamov

International School of Financial Technology and Science, Tashkent, Uzbekistan

Tashkent State University of Economics, Tashkent, Uzbekistan

Nurbek Kadirovich Rizaev

Kimyo International University, Tashkent, Uzbekistan

Tashkent State University of Economics, Tashkent, Uzbekistan

Nafisa Mukhammadiyeva

Tashkent State University of Economics, Uzbekistan

Olgica Glavaški

University of Novi Sad, Faculty of Economics in Subotica, Subotica, Republic of Serbia

Emilija Beker Pucar

University of Novi Sad, Faculty of Economics in Subotica, Subotica, Republic of Serbia

Seda Bayrakdar

Ankara Haci Bayram Veli University, Türkiye

Constantinos Challoumis

National and Kapodistrian University of Athens

Svetlana Biloocaia

Moldova State University, Republic of Moldova

Nargiza Shaislamova

Tashkent State University of Economics, Tashkent, Uzbekistan

Alisher Sherov

Mamun University, Khiva, Uzbekistan

Umidjon Matyakubov

Mamun University, Khiva, Uzbekistan

Mukhiddin Kalonov

Navoi State University, Navoi, Uzbekistan

Toshmurod Kulmanov

Tashkent State University of Economics, Tashkent, Uzbekistan

Amina Ruzikulova

Navoi State University, Navoi, Uzbekistan

Vera Susana Nunes Amarante Ribeiro

Setúbal Polytechnic University, Setúbal, Portugal

Pedro Fernandes da Anunciação

Setúbal Polytechnic University, Setúbal, Portugal

Antonio Juan Briones Peñalver

Polytechnic University of Cartagena, Cartagena, Spain

Fernando Miguel Gonçalves

Setúbal Polytechnic University, Setúbal, Portugal

Madalena Joyce Fernandes Gaio

Setúbal Polytechnic University, Setúbal, Portugal

João David Oliveira Rocha

Setúbal Polytechnic University Setúbal, Portugal

Ivan Peronja

University of Split, Croatia

Cemil Senel

Ankara Haci Bayram Veli University, Türkiye

Selinay Aygun

Ankara Haci Bayram Veli University, Türkiye

Details

Pages
XXXVI, 542
Publication Year
2025
ISBN (PDF)
9783631940600
ISBN (ePUB)
9783631941485
ISBN (Softcover)
9783631941478
DOI
10.3726/b23103
Language
English
Publication date
2025 (December)
Keywords
Global economy Financial markets Macroeconomics International trade Capital flows Investment Economic growth Market volatility Monetary policy Fiscal policy Globalization Empirical analysis Economic theory Real economy Policy response
Published
Berlin, Bruxelles, Chennai, Lausanne, New York, Oxford, 2025. xxxvi, 542 pp., 128 fig. b/w, 100 tables.
Product Safety
Peter Lang Group AG

Biographical notes

Muhammed Veysel Kaya (Volume editor)

Muhammed Veysel Kaya is a professor at Ankara Haci Bayram Veli University, Türkiye. He teaches macroeconomics and central banking in post graduate and PhD programmes. His research interests include macroeconomics, banking, monetary policy and economic growth.

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