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                    <text>The Role of Social Media on Corporate Reputation in the Smartphone
Market: A Student Perspective
HilalAsil
Fatih University
Turkey
hilalasil@fatih.edu.tr
DeryaOkumuş
Fatih University
Turkey
okumusderya@gmail.com
Yasemin Torun
Marmara University
Turkey
yasemintorun34@gmail.com
Abstract:Shamma (2012) noted that “Corporate reputation is more important than ever”. The
highly turbulent business environment aroused different stakeholder groups’ expectations
leading to pressure that contributed to the generation of a behavior focusing on examining
and managing a company’s reputation. There is an increasing belief among companies in
corporate reputation which is an intangible asset. However, this is not only dependent upon
the managerial efforts within the newly developing world of social media. As Jones (2009)
emphasized in blogs, social Networks, wikis, podcasts, mail groups, news groups, forums and
chat rooms, the corporate reputation can easily be either enhanced or permanently damaged.
Although management researchers have more interest in social media, there are no sufficient
empirical researches that reveal the relationship between social media and corporate
reputation. Smartphone which is not much addressed in the literature is one of the fastest
growing and developing industries. Because of the target audience of smart phone producer's
and sellers are the young people who are at the sometime follow social media and
technological advances more closely, university students have been selected as a sample.
The aim of this study is to examine the impact of social media on corporate reputation and
how this is perceived by the university students. In the study, after reviews the literature of
corporate reputation and social media a survey is set out to analyze how the university
students who are smart phone users have perceived the relationship between corporate
reputation and social media. Two leading companies in smart phone market and the impacts
of their social media activities on corporate reputation are examined comparatively. It is
empirical evidence that the company which is using social media more actively and effectively
has a high perception of corporate reputation. This result indicates the significance of the use
of social media to manage the corporate reputation which is regarded as most invaluable
asset for the company. The finding might hopefully fill the gap in the literature and prepare
the ground for further future research in the field.
Keywords: Corporate Reputation, Social Media, Smart phones.

192

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Derya, OKUMUŞ
Yasemin, TORUN</text>
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                <text>Shamma (2012) noted that “Corporate reputation is more important than ever”. The highly turbulent business environment aroused different stakeholder groups’ expectations leading to pressure that contributed to the generation of a behavior focusing on examining and managing a company’s reputation. There is an increasing belief among companies in corporate reputation which is an intangible asset. However, this is not only dependent upon the managerial efforts within the newly developing world of social media. As Jones (2009) emphasized in blogs, social Networks, wikis, podcasts, mail groups, news groups, forums and chat rooms, the corporate reputation can easily be either enhanced or permanently damaged. Although management researchers have more interest in social media, there are no sufficient empirical researches that reveal the relationship between social media and corporate reputation. Smartphone which is not much addressed in the literature is one of the fastest growing and developing industries. Because of the target audience of smart phone producer's and sellers are the young people who are at the sometime follow social media and technological advances more closely, university students have been selected as a sample.  The aim of this study is to examine the impact of social media on corporate reputation and how this is perceived by the university students. In the study, after reviews the literature of corporate reputation and social media a survey is set out to analyze how the university students who are smart phone users have perceived the relationship between corporate reputation and social media. Two leading companies in smart phone market and the impacts of their social media activities on corporate reputation are examined comparatively. It is empirical evidence that the company which is using social media more actively and effectively has a high perception of corporate reputation. This result indicates the significance of the use of social media to manage the corporate reputation which is regarded as most invaluable asset for the company. The finding might hopefully fill the gap in the literature and prepare the ground for further future research in the field.  Keywords: Corporate Reputation, Social Media, Smart phones.  </text>
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Derya, OKUMUŞ
Yasemin, TORUN</text>
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                <text>Shamma (2012) noted that “Corporate reputation is more important than ever”. The highly turbulent business environment aroused different stakeholder groups’ expectations leading to pressure that contributed to the generation of a behavior focusing on examining and managing a company’s reputation. There is an increasing belief among companies in corporate reputation which is an intangible asset. However, this is not only dependent upon the managerial efforts within the newly developing world of social media. As Jones (2009) emphasized in blogs, social Networks, wikis, podcasts, mail groups, news groups, forums and chat rooms, the corporate reputation can easily be either enhanced or permanently damaged. Although management researchers have more interest in social media, there are no sufficient empirical researches that reveal the relationship between social media and corporate reputation. Smartphone which is not much addressed in the literature is one of the fastest growing and developing industries. Because of the target audience of smart phone producer's and sellers are the young people who are at the sometime follow social media and technological advances more closely, university students have been selected as a sample.  The aim of this study is to examine the impact of social media on corporate reputation and how this is perceived by the university students. In the study, after reviews the literature of corporate reputation and social media a survey is set out to analyze how the university students who are smart phone users have perceived the relationship between corporate reputation and social media. Two leading companies in smart phone market and the impacts of their social media activities on corporate reputation are examined comparatively. It is empirical evidence that the company which is using social media more actively and effectively has a high perception of corporate reputation. This result indicates the significance of the use of social media to manage the corporate reputation which is regarded as most invaluable asset for the company. The finding might hopefully fill the gap in the literature and prepare the ground for further future research in the field.  Keywords: Corporate Reputation, Social Media, Smart phones.  </text>
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                    <text>The Informal Economy in Albania: Concepts, Approaches and Policy
Considerations

ErindaImeraj
Epoka University
Albania
eimeraj@epoka.edu.al
JulindaKeci
Epoka University
Albania
jkeci@epoka.edu.al

Abstract: Informality or informal economy and development is a clue problem that is broadly
discussed as it is caused by various factors such as: rapid economical and political changes,
inadequate planning and housing policy, out-of date legislation and public structures, etc.
This situation has created important challenges in many cities, especially post-communist
ones in Sothern and Eastern Europe. The comparison of Western Countries and economies
with the Third World or developing ones has always brought interesting and paradoxical
situations. They have the house but not the title of it, De Soto explains.
This study presents a typology of informal settlements, reviews the traditional policies and
presents the emerging trends in legislations and regulations in Albania. The three most
discussed approaches to informal economy are briefly analyzed in this study. Based on the
theory of developing countries as Albania is, the methodology of the study is based on
analytical approach together with the official data of Albania gathered from official sites for
statistics as INSTAT and ALUIZNI of Albania. Furthermore, it provides an in-depth
economical analysis on the challenges associated with this phenomenon, demonstrating the
complexity of the situation and the need for a sensitive solution. The costs of the approaches,
as well as the advantages or disadvantages of them, areidentifiedbased on the Albanian
situation.
The conclusion of this study leads to the third most important approach, which is legalization,
being as the most efficient for the Albanian informality situation and the continuing of the
country development. Therefore most of the developingcountries are working on the same
approach by developing the legislation and practicing it.
Keywords: Informality, Legislation, Albania.

13

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KECI, Julinda</text>
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                <text>Informality or informal economy and development is a clue problem that is broadly discussed as it is caused by various factors such as: rapid economical and political changes, inadequate planning and housing policy, out-of date legislation and public structures, etc. This situation has created important challenges in many cities, especially post-communist ones in Sothern and Eastern Europe. The comparison of Western Countries and economies with the Third World or developing ones has always brought interesting and paradoxical situations. They have the house but not the title of it, De Soto explains.   This study presents a typology of informal settlements, reviews the traditional policies and presents the emerging trends in legislations and regulations in Albania. The three most discussed approaches to informal economy are briefly analyzed in this study. Based on the theory of developing countries as Albania is, the methodology of the study is based on analytical approach together with the official data of Albania gathered from official sites for statistics as INSTAT and ALUIZNI of Albania. Furthermore, it provides an in-depth economical analysis on the challenges associated with this phenomenon, demonstrating the complexity of the situation and the need for a sensitive solution. The costs of the approaches, as well as the advantages or disadvantages of them, areidentifiedbased on the Albanian situation.   The conclusion of this study leads to the third most important approach, which is legalization, being as the most efficient for the Albanian informality situation and the continuing of the country development. Therefore most of the developingcountries are working on the same approach by developing the legislation and practicing it.   Keywords: Informality, Legislation, Albania.</text>
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                    <text>The Importance of Cultural and Gastronomic Tourism in Local Economic
Development: Zile Sample
Mehmet Kocaman
Gaziosmanpaşa University
Turkey
mehmet.kocaman@gop.edu.tr
EmelMemisKocaman
Gaziosmanpaşa University
Turkey
ememis4@hotmail.com
Abstract: More rational source distribution in Turkey recently has brought forward the
principles of optimality in investment planning. Therefore, many rural areas have been
negatively affected from this state. Accordingly, alternative tourism provides important
opportunities for rural regions. People living in these regions have become to give
importance to local tangible and intangible cultural assets, which are present around their
environment and gastronomic products consisting of regional tastes. As a branch of tourism
consisting of local foods and beverages distinctive to each region, gastronomy positively
contributes to local development. Foods with authentic geographical origins strengthen the
image of region and enable branding and the development of rural tourism.
Zile District, Tokat Province, could not receive sufficient share from state investments due to
its location and therefore could not complete its economic development. Recently, cultural
tourism practices in Zile District have accelerated; in this frame, old Zile houses have been
restored and opened as boutique hotels and the number of businesses making and selling
local foods has increased. In addition, cultural activities have started to be planned as a tool
for economic development in Zile District. These activities include Zile Cherry Festival,
Ramadan Activities, The Celebrations of Ahi-Order Week, Centuries-Old Fair of Zile, The
Activities of Muharram Month, Asırlık Kırk Hatim (A centuries-old tradition to read the
whole of Koran in forty days), and the festivals conducted in villages.
This study expresses the elements regarding cultural and gastronomic tourism in Zile District
and their contributions to regional economic development and indicates what should be done
to get more effective benefits and to increase its positive contributions.
Keywords: Local development, gastronomy, cultural tourism.

208

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                <text>Consumer Attitude Toward Mobile Marketing in BH</text>
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Teoman, DUMAN</text>
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                <text>: Driven by the ongoing evolution in mobile technologies and the increasing popularity of the internet, the use of the mobile medium for marketing purposes is becoming more and more popular to marketers whose aim is definitely to promote their goods and services to the consumer, regardless on which way. There is no other marketing channel that is as personal, as pervasive and provides the opportunity for proximity to connect with consumers in the right place and time-that’s the power of mobile.  Since many people are still unaware of the potential of marketing via mobile devices this research aimed to examine factors based on content of mobile marketing (information, entertainment, credibility, irritation, utility) and personalization factor that are affecting the formation of attitude toward mobile marketing targeting BH consumers, and also will try bring to light the response behavior of consumers attitude toward mobile marketing practices and how consumers perceive mobile marketing in BH.  The research approach for this study is descriptive and the data will be collected by online surveys from young population of Bosnia and Herzegovina (BH). The focus of survey content will be different variables that affect consumer attitude toward mobile marketing and the findings will show which variables have positive effect and which have negative effect on consumers’ attitude.  Keywords: Marketing Channel, Mobile marketing, Survey, Consumer Attitude.  </text>
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                    <text>Historical Process of the Human Development Performance of Turkey
OrhanKandemir
Kastamonu University
Turkey
okandemir@kastamonu.edu.tr
Abstract: Human development indices of the world’s countries are published through the
UNDP. We observe that Turkey's human development index has risen during the history like
other countries of the world when these indices are examined. However, the most realistic
way to determine whether such rise is sufficient or not is to compare foregoing with that of
the other countries. In this study, we shall evaluate primarily human development indices of
Turkey and the main determinants of human development (income, education, health)
performance between the years of 1980 and 2012 comparing same with the averages of the
world and OECD countries. Subsequently, comparisons will be made within the framework of
the "inequality-adjusted human development index" data indicating whether or not the human
development has a fair distribution among different segments of the society. This is because
development of policies that will ensure the evenly distribution of this development in the
society is also as important as the rapid rise in human development in a country.
Keywords: Human development, inequality-adjusted human development index, human
development performance.

83

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                <text>Human development indices of the world’s countries are published through the UNDP. We observe that Turkey's human development index has risen during the history like other countries of the world when these indices are examined. However, the most realistic way to determine whether such rise is sufficient or not is to compare foregoing with that of the other countries. In this study, we shall evaluate primarily human development indices of Turkey and the main determinants of human development (income, education, health) performance between the years of 1980 and 2012 comparing same with the averages of the world and OECD countries. Subsequently, comparisons will be made within the framework of the "inequality-adjusted human development index" data indicating whether or not the human development has a fair distribution among different segments of the society. This is because development of policies that will ensure the evenly distribution of this development in the society is also as important as the rapid rise in human development in a country.    Keywords: Human development, inequality-adjusted human development index, human development performance.</text>
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                    <text>The Impact of Public and Private Tourism Investments on Tourism
Performance and GDP: The Case of Balkan Countries
Kemal Kantarci
Akdeniz University
Turkey
kantarci@akdeniz.edu.tr
Mustafa Unver
Gumushane University
Turkey
mustunver@yahoo.com
KazimDevelioglu
Akdeniz University
Turkey
kdevelioglu@akdeniz.edu.tr
Abstract: Tourism is one of the most promising industries in the world and is expected to
contribute to economic development of countries. The sector also has positive role in
balancing national economies in terms of current account deficit and external debts. In this
sense, the impact of tourism industry can be measured directly and indirectly in national
economies. Because of the increasing importance of tourism industry for national economies,
in this study, we will investigate the relationship between investments in tourism industry and
tourism performance and contribution to gross domestic product (GDP) in Balkan countries.
More specifically, we would like to unravel, first, the impact of our independent variables,
which are, “government individual tourism and travel (T&amp;T) spending” and “capital
investment”, on dependent variables, which are “tourist arrivals”, “tourism receipts”,
“leisure T&amp;T spending”, and “business T&amp;T spending”. Additionally, we used
aforementioned dependent variables as independent variables and investigated impact of
them on Balkan countries’ T&amp;T direct contribution to GDP and T&amp;T total contribution to
DP. Variables and model of the study are presented below.
In this study, we used World Travel and Tourism Council’s economic data for the years 19992011 to test our model for Balkan countries. In order to test our model, we used correlation
analysis instead of using multiple regression analysis because of the limited number of years
for each Balkan country. Results of our analysis revealed that for almost all Balkan countries,
public and private investments in tourism industry have a positive impact on tourist arrivals
and tourism spending, which is made by tourists. Another main finding of this study is that
tourism spending has a positive relationship with T&amp;T direct and total contribution to GDP
in Balkan countries.
Keywords: Balkan Countries, Tourism Performance, Gross Domestic Product, Government
and Private Investments

31

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UNVER, Mustafa
DEVELIOGLU, Kazim</text>
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                <text>Tourism is one of the most promising industries in the world and is expected to contribute to economic development of countries. The sector also has positive role in balancing national economies in terms of current account deficit and external debts. In this sense, the impact of tourism industry can be measured directly and indirectly in national economies. Because of the increasing importance of tourism industry for national economies, in this study, we will investigate the relationship between investments in tourism industry and tourism performance and contribution to gross domestic product (GDP) in Balkan countries. More specifically, we would like to unravel, first, the impact of our independent variables, which are, “government individual tourism and travel (T&amp;T) spending” and “capital investment”, on dependent variables, which are “tourist arrivals”, “tourism receipts”, “leisure T&amp;T spending”, and “business T&amp;T spending”. Additionally, we used aforementioned dependent variables as independent variables and investigated impact of them on Balkan countries’ T&amp;T direct contribution to GDP and T&amp;T total contribution to DP. Variables and model of the study are presented below.    In this study, we used World Travel and Tourism Council’s economic data for the years 1999-2011 to test our model for Balkan countries. In order to test our model, we used correlation analysis instead of using multiple regression analysis because of the limited number of years for each Balkan country. Results of our analysis revealed that for almost all Balkan countries, public and private investments in tourism industry have a positive impact on tourist arrivals and tourism spending, which is made by tourists. Another main finding of this study is that tourism spending has a positive relationship with T&amp;T direct and total contribution to GDP in Balkan countries.    Keywords: Balkan Countries, Tourism Performance, Gross Domestic Product, Government and Private Investments</text>
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                    <text>Financial Markets Development and Macroeconomic Stability in SubSahara Africa: Issues and Policy Options
UyiKizitoEhigiamusoe
National Institute for Legislative Studies
Nigeria
ehiuyikizexcel@yahoo.com

Abstract: The paper examines the link between financial markets development and
macroeconomic stability in Sub-Sahara Africa. The major objective of the paper is to examine
the impact of financial markets development on economic growth using secondary data
covering the period 1980-2012. It also examines the relationship between financial markets
indicators (such as the ratios of broad money supply to GDP, private sector credit to GDP,
total bank credit to GDP and market capitalization to GDP) and macroeconomic variables
(such as the growth rates of inflation, employment, and poverty and real interest rate) in the
region. The paper adopts both analytical and econometric techniques such as ordinary least
squares method, granger causality analysis, Johansson’s co-integration techniques and
vector error correction model to investigate the relationship. Evidence from the study reveals
that a long-run relationship exists between financial markets indicators and macroeconomic
variables. It was also discovered that financial markets indicators have positive and
significant impact on economic growth in countries with largely developed financial markets,
while financial markets indicators have insignificant impact on economic growth in countries
with minimally developed financial markets. It was also revealed that causality runs from
financial markets indicators to macroeconomic variables (inflation, employment, poverty and
real interest rates).
The ratios of domestic private sector credit and bank credit were found to have negative
impact on economic growth but changes in these variables cause changes in inflation,
employment and poverty rates. Furthermore, the ratio of market capitalization also has
significant impact on economic growth. If policymakers want to promote economic growth
and stabilize macroeconomic variables, they have to focus attention on long-run policies that
will accelerate the development of the financial markets through innovations and effective
supervision. Also, the governments should take it as a policy options to create the enabling
environment for the growth and development of financial markets with a view to use them to
achieve macroeconomic stability in Sub-Sahara Africa.

Keywords: Financial Markets Development, Macroeconomic Stability, Economic Growth,
Inflation Rate, Real Interest Rate, Poverty Rate, Employment Rate

57

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                <text>The paper examines the link between financial markets development and macroeconomic stability in Sub-Sahara Africa. The major objective of the paper is to examine the impact of financial markets development on economic growth using secondary data covering the period 1980-2012. It also examines the relationship between financial markets indicators (such as the ratios of broad money supply to GDP, private sector credit to GDP, total bank credit to GDP and market capitalization to GDP) and macroeconomic variables (such as the growth rates of inflation, employment, and poverty and real interest rate) in the region. The paper adopts both analytical and econometric techniques such as ordinary least squares method, granger causality analysis, Johansson’s co-integration techniques and vector error correction model to investigate the relationship. Evidence from the study reveals that a long-run relationship exists between financial markets indicators and macroeconomic variables. It was also discovered that financial markets indicators have positive and significant impact on economic growth in countries with largely developed financial markets, while financial markets indicators have insignificant impact on economic growth in countries with minimally developed financial markets. It was also revealed that causality runs from financial markets indicators to macroeconomic variables (inflation, employment, poverty and real interest rates).     The ratios of domestic private sector credit and bank credit were found to have negative impact on economic growth but changes in these variables cause changes in inflation, employment and poverty rates. Furthermore, the ratio of market capitalization also has significant impact on economic growth. If policymakers want to promote economic growth and stabilize macroeconomic variables, they have to focus attention on long-run policies that will accelerate the development of the financial markets through innovations and effective supervision. Also, the governments should take it as a policy options to create the enabling environment for the growth and development of financial markets with a view to use them to achieve macroeconomic stability in Sub-Sahara Africa.      Keywords: Financial Markets Development, Macroeconomic Stability, Economic Growth, Inflation Rate, Real Interest Rate, Poverty Rate, Employment Rate</text>
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                    <text>The Role of Institutions in Transition Economics: a Deeper Look on the
Relationship between Privatization and Economic Growth in Bosnia and
Herzegovina
SuadKrcić
International Burch University
Bosnia and Herzegovina
suad.krcic@gmail.com
ErkanIlguen
International Burch University
Bosnia and Herzegovina
erkan.ilgun@ibu.edu.ba
Abstract: The field of Institutional Economics is about the theoretical and empirical findings
that have a major role in today’s understanding of institutions. The relationship between the
institutions and Economic growth is confirmed by the literature. This paper begins with the
principles and explanations of the theoretical aspects of old and new institutional economics,
and its role in transition economics like in Bosnia and Herzegovina. Descriptive statistic is
analyzed according to the sets of variables. The author expects a positive relationship
between Institutions and Economic Growth.
Keywords: institutional economic, economic growth, new economy, new institutions,
privatization, transition economics, Bosnia and Herzegovina.

78

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ILGÜN, Erkan</text>
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                <text>The field of Institutional Economics is about the theoretical and empirical findings that have a major role in today’s understanding of institutions. The relationship between the institutions and Economic growth is confirmed by the literature. This paper begins with the principles and explanations of the theoretical aspects of old and new institutional economics, and its role in transition economics like in Bosnia and Herzegovina. Descriptive statistic is analyzed according to the sets of variables. The author expects a positive relationship between Institutions and Economic Growth.    Keywords: institutional economic, economic growth, new economy, new institutions, privatization, transition economics, Bosnia and Herzegovina.</text>
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                    <text>The Characteristics of New Albanian Nationalism and its Impact on
Albania’s Relation with Neighbors
KritonKuci
Mediterranean University of Albania,
Albania
kritonkuci@umsh.edu.al

Abstract: The Balkan region has experienced in the past a lot of tragedies caused by
nationalism. Beginning with the Greek revolution, in the first part of the 19th century and
onward all Balkan countries have experienced the rising of nationalism in the framework of
the nation building process. Albania did too. However in the last decade a new wave of
nationalism is rising in Albania. “New Albanian Nationalism” is different from the
traditional Albanian nationalism (mainly in form not in content). From 2008 until today,
there have been three major developments which have influenced decisively the increasing of
the “New Albanian nationalism”. First was the declaration of independence of Kosovo. The
solution of the Kosovo issue has always been one of the pillars of the traditional Albanian
nationalism. Secondly, signing of an agreement between Greece and Albania on the
delimitation of the continental shelf and the exclusive economic zone. The agreement was
signed in 2009, was challenged by the opposition and public opinion in Albania continues to
have great publicity and be part of the political dialogue and the Greek-Albanian relations.
Thirdly, there was the official count of the population, the CENSUS which took place in 2011.
A process that was strongly contested and was the impetus for establishing the Red and Black
Alliance was known firstly as a social movement (a radical nationalist one) and then as a
political party with extreme nationalist character.
This paper consists of a theoretical overview and critical analysis of the rising of nationalism
in Albania from 2008 till today. The first part of the paper will focus on the comparison
between traditional and new Albanian nationalism, on the content and the basic thesis of the
“NewAlbaniannationalism” (Anti-Hellenism, Anti-Serb, Pan Albanism common positions
on"nationalissues"inAlbania, Kosovo and FYROM), and on the political parties,
organizations supporting Albanian nationalism. The second part will deal with the impact
that the rising of the Albanian nationalism will have on Albania’s relations with its neighbors.
Keywords: New Albanian nationalism, Pan Albanism, Balkans, Red and Black Alliance,
radical movement, extremism.

27

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                <text>The Characteristics of New Albanian Nationalism and its Impact on Albania’s Relation with Neighbors</text>
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                <text>KUCI, Kriton</text>
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                <text>The Balkan region has experienced in the past a lot of tragedies caused by nationalism. Beginning with the Greek revolution, in the first part of the 19th century and onward all Balkan countries have experienced the rising of nationalism in the framework of the nation building process. Albania did too. However in the last decade a new wave of nationalism is rising in Albania. “New Albanian Nationalism” is different from the traditional Albanian nationalism (mainly in form not in content). From 2008 until today, there have been three major developments which have influenced decisively the increasing of the “New Albanian nationalism”. First was the declaration of independence of Kosovo. The solution of the Kosovo issue has always been one of the pillars of the traditional Albanian nationalism. Secondly, signing of an agreement between Greece and Albania on the delimitation of the continental shelf and the exclusive economic zone. The agreement was signed in 2009, was challenged by the opposition and public opinion in Albania continues to have great publicity and be part of the political dialogue and the Greek-Albanian relations.  Thirdly, there was the official count of the population, the CENSUS which took place in 2011. A process that was strongly contested and was the impetus for establishing the Red and Black Alliance was known firstly as a social movement (a radical nationalist one) and then as a political party with extreme nationalist character.    This paper consists of a theoretical overview and critical analysis of the rising of nationalism in Albania from 2008 till today. The first part of the paper will focus on the comparison between traditional and new Albanian nationalism, on the content and the basic thesis of the “NewAlbaniannationalism” (Anti-Hellenism, Anti-Serb, Pan Albanism common positions on"nationalissues"inAlbania, Kosovo and FYROM), and on the political parties, organizations supporting Albanian nationalism. The second part will deal with the impact that the rising of the Albanian nationalism will have on Albania’s relations with its neighbors.   Keywords: New Albanian nationalism, Pan Albanism, Balkans, Red and Black Alliance, radical movement, extremism.</text>
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                <text>International Burch University</text>
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                <text>2014-04-24</text>
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                <text>ISSN 2303-4564     </text>
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                    <text>Restructuring Turkey as a New Semi-periphery in the Age of Globalization
MuhammedKürşadÖzekin
University of Sussex
United Kingdom
kursad_ozekin@hotmail.com
AyçaÖzekin
Balıkesir University
Turkey
aycaaysun@balikesir.edu.tr
Abstract: Associated with a number of structural shifts in global economic system, function
and characteristic of the semi-periphery has considerably changed in the last several
decades. However, having inherently been lodged with the ontological and the
epistemological limitedness of world system theory, the conventional theorization of semiperiphery tends to be dismissive of the notion of globalization, and fails to analyze new
functions and characteristics of semi-peripheral countries under neo-liberal globalization.
Taking globalization seriously, this study aims to bring the term back to IPE literature with
an up-to-date and analytically valid conceptualization of semi-peripheriality under neoliberal globalization. In order to do this, it will first provide a comprehensive critique of the
ontological and the epistemological deficiencies commonly associated with the previous
accounts. Particularly, structuralist, cyclical systemic, state-bounded and holistic bias in
world system theory will be critically explored in order to inform the reader about the
underlying theoretical limitedness in understanding new dynamics of global economy. Mainly
drawing on neo-Gramscian approach and theory of global capitalism, this study wills later
present a neo-Gramscian-inspired articulation of new semi-periphery through giving special
references to transnational’s phenomenon and the role of transnational-oriented economic
and social forces within and above states. In so doing the matter of semi-periphery will be
reconceptualised in the light of a number of changes associated with the rise of neo-liberal
globalization since the beginning of the 1970`s. Building on this perspective, the study will
lastly place the matter into an empirical context by taking Turkey as a case study of exportoriented new semi-periphery. Particularly, the transnationalization of Turkish economy and
state structure will be analyzed as a manifestation of new semi-peripheriality under dynamics
of neo-liberal globalization. In this context, a special emphasis will be placed on the
transformative and agential role of transnational capitalist classes, international financial
institutions and transnational-oriented economic and social forces within and above states.
Keywords: Semi-periphery, globalization, neo-Gramscian theory, transnationalization, global
capitalism, Turkey, social forces.

48

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                <text>Restructuring Turkey as a New Semi-periphery in the Age of Globalization</text>
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                <text>KÜRŞAD ÖZEKIN, Muhammed
ÖZEKIN, Ayça</text>
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          <element elementId="94">
            <name>Abstract</name>
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              <elementText elementTextId="5631">
                <text>Associated with a number of structural shifts in global economic system, function and characteristic of the semi-periphery has considerably changed in the last several decades. However, having inherently been lodged with the ontological and the epistemological limitedness of world system theory, the conventional theorization of semi-periphery tends to be dismissive of the notion of globalization, and fails to analyze new functions and characteristics of semi-peripheral countries under neo-liberal globalization. Taking globalization seriously, this study aims to bring the term back to IPE literature with an up-to-date and analytically valid conceptualization of semi-peripheriality under neo-liberal globalization. In order to do this, it will first provide a comprehensive critique of the ontological and the epistemological deficiencies commonly associated with the previous accounts. Particularly, structuralist, cyclical systemic, state-bounded and holistic bias in world system theory will be critically explored in order to inform the reader about the underlying theoretical limitedness in understanding new dynamics of global economy. Mainly drawing on neo-Gramscian approach and theory of global capitalism, this study wills later present a neo-Gramscian-inspired articulation of new semi-periphery through giving special references to transnational’s phenomenon and the role of transnational-oriented economic and social forces within and above states. In so doing the matter of semi-periphery will be reconceptualised in the light of a number of changes associated with the rise of neo-liberal globalization since the beginning of the 1970`s. Building on this perspective, the study will lastly place the matter into an empirical context by taking Turkey as a case study of export-oriented new semi-periphery. Particularly, the transnationalization of Turkish economy and state structure will be analyzed as a manifestation of new semi-peripheriality under dynamics of neo-liberal globalization. In this context, a special emphasis will be placed on the transformative and agential role of transnational capitalist classes, international financial institutions and transnational-oriented economic and social forces within and above states.  Keywords: Semi-periphery, globalization, neo-Gramscian theory, transnationalization, global capitalism, Turkey, social forces.  </text>
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