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Öğe Changing the global political economy: BRICS countries and alternative relations strategies(IGI Global, 2024) Gedikli, Ayfer; Erdoǧan, Seyfettin; Terzioglu, Hande CaliskanThe evolving political and economic relations among the BRICS countries are reshaping global dynamics and challenging traditional power structures. These new alliances and collaborations have the potential to transform global economic, financial, and political systems, influencing future international relations. Understanding the economic, political, and trade interactions within these groups is essential for defining the future of global cooperation and regional partnerships. The collective impact of the BRICS nations on global governance, including their technological and diplomatic initiatives, plays a crucial role in shifting global power balances. Analyzing these relationships offers valuable insights into the future of international relations and global development. Changing the Global Political Economy: BRICS Countries and Alternative Relations Strategies analyzes the evolving political, economic, and diplomatic relations between the BRICS countries, examining their potential to reshape global governance. It explores the impact of these collaborations on international trade, technological negotiations, and global economic and political balance. Covering topics such as agricultural policies, global governance, and the world economy, this book is an excellent resource for students, academicians, policymakers, entrepreneurs, and more. © 2025 Elsevier B.V., All rights reserved.Öğe The impact of human capital on environmental awareness in developed countries(IGI Global, 2024) Terzioglu, Hande Caliskan; Atalar, AlperEnvironmental sustainability has become important worldwide. To fully realize its importance, the impact of human capital should not be overlooked. This concept encompasses critical indicators such as education, cultural development, competence, skills, and health investments. Therefore, it becomes necessary to investigate the role of human capital in the development of environmental awareness. The sense of responsibility towards future generations underlines the necessity of instilling environmental awareness at an early age. Developed countries provide instructive examples in this regard. The aim of the study is to examine education and environmental awareness in the Nordic and Baltic countries. By comparing environmental policies, public attitudes, and the role of environmental education in these regions, it investigates how human capital promotes sustainability and awareness of environmental protection. © 2024 Elsevier B.V., All rights reserved.Öğe Interconnectedness and systemic risk: Evidence from global stock markets(Elsevier, 2024) Cevik, Emrah Ismail; Terzioglu, Hande Caliskan; Kilic, Yunus; Bugan, Mehmet Fatih; Dibooglu, SelThe study aims to examine systemically important stock markets in the global financial system within the scope of portfolio theory. For this purpose, we use daily stock market indices from 46 countries (23 developed and 23 developing stock markets) in North America, Latin America, the Middle East and Africa, Asia, the Pacific, Eastern Europe, and Europe between 1995 and 2021. Based on the Component Expected Shortfall (CES), we identify systemically important stock markets and use the quantile spillover analysis to examine the financial contagion and directional spillovers emanating from downside risks among stock markets. Overall, we observe stock markets of developed countries figured prominently in terms of systemic risk until the Global Financial Crisis (2007-2009; henceforth GFC), while developing country stock markets particularly those of China and India gained traction after the GFC. Moreover, we observe a shift in terms of systemic risk in recent years from the West to the East geographically. To increase global financial market resilience and improve stability, supervision, and macroprudential policies can be formulated to limit risk spillovers in global stock markets. Additionally, it is critical to diversify investments outside equity markets, such as currency, bond, gold, and oil asset classes. When considering overseas portfolio choices for diversity, investors should keep the financial spillover effects in mind.Öğe Preface(IGI Global, 2024) Gedikli, Ayfer; Erdoǧan, Seyfettin; Terzioglu, Hande Caliskan[No abstract available]Öğe Reshaping global energy policy through brics+ and seeking a new equilibrium in energy markets(IGI Global, 2024) Umutlu, Hasan; Terzioglu, Hande CaliskanBRICS+ countries (Brazil, Russia, India, China, South Africa, and the recently expanded bloc of Ethiopia, Saudi Arabia, UAE, Iran, and Egypt) hold significant potential to reshape global energy policy. This expanding alliance is positioned to become a decisive force in the supply of traditional energy resources such as oil and natural gas, particularly given the inclusion of energy-rich nations. With Russia and Saudi Arabia-two of the world's largest energy producers-as well as major energy consumers like China and India, BRICS+ is poised to drive a new equilibrium in energy markets. Enhanced cooperation and increased trade volumes among the bloc members can foster a more balanced distribution of energy resources both regionally and globally. This study analyzes the role of BRICS+ countries in global energy policy and examines the potential impact of these evolving power dynamics on energy markets. Notably, it highlights BRICS+ leadership in renewable energy investments and the global energy transition. © 2025 Elsevier B.V., All rights reserved.












