RETHINKING FINANCIAL NARRATIVES: WALTERS' RISK EXPECTATION THEORY AND THE MISSING REAL ESTATE BUBBLE

Published by: Eddison Theodore Walters , Lauren Michelle Keiser

Pages: 1-14 |

The aftermath of the Global Financial Crisis of 2007 and 2008 spurred a wave of research questioning the widely accepted theory attributing the crisis to a financial and real estate bubble. This study critically examines the evidence surrounding this theory, shedding light on an alternative perspective presented by Eddison Walters in his Risk Expectation Theory. Walters challenges the
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DECODING REAL CURRENCY EXCHANGE RATE: DEFINITIONS, CHALLENGES, AND IMPLICATIONS

Published by: Jonathan A. Thompson, Li Wei Chen

Pages: 15-22 |

The nominal exchange rate, a fundamental concept in international economics, signifies the price of one currency in relation to another. Despite its centrality, the real currency exchange rate, often described as the price of currency in real terms, faces conceptual challenges in existing literature and textbooks. Traditionally, it has been defined as the relative price levels between two
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GATEWAY TO GROWTH: UNRAVELING THE ROLE AND SIGNIFICANCE OF AFRICAN COUNTRIES IN TURKEY'S MARKET EXPANSION

Published by: Ayşe Nur Yılmaz

Pages: 23-45 |

Over the years, the African continent, endowed with strategic geographical significance and abundant underground and aboveground resources, endured a historical period dominated by colonial rule. Traditionally associated with terms such as poverty, famine, and conflict, the African continent has, until recently, grappled with challenges, hosting 33 of the 48 least developed countries globally.
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