Tools of Financial Analysis ................................................................ ............................5 Achim Monica, Babes-Bolyai University, Romania & Achim Sorin, Babes-Bolyai University, Romania & Borlea Sorin, Babes-Bolyai University, Romania How Does FDI and Economic Growth Affect Each Other? The OECD Case........21 Burcu Türkcan, Izmir University of Economics, Turkey & Alper Duman, Izmir University of Economics, Turkey & I. Hakan Yetkiner, Izmir University of Economics, Turkey Regional Development in Şanlıurfa Province, the Center of South Eastern Anatolian Project (GAP): Key Sector Analysis .........................................................41 Meneviş Uzbay Pirili, Ege University, Turkey & R.Funda Barbaros, Ege University, Turkey The Importance of ICT for the Knowledge Economy: A Total Factor Productivity Analysis for Selected OECD Countries ................................................................ ......72 Đsmail SEKĐ, Ege University, Turkey The Comparison of Technical Efficiency and Productivity Growth in Transition Countries and the Soviet Union Countries....................................................... ..........91 Ertuğrul Deliktaş, Ege University, Turkey Capital Flows and the Non-Tradables in the Turkish Economy after Capital Account Liberalization.................................................. .............................................108 F. Kemal Kızılca, Ankara University, Turkey The Analysis of the Romanian Business Environment in the Context of the Adherence to the European Union........................................................... .................119 Pop Fanuta, Babes-Bolyai University, Romania & Achim Monica, Babes-Bolyai University, Romania Inflows and Outflows of Services in the EU and Turkey........................................143 Beyza Sümer, Dokuz Eylül University, Turkey Short Term Overreaction Effect: Evidence on the Turkish Stock Market ..........155 Gülin Vardar, Izmir University of Economics, Turkey & Berna Okan, Izmir University of Economics, Turkey International Conference on Emerging Economic Issues in A Globalizing World, Izmir, 2008 4 Statistic Study of Banking Efficiency Ratios.......................................................... ..166 Ioan Batrancea, Babes-Bolyai University, Romania & Larissa Batrancea, Babes-Bolyai University, Romania & Sorin Borlea, Babes-Bolyai University, Romania & Grigore Bace, Romanian National Bank, Romania The Determinants of Exchange Rate Regimes in Emerging Market Economies .177 Mehmet Güçlü, Ege University, Turkey Relative Price Variability and the Philips Curve: Evidence from Turkey ...........192 A Nazif Çatik, Ege University, Turkey-Brunel University, UK & Christopher Martin, Brunel University, UK & A. Özlem Önder, Ege University, Turkey Competitive Industrial Performance Index and It’s Drivers: Case of Turkey and Selected Countries ................................................................ ......................................208 Neşe Kumral, Ege University, Turkey & Çağaçan Değer, Ege University, Turkey & Burcu Türkcan, Izmir University of Economics Use of e-commerce in Small and Medium Size Enterprises: An Application in Ankara ................................................................ .........................................................230 A. Ramazan Altınok, Prime Ministry, Turkey & Fuat Erdal, Adnan Menderes University, Turkey Similarities and Differences of The 1994 and 2001 Turkish Currency Crises: A Signal Approach ................................................................ .........................................246 Şakir Görmüş, Adnan Menderes University, Turkey & Recep Tekeli, Adnan Menderes University, Turkey & Osman Peker, Adnan Menderes University, Turkey Economic Development and Religiosity: An Investigation of Turkish Cities.......261 Sacit Hadi Akdede, Adnan Menderes University, Turkey & Hakan Hotunluoğlu, Adnan Menderes University, Turkey Multilateralism or Bilateralism: Trade Policy of the EU in the Age of Free Trade Agreements...................................................... ............................................................272 Sevil Acar, Istanbul Technical University, Turkey & Mahmut Tekçe, Marmara University, Turkey The Relationship between FDI and Growth under Economic Integration: Is There One? ................................................................ .............................................................285 Antonio Marasco, Lahore University, Pakistan