Browsing by Author "Erdogdu, M.M."

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Green Investments and the Quest for Blue Tourism: Empirical Insights at Global Level
(Springer Science and Business Media Deutschland GmbH, 2026) Bǎtrâncea, L.M.; Idziak, E.; Nichita, A.; Dragolea, L.; Bello Gómez, F.D.J.; Erdogdu, M.M.; Şahin, Ö.U.
Tourism is among the fastest-growing global sectors, contributing significantly to the gross domestic product (GDP) and employment. However, current rising demand, especially among coastal and marine destinations, has intensified pressure on ecosystems and natural resources. This chapter explores blue tourism and evaluates how green investment mechanisms can support the transition toward more sustainable tourism practices. Emphasis is placed on financial instruments, international policy frameworks, and certification mechanisms, such as the Blue Flag, which aim to balance environmental protection with economic opportunity. This chapter reviews global initiatives led by governments, international bodies, and private actors that seek to reduce pollution, manage overconsumption, and promote ecosystem resilience. Through in-depth case analyses and comparative policy insights, this chapter highlights the role of multilevel governance in enabling a more sustainable tourism model. Ultimately, this chapter provides a roadmap for integrating ecological responsibility into tourism planning, offering practical strategies for enhancing both the resilience and inclusivity of blue economy development. © The Author(s), under exclusive license to Springer Nature Switzerland AG 2026.
Impact of Industrialisation on Economic Development in Selected African and Asian Economies: The Role of Institutional Quality and Investment Climate
(Springer Nature, 2023) Siyakiya, P.; Erdogdu, M.M.; Akay, E.Ç.
This paper uses system generalised method of moments (GMM) to examine the moderating role of institutional quality and investment climate on the impact of industrialisation on economic development among selected African and Asian economies from 1995 to 2018. Results confirm a positive and statistically significant moderating role of institutional quality and investment climate on the impact of industrialisation on economic development between the two continents. Nevertheless, the moderating role is more pronounced in Asian economies than in African economies. We, therefore, propose that policymakers and development practitioners consider policies that promote institutional development and conducive investment climate to enhance industrial development in these countries, which ultimately leads to economic development. In that regard, African economies should first build merit-based public sector employment, which can then allow for the building of strong institutions and improvement of the investment climate. Furthermore, African countries should address deficiencies in fundamentals like infrastructure, ensure coordination of activities between private and public sector and prioritise designing and implementing soft industrial policies or policies that promote industrialisation. These could enhance the impact of institutions and investment climate on the effect of industrialisation on economic development in Africa. © The Author(s), under exclusive licence to Springer Nature Switzerland AG 2023.
Lights-Out Manufacturing and Foreign Direct Investment Decline: Human Resource-Based Avenues for Technological Diffusion in Developing Countries
(Palgrave Macmillan, 2023) Erdogdu, M.M.
Abundant literature has developed on how foreign direct investment (FDI) affects host countries. The answer largely depends on whether FDI generates positive externalities (“spillovers”) for the host economy and extends backward links with the local economy. However, with the rise of lights-out manufacturing, cheap labour may become a less important factor for transnational corporations (TNCs) in their FDI decisions. As a result, FDI and its development impact (if there is any) are bound to diminish. Hence this chapter looks for human resource-based avenues for positive externality creation and technology diffusion in developing countries. © 2023, The Author(s), under exclusive license to Springer Nature Switzerland AG.