Özet:

In the last 15-20 years, important developments have emerged (September 11 Attack, 2008 Global Financial Crisis, Arab Spring, Brexit vote, Russia's annexation of Crimea, refugee crisis, Russia-Ukraine War, etc.) that cause global political and economic uncertainty over the world. While the world is changing rapidly, such developments create political and economic instability, leading to an increase in national and global economic policy uncertainty. This increase in economic policy uncertainty can have a direct or indirect effect on the basic variables of the economy such as capital movements, stock market, investment and employment, especially the economic growth of nations. In this study, it is empirically examined whether economic policy uncertainty has an effect on economic growth. The sample of the study consists of the 1997-2020 period data of 14 high-income economies for which a regular data set is reached. In the study, in which panel data analysis methods were used, the findings show that economic policy uncertainty negatively affects growth.

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