Özet:

In the 21st century, when globalization grew faster thanks to rapid technological developments, the country-based goal is to increase the level of social well-being. Although the focus is on economic growth in developing economies to increase the level of social welfare, factors such as income inequality, poverty, unemployment, cultural change, health, education, environment and climate change are among the other factors necessary to a high level of welfare. Economic development, which is not only an economic aspect, but a multilateral process, includes various factors such as financial development, population growth, technological progress, agriculture and human capital. Therefore, in this study, the existence of the relationship between globalization and economic development, using the annual data of the 1990-2017 period of the Turkish economy, is tested by the current time series techniques. The economic findings show that the relationship between the globalization indicators of the Turkish economy and the development criteria is empirically demonstrated.

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