We investigate the strength and direction of information flow between exchange rates and stock prices in several emerging countries by the novel concept of effective transfer entropy (an alternative non-linear causality measure) with symbolic encoding methodology. Analysis shows that before the 2008 crisis, only low level interaction exists between these two variables and exchange rates dominate stock prices in general. During crisis, strong bidirectional interaction arises. In the post-crisis period, the strong interaction continues to exist and in general stock prices dominate exchange rates. © 2014 Elsevier Ltd. All rights reserved
The Covid-19 pandemic has led unique negative consequences in education. Due to the closure of schools, educational services have been carried out through distance education in many countries. Physical restrictions and staying away from the schools have negative consequences both on the physiological and psychological attributes of the students. Therefore, international institutions such as United Nations Educational, Scientific and Cultural Organization (UNESCO) and Organisation for Economic Co-operation and Development (OECD) advise countries to reopen schools as soon as possible and implement remedial programs. Due to the school closures, all educational services have been provided by distance education for nearly a year in Turkey. After the reopening of schools as of March 2021, Ministry of National Education (MoNE) has initiated Turkish National Remedial Program (TNRP) to support the students' academic skills as a two-stage program. The first phase of the project is designed as an emergency action plan, and the students in regions with the lowest participation in distance education were prioritized. The second phase of the project is designed as a large-scale support program that will cover all students and will be implemented during the summer months. The purpose of this study is to evaluate the second stage of TNRP by taking into consideration the international criteria for remedial programs and best practices around the world. The document analysis method is used to evaluate the second stage of TNRP. It is concluded that the second phase of TNRP is in coherence with international standards in terms of targeting all students from primary school to the end of secondary education, providing academic support with compressed content with critical outcomes, assessing the level of student achievement, prioritizing students who need special education, and making flexible programming to maximize participation.
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