publication . Article . 2012

GLOBAL ECONOMIC CRISIS: EXPERIENCE OF TURKEY AS THE MODEL OF RECOVERY

NEVZAT TETIK;
Open Access
  • Published: 01 Jan 2012 Journal: Journal of Academic Research in Economics, volume 4, issue 1 (March), pages 36-50
Abstract
Between the years 1820-2008, there have been many economic crises in the World. Each of the crises had different intensity, scope and dimension. 2008 global crisis also had distinctive features. Starting with U.S. financial crisis, with a domino effect of financial instruments, the crisis deepened and shifted to global dimension without any discontinuity. Effects of the 2008 global crisis, as countries could not reach financial balance and could not implement policies that would restart economic growth, has continued untill today. Turkey, especially after 2000, by establishing a firm banking sector, strong financial discipline, and by making reforms, built up a ...
Subjects
free text keywords: Global financial crisis, economic crisis, measures and applications., jel:E44, jel:D29
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