The Turkish Economy After The Global Economic Crisis
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Author | : Seçil Paçacı Elitok |
Publisher | : |
Total Pages | : 8 |
Release | : 2010 |
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The Turkish economy has gone through a fast and strong change in recent years. Three dimensions are of special significance: 1. Firstly, the Turkish economy has grown very quickly, with three severe recessions in 1994, 2000/1 and 2009. 2. Secondly, it has opened up rapidly but is still not that open as other economies with a similar level of development. 3. Thirdly, private business has increased but state enterprises or publicly owned and run firms are still important.
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Total Pages | : 0 |
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Author | : Ziya Onis |
Publisher | : Routledge |
Total Pages | : 503 |
Release | : 2009-10-01 |
Genre | : Business & Economics |
ISBN | : 1135268045 |
Since the financial crisis of 2000 and 2001 the Turkish economy has undergone considerable change and some improvement. This book gives a detailed examination of the neo-liberal restructuring that has taken place and the challenges the economy still faces, providing a comparative perspective on recent reforms and the position of Turkey in the global economy. This book examines all major aspects of the post-crisis economic performance of the Turkish economy. Major sectors of the economy such as agriculture and manufacturing along with key issues such as privatization, export growth, developments in the labour market, poverty and social exclusion are analysed in detail. The authors consider Turkish performance from a comparative perspective, drawing attention to its similarities with the experience of other emerging markets. Providing an insight into the major difficulties of post-crisis adjustment, sustainability of the gains achieved so far and the challenges that lie ahead, this book will be of interest to academics and scholars in the fields of International Political Economy and Globalization Studies, Middle East Studies and Development Studies, as well as having significance for practitioners in emerging markets.
Author | : İsmail Ercan Börü |
Publisher | : Livre de Lyon |
Total Pages | : 84 |
Release | : 2021-12-15 |
Genre | : Business & Economics |
ISBN | : 2382362243 |
The Effect of the Gobal Crisis on Turkish Economy
Author | : Ziya Onis |
Publisher | : Routledge |
Total Pages | : 210 |
Release | : 2004-08-02 |
Genre | : Political Science |
ISBN | : 1135758689 |
This book provides a set of critical perspectives on the economic crises of 2000 and 2001 focusing on both the origins and consequences of the crises. Attention is drawn to the role of domestic actors as well as key external actors such as the International Monetary Fund in precipitating the twin crises.
Author | : Mr.Harun Alp |
Publisher | : International Monetary Fund |
Total Pages | : 75 |
Release | : 2011-06-01 |
Genre | : Business & Economics |
ISBN | : 1455270482 |
Turkey is an interesting case study because it was one of the hardest hit emerging economies by the global financial crisis, with a year-over-year contraction of 15 percent during the first quarter of 2009. At the same time, anticipating the fallout from the crisis, the Central Bank of the Republic of Turkey (CBRT) decreased policy rates by an astounding 1025 basis points over the November 2008 to November 2009 period. In this context, this paper addresses the following broad question: If an inflation targeting framework underpinned by a flexible exchange rate regime was not adopted, how much deeper would the recent recession have been? Counterfactual experiments based on an estimated structural model provide quantitative evidence which suggests that the recession would have been substantially more severe. In other words, the interest rate cuts implemented by the CBRT and exchange rate flexibility both helped substantially soften the impact of the global financial crisis.
Author | : Sumru G. Altug |
Publisher | : Routledge |
Total Pages | : 340 |
Release | : 2006-04-18 |
Genre | : Political Science |
ISBN | : 1134213603 |
Including contributions from noted international scholars, this collection of papers provides a strong theoretical and empirical underpinning for the discussion of major public policy issues facing Turkey today. Matters addressed include: determinants of growth and productivity education and human capital accumulation income inequality corporate control and government performance of the government sector impact of major public policy issues on the future growth prospects of the Turkish economy. This volume relates the impact of major public policy issues on the future growth prospects of the Turkish economy. At a time when Turkey is currently attempting to gain membership to the European Union, this pertinent reference questions whether the country's economy is in fact ready for EU accession and membership.
Author | : Stavros Mavroudeas |
Publisher | : IJOPEC PUBLICATION |
Total Pages | : 150 |
Release | : |
Genre | : Business & Economics |
ISBN | : 1912503611 |
This book is one of the products of the Ninth International Conference on Political Economy (ICOPEC) held in September 2018 at Panteion Univer- sity with the main theme “10 years after the Great Recession: Orthodox versus Heterodox Economics”. The conference was coorganised by the Greek Association for Political Economy (GAPE), the Department of Social Policy of Panteion University, and the Faculty of Economics of Marma- ra University. This volume contains eight selected papers that benefited from comments and discussion during the conference and subsequently improved significantly. They focus on economic crises and their impact on the global economy and on particular economic sectors and countries.
Author | : Asaf Savas Akat |
Publisher | : World Scientific |
Total Pages | : 370 |
Release | : 2020-10-05 |
Genre | : Business & Economics |
ISBN | : 9811214905 |
Turkish Economy at the Crossroads: Facing the Challenges Ahead is an exciting new volume of articles from prominent experts, edited by two distinguished economists. Despite its international stature and its diversified open-market economy, the global literature on Turkey is dispersed and sparse. The book aims to remedy this shortcoming by providing readers interested in Turkey with a balanced and up-to-date overview of the economy.Topics discussed include trends in long-term political economy, post-2001 macroeconomic policies, tradable and non-tradable sectors and their impact on income distribution, capital flows and financial imbalances, success and problems of structural transformation at the micro level, characteristics of the labor markets with special emphasis on female employment, Turkey's long lasting but difficult relations with the European Union and possible scenarios for the near future. This unified approach permits to highlight and tackle effectively the challenges and risks Turkey faces in the final and critical stage of transition to a modern developed society.
Author | : Bülent Gökay |
Publisher | : McGill-Queen's Press - MQUP |
Total Pages | : 197 |
Release | : 2021-02-04 |
Genre | : Political Science |
ISBN | : 0228004586 |
Since the late 1990s Turkey has emerged as a significant economic power. Never colonized and straddling the continents of Europe and Asia, it plays a strategically important role in an increasingly unstable region. Bülent Gökay examines Turkey's remarkable political and economic transformation within the context of broader regional and global changes. By situating the story of Turkey's economic growth within an analysis of the structural changes and shifts in the world economy since the end of the Cold War, the book provides new insights into the functioning of Turkey's political economy and the successes and failures of its ruling party's economic management.