THE 2000-2001 FINANCIAL CRISIS IN TURKEY AND THE GLOBAL ECONOMIC CRISIS OF 2008-2009: REASONS AND COMPARISONS

Dilek Temiz; Aytaç Gokmen

Makale detayları

THE 2000-2001 FINANCIAL CRISIS IN TURKEY AND THE GLOBAL ECONOMIC CRISIS OF 2008-2009: REASONS AND COMPARISONS

Yazarlar:

Dilek Temiz | Aytaç Gokmen

Yayıncı:

Sosyal Bilimler Araştırmaları Derneği

Dergi:

International Journal of Social Sciences and Humanity Studies 2009 Vol.1 Issue 1, pp.1-16

Belge Tipi:

Makale

Yayın Tarihi:

5/2009

Belge Dili:

Türkçe

Document ID (Org No.):

2000820767

Sıklık:

İki Yıllık

eISSN:

1309-8063

Özet:

 

The economic crisis of 2000-2001 was proved to be demolishing for Turkey after the abundance of  currency peg in the same year. The crisis in question stemmed from insufficient implementation of  regulations, inadequate depth of the capital markets, lack of assessment of risk, excessive lending  to incorporated institutions by national banks, restricted interest rates, monitored foreign exchange  operations, limited foreign asset holding, lack of competition, barriers to foreign entry & high  liquidity, chronic inflation and a deficit in balance of payments. However, the crisis that Turkey  was subject to in 2008-2009 was quite different than the previous ones as to be a result of world  matters. The sparking effect begun in the USA at the mortgage market, the fail of the mortgage  market negatively influenced the capital, stock and derivative markets and spread the world. Thus,  this study aims to analyze and reveal the reflections of the 2000-2001 and 2008-2009 crises and  their comparison with regards to Turkey on theoretical basis resting on numerous comprehensive  and credible national and international publications.

Makale detayları

THE 2000-2001 FINANCIAL CRISIS IN TURKEY AND THE GLOBAL ECONOMIC CRISIS OF 2008-2009: REASONS AND COMPARISONS

Yazarlar: Dilek Temiz | Aytaç Gokmen

Yayıncı: Sosyal Bilimler Araştırmaları Derneği

Dergi: International Journal of Social Sciences and Humanity Studies 2009 Vol.1 Issue 1, pp.1-16

Belge Tipi: Makale

Yayın Tarihi: 5/2009

Belge Dili: Türkçe

Document ID (Org No.): 2000820767

Sıklık: İki Yıllık

eISSN: 1309-8063

Sayı

Yazarlar:

Dilek Temiz | Aytaç Gokmen

Yayıncı:

Sosyal Bilimler Araştırmaları Derneği

Dergi:

International Journal of Social Sciences and Humanity Studies 2009 Vol.1 Issue 1, pp.1-16

Belge Tipi:

Makale

Yayın Tarihi:

5/2009

Belge Dili:

Türkçe

Document ID (Org No.):

2000820767

Sıklık:

İki Yıllık

eISSN:

1309-8063