The impacts of the global crisis on the Turkish economy, and policy responses

2014-08-22

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The Impacts of the Global Crisis on the Turkish Economy and Policy Responses
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This paper focuses on the impacts of the recent global crisis on the Turkish economy and the policy measures taken in response to the crisis. Turkish economy was adversely affected by the crisis through mainly three channels, namely expectations channel, trade channel and financial channel. The distinctive characteristic of the crisis was a severe export shock which can account for an important part of the decline in production in Turkey. Beside this, a significant sudden stop in financial flows worsened th...
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Citation Formats
H. Cömert, “The impacts of the global crisis on the Turkish economy, and policy responses,” 2014, p. 223, Accessed: 00, 2021. [Online]. Available: https://hdl.handle.net/11511/78958.