Author: Ahmet Durgut
Publisher:
ISBN: 9781423508816
Category :
Languages : en
Pages : 89
Book Description
The Turkish economy remained an inward-oriented closed economy until the government launched an economic reform and stabilization program on January 24, 1980, to liberalize the Turkish economy. The stabilization program has a favorable impact on the Turkish economy, transforming it into an export- oriented, private-sector-driven economy. as the economy flourished, however, increasing political competition forced the government to compromise the stabilization program and pursue fiscally damaging populist economic policies, which resulted in an economic crisis in the beginning of 1994. The government responded to the economic crisis by launching an IMF backed economic stabilization program on April 5, 1994. As the economy recovered and economic stability improved, the government delayed continued implementation of the structural measures of the April 5th stabilization program, which resulted in the further deterioration of the Turkish economy. The worsening fiscal situation eventually culminated in another major economic crisis in 2001. The purpose of this thesis is to examine the causes of the 1994 Turkish economic crisis and the role of the government's economic policies in the emergence of the crisis. In addition, this thesis tries to demonstrate correlation between the economic crises of 1994 and 2001.
The 1994 Economic Crisis in Turkey
Author: Ahmet Durgut
Publisher:
ISBN: 9781423508816
Category :
Languages : en
Pages : 89
Book Description
The Turkish economy remained an inward-oriented closed economy until the government launched an economic reform and stabilization program on January 24, 1980, to liberalize the Turkish economy. The stabilization program has a favorable impact on the Turkish economy, transforming it into an export- oriented, private-sector-driven economy. as the economy flourished, however, increasing political competition forced the government to compromise the stabilization program and pursue fiscally damaging populist economic policies, which resulted in an economic crisis in the beginning of 1994. The government responded to the economic crisis by launching an IMF backed economic stabilization program on April 5, 1994. As the economy recovered and economic stability improved, the government delayed continued implementation of the structural measures of the April 5th stabilization program, which resulted in the further deterioration of the Turkish economy. The worsening fiscal situation eventually culminated in another major economic crisis in 2001. The purpose of this thesis is to examine the causes of the 1994 Turkish economic crisis and the role of the government's economic policies in the emergence of the crisis. In addition, this thesis tries to demonstrate correlation between the economic crises of 1994 and 2001.
Publisher:
ISBN: 9781423508816
Category :
Languages : en
Pages : 89
Book Description
The Turkish economy remained an inward-oriented closed economy until the government launched an economic reform and stabilization program on January 24, 1980, to liberalize the Turkish economy. The stabilization program has a favorable impact on the Turkish economy, transforming it into an export- oriented, private-sector-driven economy. as the economy flourished, however, increasing political competition forced the government to compromise the stabilization program and pursue fiscally damaging populist economic policies, which resulted in an economic crisis in the beginning of 1994. The government responded to the economic crisis by launching an IMF backed economic stabilization program on April 5, 1994. As the economy recovered and economic stability improved, the government delayed continued implementation of the structural measures of the April 5th stabilization program, which resulted in the further deterioration of the Turkish economy. The worsening fiscal situation eventually culminated in another major economic crisis in 2001. The purpose of this thesis is to examine the causes of the 1994 Turkish economic crisis and the role of the government's economic policies in the emergence of the crisis. In addition, this thesis tries to demonstrate correlation between the economic crises of 1994 and 2001.
The 1994 Currency Crisis in Turkey
Author: Oya Celasun
Publisher:
ISBN:
Category : Balanza de pagos - Turquia
Languages : en
Pages : 52
Book Description
Publisher:
ISBN:
Category : Balanza de pagos - Turquia
Languages : en
Pages : 52
Book Description
Political Economy Perspectives on the 1994 Turkish Economic Crisis
Author: Erinc Yeldan
Publisher:
ISBN:
Category : Financial crises
Languages : en
Pages : 66
Book Description
Publisher:
ISBN:
Category : Financial crises
Languages : en
Pages : 66
Book Description
The Turkish Economy in Crisis
Author: Ziya Öniş
Publisher: Psychology Press
ISBN: 9780714683973
Category : Business & Economics
Languages : en
Pages : 220
Book Description
A major objective of the book is to assess the prospects for the future and the authors try to tackle the challenging of whether the twin crises constitute a radical turning point in the Turkish experiment with neo-liberal reforms question from a variety of different perspectives.
Publisher: Psychology Press
ISBN: 9780714683973
Category : Business & Economics
Languages : en
Pages : 220
Book Description
A major objective of the book is to assess the prospects for the future and the authors try to tackle the challenging of whether the twin crises constitute a radical turning point in the Turkish experiment with neo-liberal reforms question from a variety of different perspectives.
Turkey
Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 1451837984
Category : Business & Economics
Languages : en
Pages : 180
Book Description
This paper reviews economic developments in Turkey during 1992–96. The Turkish economy rebounded in 1995, with real gross national product rising by 8.1 percent, reversing the decline of 6.1 percent in 1994. A strong pickup in activity in the second and third quarters of 1995 more than compensated for the continued weakness in the first quarter and a slight decline in the fourth quarter caused by uncertainty in the run-up to the elections. Industry performed strongly, with a growth rate of 12.1 percent, followed by services (6.4 percent) and agriculture (2.6 percent).
Publisher: International Monetary Fund
ISBN: 1451837984
Category : Business & Economics
Languages : en
Pages : 180
Book Description
This paper reviews economic developments in Turkey during 1992–96. The Turkish economy rebounded in 1995, with real gross national product rising by 8.1 percent, reversing the decline of 6.1 percent in 1994. A strong pickup in activity in the second and third quarters of 1995 more than compensated for the continued weakness in the first quarter and a slight decline in the fourth quarter caused by uncertainty in the run-up to the elections. Industry performed strongly, with a growth rate of 12.1 percent, followed by services (6.4 percent) and agriculture (2.6 percent).
The Turkish Economy After the Global Economic Crisis
Author: Seçil Paçacı Elitok
Publisher:
ISBN:
Category :
Languages : en
Pages : 8
Book Description
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.
Publisher:
ISBN:
Category :
Languages : en
Pages : 8
Book Description
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.
The 1994 Currency Crisis in Turkey
Author: Celasun
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
Book Description
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
Book Description
The 1944 Currency Crisis in Turkey
Author:
Publisher: World Bank Publications
ISBN:
Category :
Languages : en
Pages : 49
Book Description
Publisher: World Bank Publications
ISBN:
Category :
Languages : en
Pages : 49
Book Description
The Political Economy of Financial Transformation in Turkey
Author: Galip L. Yalman
Publisher: Routledge
ISBN: 9780367584962
Category :
Languages : en
Pages : 0
Book Description
This volume provides a comprehensive study of Turkey's financial transformation into one of the most dynamic, if not trouble-free, emerging capitalist societies. While this financial evolution has underwritten Turkey's dramatic economic growth, it has done so without ameliorating the often persistently exploitative and unequal social structures that characterize neoliberalism today. Eschewing the interpretations of mainstream economics, The Political Economy of Financial Transformation in Turkey underscores both the quantitative significance of exponential growth in financial flows and investments, and the qualitative importance of the state's institutional restructuring around financial imperatives. This book presents today's reality as historically rooted; it is written by an interdisciplinary range of political economists, and critically examines Turkey's financial transformation, contributing to debates on the nature of peripheral financialization. Book jacket.
Publisher: Routledge
ISBN: 9780367584962
Category :
Languages : en
Pages : 0
Book Description
This volume provides a comprehensive study of Turkey's financial transformation into one of the most dynamic, if not trouble-free, emerging capitalist societies. While this financial evolution has underwritten Turkey's dramatic economic growth, it has done so without ameliorating the often persistently exploitative and unequal social structures that characterize neoliberalism today. Eschewing the interpretations of mainstream economics, The Political Economy of Financial Transformation in Turkey underscores both the quantitative significance of exponential growth in financial flows and investments, and the qualitative importance of the state's institutional restructuring around financial imperatives. This book presents today's reality as historically rooted; it is written by an interdisciplinary range of political economists, and critically examines Turkey's financial transformation, contributing to debates on the nature of peripheral financialization. Book jacket.
The 1994 currency crisis in Turkey
Author: Fatih Özatay
Publisher:
ISBN:
Category : Capital market
Languages : tr
Pages : 66
Book Description
Publisher:
ISBN:
Category : Capital market
Languages : tr
Pages : 66
Book Description