The 1994 Economic Crisis In Turkey

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The 1994 Economic Crisis in Turkey

Author : Ahmet Durgut
Publisher :
ISBN 13 : 9781423508816
Total Pages : 89 pages
Book Rating : 4.5/5 (88 download)

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Book Synopsis The 1994 Economic Crisis in Turkey by : Ahmet Durgut

Download or read book The 1994 Economic Crisis in Turkey written by Ahmet Durgut and published by . This book was released on 2002-06-01 with total page 89 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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 13 :
Total Pages : 52 pages
Book Rating : 4.:/5 (318 download)

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Book Synopsis The 1994 Currency Crisis in Turkey by : Oya Celasun

Download or read book The 1994 Currency Crisis in Turkey written by Oya Celasun and published by . This book was released on 1998 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Political Economy Perspectives on the 1994 Turkish Economic Crisis

Author : Erinc Yeldan
Publisher :
ISBN 13 :
Total Pages : 66 pages
Book Rating : 4.:/5 (319 download)

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Book Synopsis Political Economy Perspectives on the 1994 Turkish Economic Crisis by : Erinc Yeldan

Download or read book Political Economy Perspectives on the 1994 Turkish Economic Crisis written by Erinc Yeldan and published by . This book was released on 1995 with total page 66 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Turkish Economy in Crisis

Author : Ziya Öniş
Publisher : Psychology Press
ISBN 13 : 9780714683973
Total Pages : 220 pages
Book Rating : 4.6/5 (839 download)

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Book Synopsis The Turkish Economy in Crisis by : Ziya Öniş

Download or read book The Turkish Economy in Crisis written by Ziya Öniş and published by Psychology Press. This book was released on 2003 with total page 220 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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 13 : 1451837984
Total Pages : 180 pages
Book Rating : 4.4/5 (518 download)

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Book Synopsis Turkey by : International Monetary Fund

Download or read book Turkey written by International Monetary Fund and published by International Monetary Fund. This book was released on 1996-12-03 with total page 180 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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 13 :
Total Pages : 8 pages
Book Rating : 4.:/5 (837 download)

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Book Synopsis The Turkish Economy After the Global Economic Crisis by : Seçil Paçacı Elitok

Download or read book The Turkish Economy After the Global Economic Crisis written by Seçil Paçacı Elitok and published by . This book was released on 2010 with total page 8 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (14 download)

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Book Synopsis The 1994 Currency Crisis in Turkey by : Celasun

Download or read book The 1994 Currency Crisis in Turkey written by Celasun and published by . This book was released on 2013 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Political Economy of Financial Transformation in Turkey

Author : Galip L. Yalman
Publisher : Routledge
ISBN 13 : 9780367584962
Total Pages : 0 pages
Book Rating : 4.5/5 (849 download)

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Book Synopsis The Political Economy of Financial Transformation in Turkey by : Galip L. Yalman

Download or read book The Political Economy of Financial Transformation in Turkey written by Galip L. Yalman and published by Routledge. This book was released on 2020-06-30 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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 13 :
Total Pages : 66 pages
Book Rating : 4.:/5 (13 download)

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Book Synopsis The 1994 currency crisis in Turkey by : Fatih Özatay

Download or read book The 1994 currency crisis in Turkey written by Fatih Özatay and published by . This book was released on 1999 with total page 66 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Inflation and Disinflation in Turkey

Author : Faruk Selcuk
Publisher : Routledge
ISBN 13 : 1351739271
Total Pages : 242 pages
Book Rating : 4.3/5 (517 download)

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Book Synopsis Inflation and Disinflation in Turkey by : Faruk Selcuk

Download or read book Inflation and Disinflation in Turkey written by Faruk Selcuk and published by Routledge. This book was released on 2018-04-27 with total page 242 pages. Available in PDF, EPUB and Kindle. Book excerpt: This title was first published in 2002. Since the 1990s Turkey has experienced a number of disasters, both physical and economic. The result has been a decrease in economic performance compared to other European states. This study addresses the country's ongoing economic struggles.

Black Swan: Economic Crises, Volume II

Author : Bernur Açıkgöz
Publisher : Springer Nature
ISBN 13 : 9819923182
Total Pages : 168 pages
Book Rating : 4.8/5 (199 download)

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Book Synopsis Black Swan: Economic Crises, Volume II by : Bernur Açıkgöz

Download or read book Black Swan: Economic Crises, Volume II written by Bernur Açıkgöz and published by Springer Nature. This book was released on 2023-06-23 with total page 168 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book continues the discussion from Volume I on economic, fiscal, and financial crises in world history that have had a great impact on the entire world and the fiscal measures taken by governments to combat each crisis. Such events are often described as black swans, a concept introduced by Economist and Risk Analyst Nassim Nicholas Taleb in the book Fooled By Randomness in 2001, in reference to events that were thought to be impossible but had a huge impact when they did happen. The beginning of this book notes that crises are catastrophic periods when the consequences of economic mistakes made by governments are reflected to the public. Although economic crises are seen as opportunities in some cases, they have created a burden for the people. Some economic crises even triggered the world war. A recent example, Adolf Hitler, was seen as a hope of salvation in Germany due to the Great Depression and was brought to power. The twentieth century, when two great world wars took place on the stage of history, is the witness of major economic crises as well as wars. These crises have caused social and economic paradigm shifts to be experienced much faster and more effectively than the previous centuries. The transformation of the demand-oriented economic understanding created by the Great Depression in 1929 into an interventionist social state understanding, especially after the World War Two, increased the intervention of states in the socioeconomic field. In this period, the reconstruction of the countries, the development of social welfare services, the assurance of human rights, the acceleration of industrialization and development, and the economic growth and income growth of the countries resulted in the golden age enjoyed by the societies of the period. The interventionist social state, seen as a prescription and opportunity in the past crisis, was one of the cornerstones of the crisis in the last quarter of the century in the 1970s. Against interventionism, with the rise of neo-liberalism, financial liberalization, information society, and technological discoveries, globalization has become the new phenomenon of the age. This book examines in detail the causes, occurrences, and results of the twentieth-century crises.

The Oxford Handbook of Turkish Politics

Author : Günes Murat Tezcür
Publisher : Oxford University Press
ISBN 13 : 0190064897
Total Pages : 865 pages
Book Rating : 4.1/5 (9 download)

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Book Synopsis The Oxford Handbook of Turkish Politics by : Günes Murat Tezcür

Download or read book The Oxford Handbook of Turkish Politics written by Günes Murat Tezcür and published by Oxford University Press. This book was released on 2022 with total page 865 pages. Available in PDF, EPUB and Kindle. Book excerpt: The study of politics in Turkey : new horizons and perennial pitfalls / Güneş Murat Tezcür -- Democratization theories and Turkey / Ekrem Karakoç -- Ruling ideologies in modern Turkey / Kerem Öktem -- Constitutionalism in Turkey / Aslı Ü. Bâli -- Civil-military relations and the demise of Turkish democracy / Nil S. Satana and Burak Bilgehan Özpek -- Capturing secularism in Turkey : the ease of comparison / Murat Akan -- The political economy of Turkey since the end of World War II / Şevket Pamuk -- Neoliberal politics in Turkey / Sinan Erensü and Yahya M. Madra -- The politics of welfare in Turkey / Erdem Yörük -- The political economy of environmental policymaking in Turkey : a vicious cycle / Fikret Adaman, Bengi Akbulut, and Murat Arsel -- The politics of energy in Turkey : running engines on geopolitical, discursive, and coercive power / Begüm Özkaynak, Ethemcan Turhan, and Cem İskender Aydın -- The contemporary politics of health in Turkey : diverse actors, competing frames, and uneven policies / Volkan Yılmaz -- Populism in Turkey : historical and contemporary patterns / Yüksel Taşkın -- Old and new polarizations and failed democratizations in Turkey / Murat Somer -- Economic voting during the AKP era in Turkey / S. Erdem Aytaç -- Party organizations in Turkey and their consequences for democracy / Melis G. Laebens -- The evolution of conventional political participation in Turkey / Ersin Kalaycıoğlu -- Symbolic politics and contention in the Turkish Republic / Senem Aslan -- Islamist activism in Turkey / Menderes Çınar -- The Kurdish movement in Turkey : understanding everyday perceptions and experiences / Dilan Okcuoglu -- The Transnational Mobilization of the Alevis of Turkey : from invisibility to the struggle for equality / Ceren Lord -- Politics of asylum seekers and refugees in Turkey : limits and prospects of populism / Fatih Resul Kılınç and Şule Toktaş -- A theoretical account of Turkish foreign policy under the AKP / Tarık Oğuzlu -- US-Turkey relations since WWII : from alliance to transactionalism / Serhat Güvenç and Soli Özel -- Turkey and Europe : historical asynchronicities and perceptual asymmetries / Hakan Yılmaz -- Turkey's foreign policy in the Middle East : an identity perspective / Lisel Hintz -- Turkey and Russia : historical patterns and contemporary trends in bilateral relations / Evren Balta and Mitat Çelikpala -- Citizenship and protest behavior in Turkey / Ayhan Kaya -- Gender politics and the struggle for equality in Turkey / Zehra F. Kabasakal Arat -- Human rights organizations in Turkey / Başak Çalı -- Truth, justice, and commemoration initiatives in Turkey / Onur Bakiner -- The politics of media in Turkey : chronicle of a stillborn media system / Sarphan Uzunoğlu -- The AKP's rhetoric of rule in Turkey : political melodramas of conspiracy from "ergenekon" to "mastermind" / Erdağ Göknar -- The transformation of political cinema in Turkey since the 1960s : a change of discourse / Zeynep Çetin-Erus and M. Elif Demoğlu -- Political music in Turkey : the birth and diversification of dissident and conformist music (1920-2000) / Mustafa Avcı.

Inflation Stabilization

Author : World Institute for Development Economics Research
Publisher : MIT Press
ISBN 13 : 9780262022798
Total Pages : 452 pages
Book Rating : 4.0/5 (227 download)

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Book Synopsis Inflation Stabilization by : World Institute for Development Economics Research

Download or read book Inflation Stabilization written by World Institute for Development Economics Research and published by MIT Press. This book was released on 1988 with total page 452 pages. Available in PDF, EPUB and Kindle. Book excerpt: Rampant inflation is a major economic problem in many of the less developed countries; two out of three attempts to stabilize these economies fail. Inflation Stabilization provides a valuable description and a critical analysis of the disinflation programs introduced in Argentina, Bolivia, Brazil, and Israel in 1985-86, and discusses the possibility of such a program in Mexico. It documents the initial steps in stabilization as well as the reasons for failure.As architects of the programs, several of the authors are in key positions to assess which aspects were critical in getting the programs accepted and where to look for difficulties and failures. In Israel, inflation was halted without recession. The challenge to policy makers today is in shifting from stabilization to the revival of sustained growth. This experience is described fully by Michael Bruno and Sylvia Piterman, who examine the critical issue of exchange rates, and by Alex Cukierman, who uses modeling to analyze the interaction of money, wages, prices, and activity under rational expectations that take the government's policy objectives into account.Endemic inflation and a sudden increase in external debt burden Argentina's economy, raising the wider issues of high inflation economies and stabilization that are discussed in the chapter by José Luis Machinea and that by Guido Di Tella and Alfredo Canavese.Eduardo Modiano and Mario Simonsen take up issues of wages in Brazil, particularly the problem of finding an equitable way to deal with a wage freeze; Simonsen develops an ambitious game theoretic rationalization of incomes policy as a coordinating device for imperfectly competitive economies. Bolivia did reach hyperinflation (price increases of more than 50 percent each month) before stabilizing. Juan Antonio Morales shows how stabilizing the exchange rate, in an economy where all pricing was already geared to the dollar, achieved stabilization without a wage or price freeze. And Francisco Gil Diaz asks whether an incomes-policy based program could work to control ever increasing inflation in Mexico.

Unexpected Outcomes

Author : Carol Wise
Publisher : Brookings Institution Press
ISBN 13 : 0815724772
Total Pages : 258 pages
Book Rating : 4.8/5 (157 download)

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Book Synopsis Unexpected Outcomes by : Carol Wise

Download or read book Unexpected Outcomes written by Carol Wise and published by Brookings Institution Press. This book was released on 2015-03-10 with total page 258 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume documents and explains the remarkable resilience of emerging market nations in East Asia and Latin America when faced with the global financial crisis in 2008-2009. Their quick bounceback from the crisis marked a radical departure from the past, such as when the 1982 debt shocks produced a decade-long recession in Latin America or when the Asian financial crisis dramatically slowed those economies in the late 1990s. Why? This volume suggests that these countries' resistance to the initial financial contagion is a tribute to financial-sector reforms undertaken over the past two decades. The rebound itself was a trade-led phenomenon, favoring the countries that had gone the farthest with macroeconomic restructuring and trade reform. Old labels used to describe "neoliberal versus developmentalist" strategies do not accurately capture the foundations of this recovery. These authors argue that policy learning and institutional reforms adopted in response to previous crises prompted policymakers to combine state and market approaches in effectively coping with the global financial crisis. The nations studied include Korea, China, India, Mexico, Argentina, and Brazil, accompanied by Latin American and Asian regional analyses that bring other emerging markets such as Chile and Peru into the picture. The substantial differences among the nations make their shared success even more remarkable and worthy of investigation. And although 2012 saw slowed growth in some emerging market nations, the authors argue this selective slowing suggests the need for deeper structural reforms in some countries, China and India in particular.

Global Waves of Debt

Author : M. Ayhan Kose
Publisher : World Bank Publications
ISBN 13 : 1464815453
Total Pages : 403 pages
Book Rating : 4.4/5 (648 download)

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Book Synopsis Global Waves of Debt by : M. Ayhan Kose

Download or read book Global Waves of Debt written by M. Ayhan Kose and published by World Bank Publications. This book was released on 2021-03-03 with total page 403 pages. Available in PDF, EPUB and Kindle. Book excerpt: The global economy has experienced four waves of rapid debt accumulation over the past 50 years. The first three debt waves ended with financial crises in many emerging market and developing economies. During the current wave, which started in 2010, the increase in debt in these economies has already been larger, faster, and broader-based than in the previous three waves. Current low interest rates mitigate some of the risks associated with high debt. However, emerging market and developing economies are also confronted by weak growth prospects, mounting vulnerabilities, and elevated global risks. A menu of policy options is available to reduce the likelihood that the current debt wave will end in crisis and, if crises do take place, will alleviate their impact.

The Turkish Economy in Crisis

Author : Ziya Onis
Publisher : Routledge
ISBN 13 : 1135758689
Total Pages : 210 pages
Book Rating : 4.1/5 (357 download)

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Book Synopsis The Turkish Economy in Crisis by : Ziya Onis

Download or read book The Turkish Economy in Crisis written by Ziya Onis and published by Routledge. This book was released on 2004-08-02 with total page 210 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Russia After the Global Economic Crisis

Author : Anders Åslund
Publisher : Columbia University Press
ISBN 13 : 0881325147
Total Pages : 319 pages
Book Rating : 4.8/5 (813 download)

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Book Synopsis Russia After the Global Economic Crisis by : Anders Åslund

Download or read book Russia After the Global Economic Crisis written by Anders Åslund and published by Columbia University Press. This book was released on 2010-06-15 with total page 319 pages. Available in PDF, EPUB and Kindle. Book excerpt: Russia After the Global Economic Crisis examines this important country after the financial crisis of 2007–09. The second book from The Russia Balance Sheet Project, a collaboration of two of the world's preeminent research institutions, the Peterson Institute for International Economics and the Center for Strategic and International Studies (CSIS), not only assesses Russia's international and domestic policy challenges but also provides an all-encompassing review of this important country's foreign and domestic issues. The authors consider foreign policy, Russia and its neighbors, climate change, Russia's role in the world, domestic politics, and corruption.