2008 Global Crisis, The Case Struggle Turkey

Bulut, Şahin (2012) 2008 Global Crisis, The Case Struggle Turkey. In: 3rd International Symposium on Sustainable Development, May 31 - June 01 2012, Sarajevo.

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Abstract

In this survey, how Turkey overcame the 2008 crisis was studied using 2002:1-2011:12 period data through co-integration test. Within the scope of Empiric analysis, the influence of selected macroeconomic variables such as Economical growth, ISE, unemployment, export, agriculture, foreign currency rate-USD and supply of Money were studied through two-stage Engle-Granger co-integration method. As a result of co-integration test, in the long run, export policies, IMKB, agriculture and foreign currency policies practiced have positive contribution to economic growth; therefore, Turkey has been successful in the struggle against economic crisis. Money supply policies had negative effect on economic growth and the recent economic crisis affected the growth of Turkish economy in a negative way. In the short term, export and agriculture had a positive effect on the growth of Turkish economy but global economic crisis had a negative effect. Keywords: 2008 Global economic crisis, struggle, Turkey, co-integration.

Item Type: Conference or Workshop Item (Paper)
Subjects: H Social Sciences > H Social Sciences (General)
H Social Sciences > HB Economic Theory
H Social Sciences > HG Finance
H Social Sciences > HJ Public Finance
Divisions: Faculty of Economics > Management Department
Depositing User: Users 173 not found.
Date Deposited: 02 Nov 2012 14:36
Last Modified: 02 Nov 2012 14:36
URI: http://eprints.ibu.edu.ba/id/eprint/1348

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