Abstract:

This paper investigates the effects of global fi nancial crisis on Turkish economy in the frame of indicators such as index of industrial production, capacity utilisation rate, unemployment rate, economic growth and export. The global crisis, which started in USA and effected the European and Asian economies, has caused a contraction in demand and economic growth both in Turkey and all over the world. The recession in the USA and European countries, has caused a reduction in the demand for Turkish products that are exported to those countries. The decrease in the index of industrial production and capacity utilisation rate indicates that the negative effects of global fi nancial crisis are perceived in Turkey. The problem of uncertainty and confi dence, that is created by the global fi nancial crisis, is seen from the reduction in confi dence indexes.

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