Abstract enWhen the economic crises between 1994 and 2001 and the economic recession of 2009 in Turkey are examined, it is seen that the crises and the recession have certain common dynamics. The cutbacks in external financing, net capital outflow and a breakdown of expectations during such typical crisis and recession periods cause a rapid rise in exchange rates and reduce the current account deficit. But the decline in investments and the downsizing of manufacturing industries lead to negative growth and unemployment. The aim of this article is to compare the recession periods of 2001 and 2009 and the stagnation period after 2011 and to analyze the reasons thereof
Alan : Sosyal, Beşeri ve İdari Bilimler
Dergi Türü : Uluslararası
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