Abstract:

Global financial crisis has been affected the whole world in the last quarter of 2008, has led to a severe recession in the international markets. Crisis effects started in the USA and has affected many developed and developing countries, including Turkey. In this study, the effects of 2008 global financial crisis on Turkey were examined with macro- economic respects. In this context, primarily the public and private sector external debt stock, stock indexes, foreign exchange, Brent oil prices, imports, exports, current account balance, short-and long -term foreign capital investment and GDP growth are analyzed. Then, examined the interaction between Istanbul Stock Exchange National 100 Index (bist), interest rates (faiz), export (ihr) and U.S. Dollars (usd) indicators with economic growth (gdp) via empirical methods. According to the findings of the study, Istanbul Stock Exchange National 100 index in the medium and long-term, interest rates in the short and medium term, exports in the medium and long-term causes on the economic growth. In addition to these findings, economic growth cause export in the short term.

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