Özet:

The increasing financial and economic crises with both violence and frequency along with globalization have caused financial imbalances in many countries. One of them is the 2008 crisis. In previous crises, while countries manage their debt stocks to a certain extent under positive conditions, the 2008 crisis and the transformation of this crisis into a global stagnation have led to significant increase in public debt stocks. However, there are significant differences in the impact of the crisis on developed countries and rising market economies. The emerging market countries with better macroeconomic indicators in the pre-crisis period have shown better performance in eliminating the effects of the crisis. Nevertheless, in countries with the economic policy framework relatively negative, anti-crisis policies have not produced sufficiently satisfactory results. This study examines the impact of the crisis on public debt by comparing the financial positions of countries before and after the crisis on the basis of macroeconomic indicators.