This paper focuses on the impacts of the recent global crisis on the Turkish economy and the policy measures taken in response to the crisis. Turkish economy was adversely affected by the crisis through mainly three channels, namely expectations channel, trade channel and financial channel. The...

If one needs to scrutinize the Economy of Turkey within a historic period of time, one realizes that poverty fact and factors which form poverty are essentials, because poverty is not a cause, but it is a consequence itself. Poverty, which relates to deprival, is the conclusion of several...

The current account balance is an important indicator of any economy’s performance and it plays several roles in policymakers’ analyses of economic developments. First, its significance comes from the fact that the current account balance, reflecting the saving-investment ratio, is closely...

This paper investigates the effect of the inflation thresholds on growth in post-1980 period in Turkey. A bivariate non-linear model, Smooth Transition Regression (STR), is used to find these thresholds. The estimated STR model for Turkey shows that there are two thresholds and three seperate...

In this study, the effect of Global development on the labour part and the effect of the position of Turkey’s labour part was examined.Primarily, in this study, the effect of global trade policies on the labour part was considered as centre-surrounding country, the heterogenous effects of...