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  • The Re-making of the Turkish Crisis 

    Authors:Orhangazi, Özgür; Yeldan, A. Erinç
    Publisher and Date:(WILEY, 2021-03)
    By the end of 2018 Turkey had entered a new economic crisis and a lengthy recession period. In contrast to the previous financial crises of 1994, 2001 and 2009, when the economy shrank abruptly with a spectacular collapse of asset values and a severe contraction of output, the 2018 economic crisis was characterized by a prolonged recession with persistent low (negative) rates of growth, dwindling investment performance, debt repayment problems, secularly rising unemployment, spiralling currency ...