NOVEMBER 2000, FEBRUARY 2001 AND 2008 ECONOMIC CRISIS OF GLOBAL CRISIS ON EMPLOYMENT AND REFLECTIONS

Turkey in November 2000 and negatively affected by the crisis period in February 2001 entered into recession periods since 2001 and this contraction in real economic indicators were negative impact on the unemployment and employment rates. With the contraction experienced in 2001, it was aimed to re...

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Autores principales: Hakan ACET, Burcu GÜVENEK, Fatma AKACAN
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Publicado: Fırat University 2019
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spelling oai:doaj.org-article:ba63e446b30042c9b65cdc5329f70a452021-11-24T09:20:39ZNOVEMBER 2000, FEBRUARY 2001 AND 2008 ECONOMIC CRISIS OF GLOBAL CRISIS ON EMPLOYMENT AND REFLECTIONS2148-416310.9761/JASSS7831https://doaj.org/article/ba63e446b30042c9b65cdc5329f70a452019-10-01T00:00:00Zhttps://jasstudies.com/index.jsp?mod=tammetin&makaleadi=2096216472_21-Do%C3%A7.%20Dr.%20Hakan%20Acet.pdf&key=28939https://doaj.org/toc/2148-4163Turkey in November 2000 and negatively affected by the crisis period in February 2001 entered into recession periods since 2001 and this contraction in real economic indicators were negative impact on the unemployment and employment rates. With the contraction experienced in 2001, it was aimed to reduce the effects of the crisis on the real economy and to bring the unemployment and inflation rates to balance with the medium term program in order to reduce the effects of the crisis. Against these developments, there has been a turning point in the positive atmosphere in the economy not taking much longer. Despite the positive results of the studies conducted under the scope of the price stability and the inflation targeting in the aftermath of the 2001 crisis period, the increase in the employment rates in 2001 is not out of sight. In 2008 the global financial crisis, the US, the world economy and Turkey's economy Turkish financial system are beginning to show their impact on began to be felt the negative effects of external credit contraction as a result of bank loans in Turkey has led to experiencing contractions. There has been an increase in speculative capital inflows in Turkey with the rapid flow of capital in the world. together with excessive speculative capital inflows have led to negative effects on the economy in Turkey. Between the years 2002-2007 as a result of the increase in capital flows in Turkey increased liquidity in the economy of the well to the show as it may seem, in 2008 towards the US and the abundance of liquidity in Turkey due to muted demand in Europe outsourced to the right to withdraw, Tl to depreciate against other currencies, current the lack of adequate sources of financing the deficit, people and banking institutions as to cause the index of confidence in Turkey has caused to be negatively affected by the crisis. Working in November 2000 and February 2001 and 2008 reflections on employment levels by considering the real effects of the Financial Crisis on Turkey's economy by making its assessment of the 1990-2018 year, the employment rate has sought to demonstrate the effects of the crisis.Hakan ACETBurcu GÜVENEKFatma AKACANFırat Universityarticlecrisglobal financial crisiseconomy of turkeyunemploymentemploymentSocial SciencesHSocial sciences (General)H1-99DEENFRTRJournal of Academic Social Science Studies , Vol 11, Iss 71, Pp 355-376 (2019)
institution DOAJ
collection DOAJ
language DE
EN
FR
TR
topic cris
global financial crisis
economy of turkey
unemployment
employment
Social Sciences
H
Social sciences (General)
H1-99
spellingShingle cris
global financial crisis
economy of turkey
unemployment
employment
Social Sciences
H
Social sciences (General)
H1-99
Hakan ACET
Burcu GÜVENEK
Fatma AKACAN
NOVEMBER 2000, FEBRUARY 2001 AND 2008 ECONOMIC CRISIS OF GLOBAL CRISIS ON EMPLOYMENT AND REFLECTIONS
description Turkey in November 2000 and negatively affected by the crisis period in February 2001 entered into recession periods since 2001 and this contraction in real economic indicators were negative impact on the unemployment and employment rates. With the contraction experienced in 2001, it was aimed to reduce the effects of the crisis on the real economy and to bring the unemployment and inflation rates to balance with the medium term program in order to reduce the effects of the crisis. Against these developments, there has been a turning point in the positive atmosphere in the economy not taking much longer. Despite the positive results of the studies conducted under the scope of the price stability and the inflation targeting in the aftermath of the 2001 crisis period, the increase in the employment rates in 2001 is not out of sight. In 2008 the global financial crisis, the US, the world economy and Turkey's economy Turkish financial system are beginning to show their impact on began to be felt the negative effects of external credit contraction as a result of bank loans in Turkey has led to experiencing contractions. There has been an increase in speculative capital inflows in Turkey with the rapid flow of capital in the world. together with excessive speculative capital inflows have led to negative effects on the economy in Turkey. Between the years 2002-2007 as a result of the increase in capital flows in Turkey increased liquidity in the economy of the well to the show as it may seem, in 2008 towards the US and the abundance of liquidity in Turkey due to muted demand in Europe outsourced to the right to withdraw, Tl to depreciate against other currencies, current the lack of adequate sources of financing the deficit, people and banking institutions as to cause the index of confidence in Turkey has caused to be negatively affected by the crisis. Working in November 2000 and February 2001 and 2008 reflections on employment levels by considering the real effects of the Financial Crisis on Turkey's economy by making its assessment of the 1990-2018 year, the employment rate has sought to demonstrate the effects of the crisis.
format article
author Hakan ACET
Burcu GÜVENEK
Fatma AKACAN
author_facet Hakan ACET
Burcu GÜVENEK
Fatma AKACAN
author_sort Hakan ACET
title NOVEMBER 2000, FEBRUARY 2001 AND 2008 ECONOMIC CRISIS OF GLOBAL CRISIS ON EMPLOYMENT AND REFLECTIONS
title_short NOVEMBER 2000, FEBRUARY 2001 AND 2008 ECONOMIC CRISIS OF GLOBAL CRISIS ON EMPLOYMENT AND REFLECTIONS
title_full NOVEMBER 2000, FEBRUARY 2001 AND 2008 ECONOMIC CRISIS OF GLOBAL CRISIS ON EMPLOYMENT AND REFLECTIONS
title_fullStr NOVEMBER 2000, FEBRUARY 2001 AND 2008 ECONOMIC CRISIS OF GLOBAL CRISIS ON EMPLOYMENT AND REFLECTIONS
title_full_unstemmed NOVEMBER 2000, FEBRUARY 2001 AND 2008 ECONOMIC CRISIS OF GLOBAL CRISIS ON EMPLOYMENT AND REFLECTIONS
title_sort november 2000, february 2001 and 2008 economic crisis of global crisis on employment and reflections
publisher Fırat University
publishDate 2019
url https://doaj.org/article/ba63e446b30042c9b65cdc5329f70a45
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AT burcuguvenek november2000february2001and2008economiccrisisofglobalcrisisonemploymentandreflections
AT fatmaakacan november2000february2001and2008economiccrisisofglobalcrisisonemploymentandreflections
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