The Effects of the Global Crisis on Turkish Banking Sector1
Küçük Resim Yok
Tarih
2019
Yazarlar
Dergi Başlığı
Dergi ISSN
Cilt Başlığı
Yayıncı
Peter Lang AG
Erişim Hakkı
info:eu-repo/semantics/closedAccess
Özet
Thanks to communication technologies we can eliminate the boundaries among countries and also making their economies dependable to each other. The global financial crisis has negatively affected both developed and developing countries. The housing bubble in the US has triggered the financial crisis and it has spread out to all over the world. All financial sectors have been affected by the crisis and the global economy suffered large losses. This financial crisis has negatively affected countries in terms of currency rates, unemployment rates and industrial productions. Although many huge international banks bankrupted in developed countries, Turkish banking sector has been less affected by the global financial crisis. The main purpose of this study is to determine how Turkish banking sector has been affected limitedly compared to its peers. Main point of this study is that Turkish banking sector has successfully overcome the side effects of the global financial crisis thanks to strong financial structure after the reconstruction in 2001. Consequently it can be said that Turkish banks are ready for crisis with the measures taken before crisis and regulations in the financial markets. © 2019 Peter Lang GmbH.
Açıklama
Anahtar Kelimeler
Banking sector, Financial markets, Global crisis
Kaynak
Crisis as a Political and Economic Concept
WoS Q Değeri
Scopus Q Değeri
N/A
