Effects of the EU Originated Debt Crisis on Turkey’s Export
Author(s) -
Şerife Merve KOŞAROĞLU,
Hacı Ahmet KARADAŞ,
Esengül SALİHOĞLU
Publication year - 2016
Publication title -
inquiry
Language(s) - English
Resource type - Journals
eISSN - 2303-8713
pISSN - 2303-7105
DOI - 10.21533/isjss.v2i1.58
Subject(s) - financial crisis , turkish , turkish economy , international economics , foreign capital , debt crisis , economics , international trade , capital (architecture) , debt , business , financial system , economy , foreign direct investment , geography , finance , macroeconomics , archaeology , linguistics , philosophy
The 2008 global financial crisis, which is originated from US, resumes its effects especially in members of EU. During global or domestic financial crisis waves, worsening on consumer and producer expectations, reduction in foreign capital inflows, and decrease in export are expected. Turkey makes a crucial part of its foreign trade with EU states. Therefore, developments on economies of EU states are reflected to Turkish economy directly or indirectly. This study examines the effects of the demand changes in EU on a global crisis wave to Turkey via Turkish export sector.
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