Browsing by Author "Paker, Ali"

Filter results by typing the first few letters
Now showing 1 - 1 of 1
  • Thumbnail Image
    Master Thesis
    Küresel finansal krizler: 2008 yılı küresel finansal krizin Türkiye ve seçilmiş ekonomilere etkileri
    (2014) Paker, Ali; Tutan, Mehmet Ufuk
    In this study, from the first known modern financial crisis, Tulipomania in 1637, to the recent crisis in 2008, we study many major, selected financial crises in the global economy and the modern Turkish economy as well. While studying such major crises, we focus on the reasons of those crises; the ways of spreads of those crises; sphere of influences of those crises. Also, we study selected policy measurements againts such crises and main results of such policies. We intend to understand the negative effects of those recent financial crises on the selected leader developed and developing countries; to give some comments about those effects; and to present some contributions to the existing related literature. In the first chapter, we present the definitions and types of financial crises. In the second chapter, we study the major, selected financial crises in the global economy from the year, 1637, to the year, 2008, In the third chapter, we focus on the effects of both global and national financial crises into the modern Turkish economy. In the fourth chapter, we study the recent financial crisis in 2008, starting with the mortgage crisis in the USA. In the fifth chapter, We focus on behaviours of the stock exchange markets and foreign exchange markets of the selected 13 economies and the Turkish economy before and after the recent financial crisis in 2008. Each and every major financial crisis between the years, 1637 and 2008, has different properties but has the same starting point that is the desire of excessive earnings for speculative investments. After the 17th century, almost all modern financial crises have started in the economies of the global hegemonic powers and then, have spread into the global economy. During that period, foreign exchange markets and stock exchange markets have articulated in the global financial system. Hence, the two different markets have worked like one single market for the global speculative investors, and consequently, all financial crises in the global, regional and national levels have negatively influenced all economies articulated to the global economy. That has increased the sphere of influences of such crises. Key Words : 1) Financial Crises 2) Foreign Exchange Markets 3) Stock Exchange Markets 4) Speculative Investments