The global financial crises and their impact on the economic performance of Turkey for the period (1980-2018)

Abstract

World has known many crises and disasters, and promised financial crisis of more crises repeatedly in the economies of the countries, especially western countries. Have varied forms, causes and effects and the most recent global financial crisis, the US. That there is a tangle and overlap and integration in economic relations, the financial crisis has repercussions and implications for all economies of the countries and communities and to varying degrees. Based on what progress suppose the research that the global financial crisis have a negative impact on the performance of the Turkish economy. Was based on research into the descriptive analytical approach to illustrate the impact of the global financial crisis in the performance of the Turkish economy. The research included two main axes, the first dealt with the theoretical and conceptual framework for global financial crises and the second focused on the descriptive analytical framework of the impact of global financial crises on the Turkish economy performance. The most important conclusions of the research, the global financial crisis period of the eighties of the last century did not have a significant impact on the Turkish economy performance. While the nineties and after the second millennium was in effect confined to the economic performance of the global financial crisis, as well as domestic and regional effects, as research found some of the most important proposals, loans and credit concentration and directed towards the real economic sector in Turkey.