IDEAS home Printed from https://ideas.repec.org/a/ris/betajl/0004.html
   My bibliography  Save this article

Financial Liberalization and Crisis: An Analysis for Turkey

Author

Listed:
  • Tunç Deveci, Tülin

    (Mersin University)

  • Demir, Eylül Ece

    (Mersin Üniversitesi)

Abstract

The effect of the liberalisation of capital movements on financial crisis has been an important subject of debate again in studies carried out after global financial crisis. With in this scope, first the literature was searched about financial liberalisation and the crisis it caused in this study. After a regression analysis including the years of 1989–2014 was made in this study to find out how the economic growth was influenced by speculative net capital inflows except direct foreign investments for Turkey. According to the analysis results, it has been determined that capital inflows and economic growth has a directly proportional relationship. Inconclusion, when the capital flow in the country rose, the growth rate increased too; however, the economy was constricted when capital inflow (outflow) decreased (increased).

Suggested Citation

  • Tunç Deveci, Tülin & Demir, Eylül Ece, 2016. "Financial Liberalization and Crisis: An Analysis for Turkey," Bulletin of Economic Theory and Analysis, BETA Journals, vol. 1(1), pages 71-86, December.
    • Handle: RePEc:ris:betajl:0004
    as

    Download full text from publisher

    File URL: http://dergipark.gov.tr/download/article-file/233788
    File Function: Full text
    Download Restriction: betajournals@gmail.com
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Keywords

    financial liberalization; financial crisis; capital inflow;
    All these keywords.

    JEL classification:

    • F43 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Economic Growth of Open Economies
    • G01 - Financial Economics - - General - - - Financial Crises

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ris:betajl:0004. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Erginbay Ugurlu (email available below). General contact details of provider: https://dergipark.org.tr/beta .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.