2001 ECONOMİC CRİSİS OF TURKEY

CİHAN OĞUR

WHAT İS THE ECONOMİC CRİSİS

A situation in which the economy of a country experiences a sudden downturn brought on by a financial crisis

ECONOMİC CRİSİS EFECT PEOPLE

People affected by economic crisis

REASONS OF 2001 ECONOMİC CRİSİS OF TURKEY

ECONOMİCAL REASONS

BANK’S MANAGEMENT

MACRO ECONOMİC CONDİTİON

BANKS WERE MANAGED BADLY

Banks grant loan too much Liquity crisis occur

BANKS MADE LOSS

Some public banks made loss such as ziraat bank and halkbank

MACROECONOMİC SİTUATİONS’ EFFECTS

Low in

tere

s

incr

ease

dem

and

İnflation force economy

POLİTİCAL REASONS

Bad Management

Discussion

ECONOMY MANAGED UNSUCCESSFUL

Government tried to conceal the making loss publics banks

DİSPUTE WİTH İN STATE

Coalition

Because of coalition, discussion was inevitable

DİSPUTE WİTH İN STATE

Crisis started that President of the Republic flung constitutional charter to prime minister

RESULTS OF 2011 ECONOMİC CRİSİS OF TURKEY

SOME MACROECONOMIC SITUATION OCCURED

Inflation

Increased

MACROECONOMIC SITIUTION

Unemployment increased too much

TURKEY RATE WAS REDUCED

Credit rating agencies reduced TURKEY rate

GOVERNMENT POLİTİCS CHANGED

Kemal Derviş was named head of the economy

FLOATİNG POLİTİC CHANGED

Floa

ting

exch

ange

rate

regi

me

inco

me

BANKİNG WAS ORGANİZED

BDDK was esta

blished

CONCLUSİON

Because of these conditions public had psychological problems.