International Conference on Eurasian Economies
4-5 November 2010 – Istanbul, TURKEY
Paper detail
Paper ID : 127
Status : Paper published
Language : Turkish
Topic : Finance and Financial Crises
Presenter: Mr. Bilal Özer
Session : 1A Küresel Kriz
The Effects Of 2008 Global Crisis On Eurasian Countries' Economies
2008 Küresel Krizinin Avrasya Ülkelerinin Ekonomileri Üzerindeki Etkileri
- Mr. Bilal Özer (Okan University, Türkiye)
- Ph.D. candidate Alper Karaağaç (Istanbul Üniversitesi, Türkiye)
- Mr. Ismail Önden (Okan University, Türkiye)
Abstract
With the ongoing technological progress new transportation and communication channels have emerged, and interactions between people and therefore states has increased significantly. As a consequence of this development the concept of globalization, meaning the disappearance of the boundaries between states, has arisen. Thus the process of integration between the economies of states has started, which increased the dependency and interaction of the state economies. Hence, an economics crisis appearing in a particular state effects all of the countries integrated to this integrated system. In this study it is aimed to research that in what degree the Eurasian economies are integrated to the world economy, and affected from the recent economic crisis. The changes of the growth rates of the economies of Eurasian states during the crisis have been considered in order to employ them in the analysis of these affects. Moreover, by considering the basic economic indicators of those states such as unemployment rate, consumer price index, budget deficit, current deficit, it is aimed that to reach a general view of those states economic positions.
JEL codes: F20
Özer, Bilal, Karaağaç, Alper, Önden, Ismail (2010). "The Effects Of 2008 Global Crisis On Eurasian Countries' Economies" in Proceedings of International Conference of Eurasian Economies 2010, pp.23-27, Istanbul, TURKEY.
DOI: https://doi.org/10.36880/C01.00127
