Economics
  • ISSN: 2155-7950
  • Journal of Business and Economics

Reflections of the Economic Policies Adopted by Industrial Countries in

the Aftermath of the 2008 Global Financial Crisis on Turkey*

 
 
İbrahim Erol
(Celal Bayar University, Manisa, Turkey)
 
 
Abstract: The purpose of this study is to analyze the monetary and exchange rate policies adopted by industrial countries in the post-2008/9 global financial crisis and to question whether any steps to eliminate the effects of the crisis were taken as well as to discuss the possibility of a potential currency war to arise in-between the countries. By reason of these evaluations, the monetary and exchange rate policies exercised in a selected sample of industrial countries and the probable subsequent effects of them on Turkey will be briefly explained.
 
 
Key words: financial crisis; currency wars; monetary policy; exchange rate policy
 
JEL codes: E31, E42, F62, G01




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