THE ECONOMICAL EFFECTS AND RESULTS OF JULY 15, 2016 COUP ATTEMPT IN TURKEY
THE ECONOMICAL EFFECTS AND RESULTS OF JULY 15, 2016 COUP ATTEMPT IN TURKEY
Author(s): Nevzat TetikSubject(s): Economy, Public Finances
Published by: Universitatea SPIRU HARET - Faculty of Accounting and Financial Management
Keywords: July 15 Coup Attempt; Finance; Economic Crisis; Measures and Applications; Central Bank;
Summary/Abstract: In Turkey, the military coup attempt on July 15, 2016 brought about many negative political, social and economic effects. In this study, impacts of the coup attempt on Turkish economy, the macroeconomic measures taken and its consequences are emphasized. The Turkish Government and the Central Bank of Republic of Turkey have taken strong and decisive measures and in order to minimize losses and to sustain economic stability again. In a very short time volatilities in money and capital markets slowed down and confidence in the markets reestablished. A stronger democracy, a more stable market and a reliable investment area have emerged after coup attempt in Turkey.
Journal: Journal of Academic Research in Economics (JARE)
- Issue Year: 10/2018
- Issue No: 3
- Page Range: 365-377
- Page Count: 13
- Language: English
- Content File-PDF