The Making of the Turkish Financial Crisis

By Y. Akyüz, K. Boratav. 2003

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Authoritarian Neoliberalism and Democratic Backsliding in Turkey: Beyond the Narratives of Progress (2018, background): “…conlict with the PKK (Partiya Karkerên Kurdistanê – Kurdistan Workers’ Party). he trial-and-error approach to deepening liberalisation in the 1990s culminated in a major economic crisis in 2001 which shrank the economy ‘at an unprecedented rate of some 9.5%’ (Akyüz & Boratav 2003, p. 1550).”
Globalization, alternative modernities and the political economy of Turkey (2005, background): “In these debates, it is commonly argued that the crisis of Turkish economy has a number of features similar to the recent financial crises that have occurred in world economy (such as the Asian crisis in 1997, the Russian crisis in 1997 and the Argentinean crisis in 2000) and that the exchange-rate-”
Attributes and Characteristics of Regional Resilience: Defining and Measuring the Resilience of Turkish Regions (2016, background): “(KAZGAN, 2012), while domestic conditions still played an important role, in particular, the high fragility of the domestic banking system (AKYUZ and BORATAV, 2003).”