Effects of the EU Originated Debt Crisis on Turkey’s Export

Serife Merve Kosaroglu, Haci Ahmet Karadas, Esengul Salihoglu

Abstract


The 2008 global financial crisis, which is originated from US, resumes its effects especially in members of EU. During global or domestic financial crisis waves, worsening on consumer and producer expectations, reduction in foreign capital inflows, and decrease in export are expected. Turkey makes a crucial part of its foreign trade with EU states. Therefore, developments on economies of EU states are reflected to Turkish economy directly or indirectly. This study examines the effects of the demand changes in EU on a global crisis wave to Turkey via Turkish export sector.

Keywords


Trade Balance, Export, Turkish Economy, Time Series, Trade Policy.

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References


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DOI: http://dx.doi.org/10.21533/isjss.v2i1.58

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