Returns Of Investment Tools In Recession Periods For Turkey


Sener S., Pirincciler E. C.

7th International Strategic Management Conference, Paris, Fransa, 30 Haziran - 02 Temmuz 2011, cilt.24 identifier identifier

  • Yayın Türü: Bildiri / Tam Metin Bildiri
  • Cilt numarası: 24
  • Doi Numarası: 10.1016/j.sbspro.2011.09.128
  • Basıldığı Şehir: Paris
  • Basıldığı Ülke: Fransa
  • Çanakkale Onsekiz Mart Üniversitesi Adresli: Evet

Özet

The Global Financial Crisis has first affected USA economy, then rapidly spread over the Europe. Although it has started in USA its effects on financial system have been more severe in EU. Being one of the best trade partner of EU, Turkish economy has been also largely affected by the crisis. Nevertheless Turkish financial system was stable in crisis period, investment instruments were shaken. The main objective of this paper is to discuss the global financial crisis in 2008 how was affected to economy and investment instruments in Turkey. To this end, we first explored the performance of rates of return investment instruments. At the same time, we also investigated the financial indicators such as ISE-100 index, interest rate, exchange rate such as dollar and euro and gold parity from 2003 till 2010. We discussed the causes and effects of 2008 economic recession and other influential crisis of Turkey. We explained the data by annual periods and showed the distributions of financial instruments by graphics. In addition we evaluated the relations between rates of return and crisis period in Turkey. (C) 2011 Published by Elsevier Ltd. Selection and/or peer-review under responsibility 7th International Strategic Management