YOUTH UNEMPLOYMENT IN THE WORLD AND IN TURKEY AFTER THE POST GLOBAL FINANCIAL CRISIS PERIOD
Oskay, Cansel
Neo-liberal policies implemented intensively worldwide since the 1980s and the globalization process and technological development and demographic changes have created many new opportunities, yet they have also affected the labor markets negatively. While the world economy has grown by 5% on average, the unemployment problem has not dwindled. Hence, the change that started with the globalization process led to an economic growth which did not create employment in the world, becoming the main reason for global unemployment. (Çondur and Bölükbaş, 2014: 78-79). Unemployment, which has turned into a global problem, deepened with the global financial crisis experienced in 2008. The 15-24 age group, which is considered as the young population by the United Nations (UN), was affected by...
DOMESTIC DEBTS IN TURKISH ECONOMY: EVALUATION OF THE 1980-2018 RERIOD
Oskay, Cansel
Public borrowing has been one of the major problems for both developed countries and developing countries like Turkey since the 1980s. Due to the neo-liberal policies, which started to be implemented in many countries around the world in the 1980s, borrowing requirement in the public sector started to increase. As of this date, borrowing has become a frequently used resource as a public financing tool. In Turkey, 1980’s were the years in which structural change and transformation was experienced together with foreign expansion and system change. The increase in public sector deficits also with the effect of globalization increased borrowing in public finance. However, domestic borrowing in Turkey turned into a regular source of income used to meet the public deficit financing need...
2008-2018 EVALUATION OF MACROECONOMIC PERFORMANCE OF TURKISH ECONOMY
Oskay, Cansel
Turkey is significantly affected by the global crisis that erupted in 2008 like many countries. Macroeconomic performance was severely weakened during the crisis period. Macroeconomic performance was positively affected by the expansionary policies implemented in the period following the crisis. However, after a while, it was again disturbed and fluctuated. For this purpose, the study is designed to evaluate the macroeconomic performance of the economy of Turkey. It covers the period from 2008 until today. In order to measure the macroeconomic performance of the economy, six main indicators were selected: inflation rate, unemployment rate, growth rate, long-term interest rate, current account deficit and budget deficit. Using these indicators, Discontent Index, Misery Index and Macro...