The Economic Impact of Financial Liberalization in Turkey: Channels of Banking Sector and Foreign Direct Investment

Altinova, Emre (2014) The Economic Impact of Financial Liberalization in Turkey: Channels of Banking Sector and Foreign Direct Investment. Masters thesis, Griffith College.

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Abstract

It is obvious that liberalization affects countries either negatively or positively. In order to receive benefits from it, it should be controlled efficiently. Therefore, this research examines economic impact of financial liberalization in Turkey through the channels of Banking sector and FDI. As, Turkey liberalized at 1980, the economy enhanced compared to the earlier years. However, there were some financial shocks due to inadequate extraversion and financial fragility that is investigated in this research. Banks is the driving factor of the economy according to the study due to positive interest rates led them the strongest link in the financial sector. FDI affects economy positively with providing employment, know-how and technology. In the last decade, Turkey received huge inflows but the economic growth could not be directly correlated with it. Overall, findings suggests that, there is a positive correlation with liberalization and economic growth if liberalization controlled effectively.

Item Type: Thesis (Masters)
Additional Information: Dissertation Supervisor: Alan Lynch
Uncontrolled Keywords: Banking sector, Turkey, Financial liberalization
Divisions: Graduate Business School > MSc in Accounting & Finance Management
Depositing User: Ms Dimphne Ni Bhraonain
Date Deposited: 14 Mar 2017 10:20
Last Modified: 14 Mar 2017 10:44
URI: http://go.griffith.ie/id/eprint/97

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