Abstract

The latest financial crisis in Turkey during February 2001 was the most recent in a series of crises the country has experienced in recent years. In order to avoid, or at least dampen the effects of a financial crisis, it is crucial to have some type of early warning system. In an effort to help construct such a system, this study identifies the changes in the consumer price index and internal debt, as well as the ratio of the official exchange rate to the over-the-counter exchange rate, as factors that preceded the currency crisis of February 2001.

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.