Kilinç, Mustafa; Kilinç, Zübeyir; Turhan, M. Ibrahim - In: Emerging Markets Finance and Trade 48 (2012) S5, pp. 19-34
The authors explore the sources of the resilience of the Turkish economy to the global financial crisis of 2008. They first show that financial factors and fundamentals were very strong in Turkey before the crisis, and monetary and fiscal policies responded strongly to the crisis in a...