FINANCIAL INTERVENTIONS
- Editore:
VDM Verlag
- EAN:
9783639161489
- ISBN:
3639161483
- Pagine:
- 240
- Formato:
- Paperback
- Lingua:
- Tedesco
Descrizione FINANCIAL INTERVENTIONS
This book presents evidences on how the financialinterventions have effects on the balance sheets of banks in theTurkey and therefore, on the economy, during 'normal' times and during crises. As happened in the financial crisis of2001 in Turkey, the effects of the Global Crisis of 2008 spread outfrom US economy on Turkish economy has been implying that financialinterventions results from the desire to prevent banking andfinancial crises so that the worst business cycle contractions can beavoided. Thus, chapter one discusses the bases of theinterventionist framework initiated by the Turkish government. Chapter twodraws an attention to how the banking sector has been shaped by thefinancial interventions initiated by the government. Chapterthree explores bank capital channel, regulatory effects, andriskiness in the TBS, and last one deals with the issue of crowding out,interest and exchange rate shocks, and bank lending in Turkey. Thebook should help shed some light on understanding of the issuesof the operation of banking system, monetary theory and policy application. It should be especially useful toprofessionals in economics and finance fields.
