An Assessment of 2023 Recession and Potential Economic Performance of Turkey

Authors : Özlen Hiç, Ozan Kireççi

Pages : 10-21

View : 242 | Download : 176

Publication Date : 2023-12-30

Article Type : Research Paper

Abstract :This research explains the phenomenon of \"2023 Recession\",with justified reasons. The \"Monetary and Fiscal Expansion\" reflex of the world economy, which experienced the Covid-19 Pandemic and the 2008 Great Recession, is brought to light with data. In addition, the impact of the recent "Ukranian War” on the discussed \"Recession\" phenomenon with data. \"Expanding Public Expenditures and Money Supply\", \" Increasing Energy and Commodity Prices \" are the topics of the article, and the last part of the article is devoted to \"Turkey\" as an emerging economy. Since Turkey plays a critical role in the Ukraine-Russia war, a number of scenarios will be created on \"Turkey\'s Possible Position\". These scenarios will only include inferences (forecasts) made from economic data.
Keywords : Resesyon, Rusya Ukrayna Savaşı, Parasal ve Mali Genişleme, Hammadde Fiyatları, Enflasyon