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- W1485755570 abstract "In this paper, we study the consequences of the 2000-2001 financial crisis in Turkey to identify the impacts of the crisis on capital and labor. We uncover three significant empirical effects of this crisis. First, international capital benefited from the crisis by both increasing its total assets in Turkey and income flows from these assets, while large domestic financial capitalists also increased their profits in the aftermath of the crisis. Second, industrial capital benefited via a repression of labor. Third, the attempt to ‘remedy’ the economy by imposing structural changes furthered the interests of capital in general." @default.
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- W1485755570 date "2008-01-01" @default.
- W1485755570 modified "2023-09-27" @default.
- W1485755570 title "The 2000-2001 Financial Crisis in Turkey: A Crisis for Whom?" @default.
- W1485755570 hasPublicationYear "2008" @default.
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