2008 Küresel Finansal Kriz ve Türkiye: Makro Ekonomik Göstergelerin Kümeleme Yöntemi ile Analizi

Globalization means the spreading rapidly of the financial and spiritual values and accumulations formed in this context throughout the world by passing beyond national borders The end of the cold-war following the collapse of USSR, the technological improvement and the emergence of the opening process with increasing capital accumulation stimulated the globalization process. Financial markets and the process of financial integration constitutes an important part of the globalization. In this sense, financial globalization could be described as a process which eliminates various controls and restrictions of national financial markets, increases the international capital flows and canalizes the financial markets to the international competition. Depending on financial globalization movement, to obtain the short term capital gains by entry and exit to the national economies leads to great financial fluctuations. Therefore, another issue that world economies has recognized with globalization is financialbased economic crisis caused by sudden attacks and drawbacks of short-term capital movements. In 2008, the financial crisis experienced in the world conjuncture has a considerable influence on Turkish economy as in the developed and developing countries. In this study, the effects of 2008 financial crisis on Turkey’s various macro economic indicators is examined by cluster method and Turkish economy is analyzed with some emerging markets. Findings about the macro economic performance of Turkey after the year 2000, signal an success for some variables and failure for some variables.