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2006-2011 Küresel Ekonomik Krizinin Bileşenleri ve Karmaşıklığı
[The Components and Complexity of the Global Economic Crisis of 2006-2011]

Author

Listed:
  • Kibritçioğlu, Aykut

Abstract

In this short paper, it is mainly argued that the current global economic crisis (2006-2011) consists not only of the US financial crisis of 2006-2007 which has been globalized since fall 2008. The world economy has also been hit by the Eurozone sovereign debt crisis, rising energy prices, two successive food crises, increases in poverty and hunger, and severe ecological problems within a very short period of time since 2006. All of these components are closely linked to each other, so that they increase the complexity of the current crisis that is still persisting, although their relative contributions are continuously changing with the passing time.

Suggested Citation

  • Kibritçioğlu, Aykut, 2011. "2006-2011 Küresel Ekonomik Krizinin Bileşenleri ve Karmaşıklığı
    [The Components and Complexity of the Global Economic Crisis of 2006-2011]
    ," MPRA Paper 33515, University Library of Munich, Germany, revised 18 Jul 2011.
  • Handle: RePEc:pra:mprapa:33515
    as

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    File URL: https://mpra.ub.uni-muenchen.de/33515/1/MPRA_paper_33515.pdf
    File Function: original version
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    References listed on IDEAS

    as
    1. Anders Aslund, 2009. "The East European Financial Crisis," CASE Network Studies and Analyses 0395, CASE-Center for Social and Economic Research.
    2. Anders Aslund, 2011. "Lessons from the East European Financial Crisis, 2008-10," Policy Briefs PB11-9, Peterson Institute for International Economics.
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    Global economy; Great Recession; economic crisis; financial crisis; international contagion channels; US economy;

    JEL classification:

    • F30 - International Economics - - International Finance - - - General
    • F01 - International Economics - - General - - - Global Outlook

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