Crisis as a Political and Economic Concept

Ekrem Yasar Akcay; Habip Demirhan; Selim Demez

Crisis as a Political and Economic Concept

A Multidisciplinary Approach

by Ekrem Yasar Akcay (Volume editor)

, Habip Demirhan (Volume editor), Selim Demez (Volume editor)
©2019, Edited Collection, 178 Pages
History & Political Science

The volume provides a collection of research papers elucidating the concept of crisis from a multidisciplinary standpoint. The authors, all academicians of Hakkâri University’s (HU) Faculty of Economics and Administrative Sciences, discuss the concept of crisis in the context of different case studies.

Cover
Title Page
Copyright Page
About the editors
About the book
Citability of the eBook
Contents
Preface
Acknowledgment
List of Abbreviations
Introduction
I The Effectiveness of the European Union in the Iraq Crisis in 2003
- Introduction
- September 9/11 Terrorist Attacks and Change in US Foreign Policy
- Iraq Intervention of US in 2003
- EU’s Iraq Policy and Ineffectiveness in Iraqi Intervention: A Bee That Cannot Make Honey
- Conclusion
- References
II The 1990–1991 Gulf Crisis from a Neorealist Perspective
- Introduction
- Neorealism and the Crisis Situation
- Conceptualization of the Neorealist Approach
- International and Regional Environment between 1990 and 1991
- Iraq and Kuwait
- Implementation of Revisionist Strategies by Iraq
- The Importance of Kuwait for the System
- The Reaction of the International System Against the Invasion of Kuwait
- Consequences of the Crisis and the War
- Conclusion and Evaluation
- References
III Effects of Economic Crises on Urban Quality of Life
- Introduction
- The Urban Quality of Life
- The Economy and the Urban Quality of Life
- Conclusion
- References
IV European Union Debt Crisis: Debt Consolidation and Measures for the Crisis
- Introduction
- The Brief History of European Union
- EU Debt Crisis (Eurozone Crisis)
  - Fiscal Consolidation
  - Fıscal Consolidation and Its Instruments
  - The Reasons, Effects and Outcomes of Fiscal Consolidation
- Measures for Debt Crisis in European Union
  - Measures of Member States
  - Greece
  - Spain
  - Portugal
  - Italy
- Measures of European Union for Crisis
  - Balance of Payment Facility
  - Pooled Loans (Greek Loan Facility)
  - European Financial Stability Mechanism
  - European Financial Stability Facility
  - European Stability Mechanism
  - Euro-Plus Pact
  - Fiscal Union
- Conclusion
- References
V The Role of the Economic Crisis to Expand the Public Sector
- Introduction
- Criticisms Towards the Public Sector
- Weakening of Liberal Economy
- Conclusion
- References
VI Theories of Monetary Crisis∗1
- Introduction
- Crisis Concept and Economic Crises
  - Real Sector Crises
  - Financial Crises
  - Banking Crisis
  - Currency Crisis (Monetary Crisis)
- Theoretical and Empirical Monetary Crisis Models
  - Monetary Crisis Theories
- Theoretical Monetary Crisis Models
  - The First Generation Monetary Crisis Theory
  - Extended First Generation Model
  - Second Generation Monetary Crisis Theory
  - Third Generation Monetary Crisis Theory
- Empirical Crisis Theories
- Early Warning Signal Models
  - Eichengreen, Rose and Wyplosz (1995)
  - Kaminsky, Lizondo and Reinhart (1997)
  - Berg and Pattillo (1998)
  - Kaminsky (2000)
  - Edison (2000)
- Restricted Dependent Regression Models
  - Frankel and Rose (1996)
  - Eichengreen, Rose and Wyplosz (1996)
  - Esquivel and Larrain (1998)
  - Kruger, Osakwe and Page (1998)
- Crisis Intensity Model
  - Sachs, Tornell and Velasco 1996
  - Corsetti, Pesenti and Roubini (1998)
  - Cartapanis, Dropsy and Mametz (2002)
- Continued Crisis Model with Two Regimes
- Conclusion
- References
VII Turkey’s First Devaluation: 7 September 1946 Decisions
- Introduction
- The Stages of Decisions
- A Quick Glance at Turkish Economy
- The First Effects of Devaluation
- Decisions Caused Delays in Investment
- Conclusion
- References
VIII The Causality Relationship Between Current Account Deficit and Currency Crisis: The Case of Turkey1
- Introduction
- Currency Crises
- Literature
- Econometric Method and Findings
- Unit Root Test
- Causality Analysis
- Conclusion
- References
IX Marketing Communication During Crisis Process
- Introduction
- Concept of Crisis
- Advantages of Crisis
- Crisis Management Process
- Marketing Communication in Crisis
- Crisis Management in Social Media
- Conclusion
- References
X The Effects of the Global Crisis on Turkish Banking Sector1
- Introduction
- Types of Financial Crises
- Financial Crises in Historical Process
- Causes of Global Crisis
- Banking System in Turkey
- Conclusion
- References
About Authors
List of Tables
List of Figures
Index