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Journals / Kafkas Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi / 2019 / Cilt: 10 - Sayı: 20

HYMAN P. MINSKY’S “BIG GOVERNMENT” APPROACH IN SECURING ECONOMIC STABILITY AND ITS APPLICABILITY IN THE TURKISH ECONOMY

ERKAN TOKUCU
SERKAN KÜNÜ
MURAT AKÇA
Pages
807–828
DOI
—
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AI Summary & Key Takeaways

AI Insight
⚡ TL;DR(Too Long; Didn't Read)

Moreover, budget indicators show that the government can implement big government policies to secure financial and economic stability in Turkey.

📌 3 Key Takeaways

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Objective & Hypothesis:The aim of this article is to discuss the applicability of Hyman P.
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Key Findings & Data:Minsky’s “big government policy” proposal in the Turkish economy.
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Conclusion & Impact:Moreover, budget indicators show that the government can implement big government policies to secure financial and economic stability in Turkey.
🔬Design:Research Article
📍Scope:Comprehensive Sample
⚙️Variables:Big Government · Sectoral Financial Balances · Economic Stability

Özet

The aim of this article is to discuss the applicability of Hyman P. Minsky’s “big government policy” proposal in the Turkish economy. According to Minsky, one of the main causes of economic cycles is the private sector’s decreasing investments and profits. The government is able to contribute to economic stability by reversing the decreasing investments and profits by means of big government policies. Turkish macroeconomic data verifies theoretical explanations of big government regarding total profits. Moreover, budget indicators show that the government can implement big government policies to secure financial and economic stability in Turkey.

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Cite This Article

TOKUCU, E., KÜNÜ, S., AKÇA, M. (2019). HYMAN P. MINSKY’S “BIG GOVERNMENT” APPROACH IN SECURING ECONOMIC STABILITY AND ITS APPLICABILITY IN THE TURKISH ECONOMY. Kafkas Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi, Cilt: 10 - Sayı: 20, 807–828. https://ajindex.com/articles/204521

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References (3)

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