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Journals / Finans Politik ve Ekonomik Yorumlar Dergisi / 2014 / Cilt: 51 - Sayı: 593

BRIC Countries in the Global Financial Crisis and Fiscal Policy Against Crisis

Küresel Finansal Krizde BRIC Ülkeleri ve Krize Karşı Maliye Politikas

Fulya MERCİMEK
Mircan Yıldız TOKATLIOĞLU
Pages
31–52
DOI
—
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AI Summary & Key Takeaways

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

Behind this state, economic and financial characteristics of the BRIC countries, fiscal po- licy measures supported by the positive impact of financial reforms implemented in the 2000s are included.

📌 3 Key Takeaways

🎯
Objective & Hypothesis:It is observed that BRIC countries, which entered a period of consolidation with implemented financial reforms after their crises in the 1990s, especially from the 2000s have gained an important place in the world economy.
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Key Findings & Data:In the global finan- cial crisis in 2008, some of the BRIC countries continued to maintain high growth rates even further thanks to their fiscal policy measures, while others were in the process of re-growth by rapidly taking positive response to fiscal policy.
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Conclusion & Impact:Behind this state, economic and financial characteristics of the BRIC countries, fiscal po- licy measures supported by the positive impact of financial reforms implemented in the 2000s are included.
🔬Design:Research Article
📍Scope:2008 Verileri
⚙️Variables:Domain Parameters

Abstract

It is observed that BRIC countries, which entered a period of consolidation with implemented financial reforms after their crises in the 1990s, especially from the 2000s have gained an important place in the world economy. In the global finan- cial crisis in 2008, some of the BRIC countries continued to maintain high growth rates even further thanks to their fiscal policy measures, while others were in the process of re-growth by rapidly taking positive response to fiscal policy. Behind this state, economic and financial characteristics of the BRIC countries, fiscal po- licy measures supported by the positive impact of financial reforms implemented in the 2000s are included.

Özet

1990’lı yıllarda yaşadıkları krizlerin ardından uyguladıkları mali reformlarla kon- solidasyon sürecine giren BRIC ülkelerinin 2000’li yıllardan itibaren dünya eko- nomisinde önemli bir yer edindikleri gözlenmektedir. Bugünkü küresel finansal krizde ise BRIC ülkelerinin bazıları aldıkları maliye politikası önlemleri sayesin- de yüksek büyüme hızlarını daha da artırarak sürdürmeye devam ederken, bazı- ları ise uyguladıkları maliye politikalarına kısa sürede olumlu cevaplar alarak ye- niden büyüme sürecine girmişlerdir. Bu olgunun arkasında BRIC ülkelerinin eko- nomik ve mali özellikleri, 2000’li yıllarda uyguladıkları mali reformların olumlu et- kileriyle desteklenen maliye politikası önlemleri yer almaktadır.

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Cite This Article

MERCİMEK, F., TOKATLIOĞLU, M. Y. (2014). BRIC Countries in the Global Financial Crisis and Fiscal Policy Against Crisis. Finans Politik ve Ekonomik Yorumlar Dergisi, Cilt: 51 - Sayı: 593, 31–52. https://ajindex.com/articles/210298

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