International Conference on Eurasian Economies
1-3 July 2014 – Skopje, MACEDONIA
Paper detail
Paper ID : 1159
Status : Paper published
Language : English
Topic : Finance and Financial Crises
Presenter: Prof. Dr. Sudi Apak
Session : 3B Finance II
Development of the Financial Markets in Turkey in Comparison with the EU Countries
Development of the Financial Markets in Turkey in Comparison with the EU Countries
- Prof. Dr. Sudi Apak (Esenyurt University, Türkiye)
- Asst. Prof. Dr. Mehmet Fatih Bayramoğlu (Bülent Ecevit University, Türkiye)
Abstract
The Turkish financial sector, especially the Turkish banking sector, demonstrates a growth tendency in recent years. Although this growth is observed to be steady, it has not reached a sufficient volume and the sources of growth are not healthy. In this study, the dimensions of the said growth in the Turkish financial sector are analyzed in comparison with the EU member countries, which are also the members of OECD, with respect to the competitiveness features of the countries and financial centers, banking sectors of the countries and the capital markets of the countries. The study presents an evaluation of the current situation with a special focus on Istanbul - a city planned to be a global financial center.
JEL codes: G15
Apak, Sudi, Bayramoğlu, Mehmet Fatih (2014). "Development of the Financial Markets in Turkey in Comparison with the EU Countries " in Proceedings of International Conference of Eurasian Economies 2014, pp.290-298, Skopje, MACEDONIA.
DOI: https://doi.org/10.36880/C05.01159
