Krizler ve İşsizlik Arasındaki Bağlantıyı Ekonomik Açıdan Anlatan Bir Sunum

1. Crisis and
Unemployment
by
Serdar
Bayraktaro ğ lu

2. Basic Definitions
What is a Crisis?
A Crisis is an event that can destroy or affect an entire
organization.
Characteristics of A Crisis
Little time in which to act or
1 respond
2 Missing or uncertain information
3 A threat to resources or people.

3. Basic Definitions
What is An Economic Crisis?
An economic crisis refers to a period in which undesigned
and imponderable progress causes to negative macro - and
microeconomic consequences.

4. Types of Economic
Crises
1 Banking crises
2 Speculative bubbles and crashes
3 International financial crises
4 Wider economic crises

5. Types of Economic
Crises
1 Banking crises
Banking crisis is a type of financial crises in which a large
number of panicky customers try to withdraw their funds
from the bank they believe may fail.

6. Types of Economic
Crises
2 Speculative bubbles and crashes
What is a bubble ?
An economic bubble is “trading with high prices that are
considerably at variance with intrinsic values.
Bubbles generally have a negative impact on the economy
because they tend to cause misallocation of resources into
non-optimal uses. In addition, the crash which usually follows
an economic bubble can destroy a large amount of wealth
and cause negatively economic circumstances.

7. Types of Economic
Crises
3 International financial crises
When a country that maintains a fixed exchange rate is
suddenly forced to devalue its currency because of a
speculative attack, this is called a currency crisis or balance of
payments crisis.

8. Types of Economic
Crises
4 Wider economic crises
Recession & Depression
What is a recession ?
A downturn in economic growth lasting several
quarters or more is usually called a recession
What is a depression ?
An especially prolonged recession may be called a
depression.

9. Causes of Economic Crises
Inactive Monetary Management
Incapable Auditing
Disordered Balance Sheets
Inactive Financial Management
Inactive Leadership Organizational Structure
Breakdown in Production & Services
Coordination Failure
Organizational
Unplanned Management Extreme Growth
Causes
Management Without Vision Hierarchy
Lack of Communication Centralism
Liquidity Problems
Shortfall of cash
Receivable collecting problems

10. Causes of Economic Crises
Ecologic Changes and Natural Disasters
Flooding
Earthquake
Economic changes
Climatic irregularity
Hyperinflation
Deregulation
Technologic Changes
Intensive Competition
Biotechnology Localization
Non
Communication Technology Organizational Demand Downturn
Causes
Information Technology Supply Downturn
Inventions Globalization
Economic Liberalization
Political Changes Increasing Tax Rates
Military Coup Depression
Governmental Crisis
Political Unstability

11. Consequences of
Economic Crises
Effects of Economic Crisis :
Unemployment and Income
Loss ( mass impacts )
overcome the turbulence
with the least effect
text

12. Crises
The Great Depression was a worldwide economic
depression originated in the United States and started in
1929 most countries in 1929 and continued till 1930s or early
Crisis 1940s for different countries. It was the largest and most
important economic crisis in history, and is used as an
example of how far the world's economy can fall.

13. Crises
The Turkish economy remained an inward-oriented
closed economy until the government launched an
economic reform and stabilization program on 80s to
liberalize the Turkish economy. The stabilization
program
1994 has a favorable impact on the Turkish economy,
Crisis transforming it into an export-oriented, private-sector-
driven economy. as the economy flourished, however,
increasing political competition forced the government
to compromise the stabilization program and pursue
fiscally damaging populist economic policies, which
resulted in an economic crisis in the beginning of 1994.

14. Crises
The government responded to the economic crisis by
launching an IMF backed economic stabilization
program. As the economy recovered and economic
stability improved, the government delayed continued
implementation of the structural measures of the
1994 stabilization program, which resulted in the further
Crisis deterioration of the Turkish economy until the
worsening fiscal situation eventually culminated in
another major economic crisis in 2001.

15. Crises
1997 asian crisis was a period of financial crisis which has
started in july 1997 in thailand with the financial collapse
1997 of the Thai baht through the decision of the government
Crisis to float money to devaluate the national currency.

16. Crises
The 2001 crisis of Turkey preceded by a financial turmoil
that burst in the second half of November 2000 just at
the midst of an exchange rate based stabilization
program. As of the end of December
2000, the average interest rates were almost four times
higher than their levels at the beginning of November
2001 and more than five times higher than the pre-announced
Crisis year-end depreciation rate of the lira.
This unsustainable situation ended on the February 19,
2001, when the prime minister announced that there
was a severe political crisis. Three days later, the
exchange rate system collapsed and Turkey declared
that it was going to implement a floating exchange rate
system.

17. Crises
The global financial crisis of 2008 became in september
'08 visible. With the bursting of U.S. Housing bubble the
mortgage crisis has occured. Consequent failures of U.S.
and European investment banks, insurance firms and
mortgage banks it rapidly evolved into a global crisis
resulting in a number of European bank failures and
2008 declines in various stock indexes, and large reductions in
Crisis the market value of equities and commodities
worldwide. The crisis has led to a liquidity problem and
the de-leveraging of financial institutions especially in
the United States and Europe, which further accelerated
the liquidity crisis.

18. Precautions
Macro
Generally macroeconomic unstabilities lie behind economic
crises. In that case the priority is to reestablish the macroeconomic
stability. Political stability is the way to provide macroeconomic
stability. Structural reforms about regulations, fiscal discipline,
trust and stability must be legislated by all means. Monetary
discipline is important. Government obligations have to
Be constitutional just like it is in European Union. ( Maastricht
Treaty) Public borrowings rate should have strict discipline thanks
to the constitutional obligations. Tax System should be reordered
considering principles of equity, justice, stability and efficiency.
Diminishing pressure of taxes and reducing untaxed economy
would be helpful.

19. Precautions
Micro
Although macroeconomic precautions are a necessary for the
economic stability microeconomic regulations are also required
to cure economic crises. Effective applying of Total Quality
Management as the modern management mentality,Effective
applying of innovative management technics in organizations
Getting high quality, low costs, speed and effective services and
restructuring thanks to the reengineering process

20. Effects of Crises
The biggest effect of crises is
1929
USA 1994
Turkey
2008
USA Unemployment
1997
ASIA
2001
Turkey

21. Between 1929-1942

22. USA Emplyment Rates
10 9,7
9
7,6
8 7,5
7,4
7,2
7
6,7
7 6,2 6,1
6
6
4,9 5,1
5 4,6
4
4
3
2
1
0
1981
1982
1984
1985
1986
1987
1991
1992
1994
1997
2000
2003
2005
2007
Unemployment

23. Unemployment Rates of
All World

24. Evolution of
unemployment

25. Historical Events
USA
1929 USA
2008
The Great Depression ASIA
A worlwide economic 1997 Global Financial
downturn TURKEY Crises
2001 Spread of the U.S.
Subprime
TURKEY Asian Financial Crisis
Mortgage Crises
Develuations and Banking
1994
Crises across Asia 2003.10 Add
Your Text
2003.10 Add
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