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Terör ve Finansal Yapı Arasındaki İlişki

Year 2017, Volume: 5 Issue: 1, 9 - 19, 01.06.2017

Abstract

Ulusal ve uluslararası terör faaliyetlerindeki artış ve bunlara karşı alınan önlemler, terörün ekonomik
etkilerinin yakından analiz edilmesine neden olmuştur. Terörizm ekonomik birimlerin faaliyetlerini,
davranışlarını ve beklentilerini etkileyerek ulusal ve dünya ekonomisinin temel yapıtaşlarında önemli
değişikliklere neden olmaktadır. Terör, ülkelerin kalkınmasını ve büyümesini olumsuz yönde etkilemektedir. Bir
ülkede eğer gelir dağılımı eşitsizliği varsa, ülkenin eğitim ve sağlık hizmetleri yaygınlaşmıyorsa o ülkedeki milli
gelir artış gösterse bile kalkınmadan bahsetmek mümkün değildir. Kalkınma ve büyüme için gereken en unsur
güven ve barış ortamıdır. Kişilerin kendilerini güvende hissetmedikleri bir ortamda iktisadi faaliyetler istenen
seviyede olmayacaktır.

Günümüzde küreselleşmeyle birlikte terörizm, sosyal ve ekonomik sonuçları beraberinde getirmektedir.
Bu sonuçlar neticesinde mali sistemlerde ve ulusal ekonomilerde ciddi zararlar meydana gelmektedir. Bu
nedenle çalışmamızda terör ve finansal yapı arasında ilişki incelenerek, terörizmin ekonomik büyüme üzerindeki
etkileri ve mali yapı üzerindeki etkileri analiz edilmeye çalışılacaktır. 

References

  • Abadie, A.and Gardeazabal, J. (2003). The Economic Costs Of Conflict A Case Study Of The Basque Country. American Economic Review, 113-132.
  • Abadie, A.,and Gardeazabal, J. (2008). Terrorism and The World Economy. European Economic Review 52(1), 1-7.
  • Ağır, H. and Kar, M. (2010). An Assessment of Macroeconomic Consequences of Terrorism. Journal of Political and Economic Interpretations of Finance, 13-32.
  • Ağırman, E., Özcan, M. and Yılmaz, Ö. (2014). The Impact of Terrorism on Financial Markets: An Empirical Study. Journal of BRSA Banking and Financial Markets, 8(2), 99-117.
  • Akıncı, M., Akıncı, G. and Yılmaz, Ö. (2015). The Impact of Tourism on Direct and Indirect Investments: How Much Compensation Is External Aid? Ankara University SBF Magazine, 1-33.
  • Alesina, A., and Perotti, R. (1996). Income Distribution, Political Instability and Investment. European Economic Review 40, 1203-28.
  • Alesina, A., Özler, S., Roubini, N. and Swagel, P. (1996). Political Instability and Economic Growth. Journal of Economic Growth, 1, 189-211.
  • Alp, İ. A. (2013). Economic Effects of Terrorism. Journal of International Security and Terrorism 4 (1), 1-19. Barro, R. J. (1991). Economic Growth in a Cross Section of Countries. Quarterly Journal of Economics, 106, 407-443.
  • Becker, G. and Murphy, K. (2001, Ekim 29). Prosperity Will Rise Out of the Ashes. http://online.wsj.com/article/ Retrieved 18.11.2013,. adresinden alındı.
  • Blomberg, B., Hess, G. and Weerapana, A. (2004). Economic Conditions And Terrorism. European Journal of Political Economy, 463-478.
  • Blomberg, S. and Sheppard, S. (2007). The Impacts of Terrorism on Urban Form. Brookings-Wharton Papers on Urban Affairs, 257-290.
  • Brück, T. and Wickström, B. A. (2004). The Economic Consequences of Terror: A Brief Survey (No. 03). Households in Conflict Network.
  • Çetinkaya, İ. (2010). Possible Effects of Economic and Political Factors on International Terrorism. Adnan Menderes University Social Sciences Institute Economics Department Unpublished Master Thesis. Aydin, Turkey.
  • Das, S. and Lahiri, S. (2006). A Strategic Analysis of Terrorist Activity and Counter-Terrorism Policies. Topics in Theoretical Economics, Volume 6, Issue 1, Article 6.
  • Eckstein, Z. and Tsiddon, D. (2004). Macroeconomic Consequences Terror: Theory and the Case of Israel. Journal of Monetary Economics, 51, 971-1002.
  • Enders, W., Adolfo, S. and Sandler, T. (2006). The Impact of Transnational Terrorism on US Foreign Direct Investment. Political Research Quarterly, 59 (4), 517-531.
  • Frey, B., Luechinger, S. and Stutzer, A. (2007). Calculating Tragedy: Assessing the Costs of Terrorism. Journal of Economic Surveys, (21).
  • Giray, F. (2004). Defense Spending and Economic Growth. Cumhuriyet University, Journal of Economics and Administrative Sciences, C.5, 181-196.
  • Gordon, P., James E., M., Qisheng, P. and Harry, W. (2005). The Economic Impant of a Terrorist Attack on the Twin Ports of Los Angeles- Long Beach.
  • Gökbunar, R. and Gökbunar, A. (2010). Terrorism. Istanbul: Beta Publications.
  • Gupta, S., Celements, B. and Bhattacharya, R. (2004). Fiscal Consequences of Armed Conflict and Terrorism in Low and Middle-Income Countries. European Journal of Political Economy, Vol.20.
  • Gül, T. (2012). Terror and Terrorism. İstanbul: Ark Books.
  • Gür, L. (2014). The Effect of Terrorism on Economy and Economic Growth. Unpublished Master Thesis. Ankara, Turkey: Military Academy Defense Science Institute Security Management Department.
  • Johnston, R. B. (2005). The Impact of Terrorism on Financial Markets,. IMF Working Paper.
  • Kalb, D. (2000). The Ends of Globalization, Bringing Society Back In USA. USA: RowmanandLittlefield Pıblishers Inc.
  • Koh, T. H. (2007). Terrorism and its Impact on Economic Growth and Technological Innovation. Technological Forecasting and Social Change, Vol: 74.
  • Krugman, P. (2004). "The Costs of Terrorism: What Do We Know", The Nexus of Terrorism and WMDs: Developing a Consensus, How Could a Leaders' Level G20 Make a Difference? December 12-24, Princeton University.
  • Larobina, M. and Pate, R. (2009). Impact of Terrorism on Business. The Journal of Global Business Issues 3(1), 147-155.
  • Lenain, P., Bonturi, M. and Koen, V. (2002). The Economic Consequences of Terrorism. Workıng Paper No.334, Economics Department, OECD, Paris.
  • Llussa, F. and Tavares, J. (2011). “Which Terror at Which Cost? On the Economic Consequences of Terrorist Attacks. Economics Letters, 110(1), 52-55.
  • Nitsch, V. and Schumacher, D. (2003). Terrorism and Trade. Berlin: German Institute for Economic Research.
  • Öztürk, S. and Çelik, K. (2009). The Effects of Terrorism on the Turkish Economy. Alanya Management Faculty Journal, 85-106.
  • Peçe, M. A. (2013). Economic Effects of Terror: An Investigation on the Middle East. Unpublished Master Thesis. Bilecik, Turkey: Bilecik Sheikh Edebali University Institute of Social Sciences Department of Economics.
  • Rathbone, A. and Rowley, C. (2001). Terrorism. Public Choice, Vol: 112.
  • Rodrik, D. (1999). Where Did All the Growth Go?: External Shocks, Social Conflict and Growth Collapses. Journal of Economic Growth, 4, 385-412.
  • Sandler, T. and Enders, W. (2002). An Economic Perspective on Transnational Terrorism. European Journal of Political Economy, 20(2), 301-316.
  • Schneir, F., Brück, T. and Meierrieks, D. (2009). The Economics of Terrorism and Counter Terrorism:A Survey, http://www.aeaweb.org/aea/conference/program/Retrieve.php?pdfid=235>. adresinden alındı.
  • Tavares, J. (2004). The Open Society Assesses İts Enemies:Shocks, Disasters And Terrorist Attacks. Journal of Monetary Economics, 1039-1070.
  • Venieris, Y. and Gupta, D. (1986). “Income Distribution and Sociopolitical Instability as Determinants of Savings: A Cross-Sectional Model. Journal of Political Economy, 94, 873-883.

The Relationship Between Terrorism and Financial Structure

Year 2017, Volume: 5 Issue: 1, 9 - 19, 01.06.2017

Abstract

The increase in national and international terrorist activities and the measures taken against them have
led to a close analysis of the economic effects of terrorism. Terrorism causes significant changes in the basic
building blocks of the national and world economy by influencing the activities, behaviors and expectations of
economic units. Terror affects the development and growth of countries negatively. If there is inequality in
income distribution in a country, if the education and health services of the country are not widespread, it is not
possible to talk about the national income in that country even if it shows an increase. The most important
element for development and growth is the environment of trust and peace. In an environment where people do
not feel safe, economic activities will not be at the desired level.

Today, along with globalization, terrorism brings social and economic consequences. As a result of
these consequences, serious damages occur in financial systems and national economies. For this reason, our
study examines the relationship between terrorism and the financial structure and attempts to analyze the effects
of terrorism on economic growth and the effects on the financial structure.

References

  • Abadie, A.and Gardeazabal, J. (2003). The Economic Costs Of Conflict A Case Study Of The Basque Country. American Economic Review, 113-132.
  • Abadie, A.,and Gardeazabal, J. (2008). Terrorism and The World Economy. European Economic Review 52(1), 1-7.
  • Ağır, H. and Kar, M. (2010). An Assessment of Macroeconomic Consequences of Terrorism. Journal of Political and Economic Interpretations of Finance, 13-32.
  • Ağırman, E., Özcan, M. and Yılmaz, Ö. (2014). The Impact of Terrorism on Financial Markets: An Empirical Study. Journal of BRSA Banking and Financial Markets, 8(2), 99-117.
  • Akıncı, M., Akıncı, G. and Yılmaz, Ö. (2015). The Impact of Tourism on Direct and Indirect Investments: How Much Compensation Is External Aid? Ankara University SBF Magazine, 1-33.
  • Alesina, A., and Perotti, R. (1996). Income Distribution, Political Instability and Investment. European Economic Review 40, 1203-28.
  • Alesina, A., Özler, S., Roubini, N. and Swagel, P. (1996). Political Instability and Economic Growth. Journal of Economic Growth, 1, 189-211.
  • Alp, İ. A. (2013). Economic Effects of Terrorism. Journal of International Security and Terrorism 4 (1), 1-19. Barro, R. J. (1991). Economic Growth in a Cross Section of Countries. Quarterly Journal of Economics, 106, 407-443.
  • Becker, G. and Murphy, K. (2001, Ekim 29). Prosperity Will Rise Out of the Ashes. http://online.wsj.com/article/ Retrieved 18.11.2013,. adresinden alındı.
  • Blomberg, B., Hess, G. and Weerapana, A. (2004). Economic Conditions And Terrorism. European Journal of Political Economy, 463-478.
  • Blomberg, S. and Sheppard, S. (2007). The Impacts of Terrorism on Urban Form. Brookings-Wharton Papers on Urban Affairs, 257-290.
  • Brück, T. and Wickström, B. A. (2004). The Economic Consequences of Terror: A Brief Survey (No. 03). Households in Conflict Network.
  • Çetinkaya, İ. (2010). Possible Effects of Economic and Political Factors on International Terrorism. Adnan Menderes University Social Sciences Institute Economics Department Unpublished Master Thesis. Aydin, Turkey.
  • Das, S. and Lahiri, S. (2006). A Strategic Analysis of Terrorist Activity and Counter-Terrorism Policies. Topics in Theoretical Economics, Volume 6, Issue 1, Article 6.
  • Eckstein, Z. and Tsiddon, D. (2004). Macroeconomic Consequences Terror: Theory and the Case of Israel. Journal of Monetary Economics, 51, 971-1002.
  • Enders, W., Adolfo, S. and Sandler, T. (2006). The Impact of Transnational Terrorism on US Foreign Direct Investment. Political Research Quarterly, 59 (4), 517-531.
  • Frey, B., Luechinger, S. and Stutzer, A. (2007). Calculating Tragedy: Assessing the Costs of Terrorism. Journal of Economic Surveys, (21).
  • Giray, F. (2004). Defense Spending and Economic Growth. Cumhuriyet University, Journal of Economics and Administrative Sciences, C.5, 181-196.
  • Gordon, P., James E., M., Qisheng, P. and Harry, W. (2005). The Economic Impant of a Terrorist Attack on the Twin Ports of Los Angeles- Long Beach.
  • Gökbunar, R. and Gökbunar, A. (2010). Terrorism. Istanbul: Beta Publications.
  • Gupta, S., Celements, B. and Bhattacharya, R. (2004). Fiscal Consequences of Armed Conflict and Terrorism in Low and Middle-Income Countries. European Journal of Political Economy, Vol.20.
  • Gül, T. (2012). Terror and Terrorism. İstanbul: Ark Books.
  • Gür, L. (2014). The Effect of Terrorism on Economy and Economic Growth. Unpublished Master Thesis. Ankara, Turkey: Military Academy Defense Science Institute Security Management Department.
  • Johnston, R. B. (2005). The Impact of Terrorism on Financial Markets,. IMF Working Paper.
  • Kalb, D. (2000). The Ends of Globalization, Bringing Society Back In USA. USA: RowmanandLittlefield Pıblishers Inc.
  • Koh, T. H. (2007). Terrorism and its Impact on Economic Growth and Technological Innovation. Technological Forecasting and Social Change, Vol: 74.
  • Krugman, P. (2004). "The Costs of Terrorism: What Do We Know", The Nexus of Terrorism and WMDs: Developing a Consensus, How Could a Leaders' Level G20 Make a Difference? December 12-24, Princeton University.
  • Larobina, M. and Pate, R. (2009). Impact of Terrorism on Business. The Journal of Global Business Issues 3(1), 147-155.
  • Lenain, P., Bonturi, M. and Koen, V. (2002). The Economic Consequences of Terrorism. Workıng Paper No.334, Economics Department, OECD, Paris.
  • Llussa, F. and Tavares, J. (2011). “Which Terror at Which Cost? On the Economic Consequences of Terrorist Attacks. Economics Letters, 110(1), 52-55.
  • Nitsch, V. and Schumacher, D. (2003). Terrorism and Trade. Berlin: German Institute for Economic Research.
  • Öztürk, S. and Çelik, K. (2009). The Effects of Terrorism on the Turkish Economy. Alanya Management Faculty Journal, 85-106.
  • Peçe, M. A. (2013). Economic Effects of Terror: An Investigation on the Middle East. Unpublished Master Thesis. Bilecik, Turkey: Bilecik Sheikh Edebali University Institute of Social Sciences Department of Economics.
  • Rathbone, A. and Rowley, C. (2001). Terrorism. Public Choice, Vol: 112.
  • Rodrik, D. (1999). Where Did All the Growth Go?: External Shocks, Social Conflict and Growth Collapses. Journal of Economic Growth, 4, 385-412.
  • Sandler, T. and Enders, W. (2002). An Economic Perspective on Transnational Terrorism. European Journal of Political Economy, 20(2), 301-316.
  • Schneir, F., Brück, T. and Meierrieks, D. (2009). The Economics of Terrorism and Counter Terrorism:A Survey, http://www.aeaweb.org/aea/conference/program/Retrieve.php?pdfid=235>. adresinden alındı.
  • Tavares, J. (2004). The Open Society Assesses İts Enemies:Shocks, Disasters And Terrorist Attacks. Journal of Monetary Economics, 1039-1070.
  • Venieris, Y. and Gupta, D. (1986). “Income Distribution and Sociopolitical Instability as Determinants of Savings: A Cross-Sectional Model. Journal of Political Economy, 94, 873-883.
There are 39 citations in total.

Details

Subjects Economics, Business Administration
Journal Section Articles
Authors

Yavuz Özkaya This is me

Türker Şimşek

Publication Date June 1, 2017
Acceptance Date April 30, 2017
Published in Issue Year 2017 Volume: 5 Issue: 1

Cite

APA Özkaya, Y., & Şimşek, T. (2017). The Relationship Between Terrorism and Financial Structure. Journal of International Management Educational and Economics Perspectives, 5(1), 9-19.
AMA Özkaya Y, Şimşek T. The Relationship Between Terrorism and Financial Structure. Journal of International Management Educational and Economics Perspectives. June 2017;5(1):9-19.
Chicago Özkaya, Yavuz, and Türker Şimşek. “The Relationship Between Terrorism and Financial Structure”. Journal of International Management Educational and Economics Perspectives 5, no. 1 (June 2017): 9-19.
EndNote Özkaya Y, Şimşek T (June 1, 2017) The Relationship Between Terrorism and Financial Structure. Journal of International Management Educational and Economics Perspectives 5 1 9–19.
IEEE Y. Özkaya and T. Şimşek, “The Relationship Between Terrorism and Financial Structure”, Journal of International Management Educational and Economics Perspectives, vol. 5, no. 1, pp. 9–19, 2017.
ISNAD Özkaya, Yavuz - Şimşek, Türker. “The Relationship Between Terrorism and Financial Structure”. Journal of International Management Educational and Economics Perspectives 5/1 (June 2017), 9-19.
JAMA Özkaya Y, Şimşek T. The Relationship Between Terrorism and Financial Structure. Journal of International Management Educational and Economics Perspectives. 2017;5:9–19.
MLA Özkaya, Yavuz and Türker Şimşek. “The Relationship Between Terrorism and Financial Structure”. Journal of International Management Educational and Economics Perspectives, vol. 5, no. 1, 2017, pp. 9-19.
Vancouver Özkaya Y, Şimşek T. The Relationship Between Terrorism and Financial Structure. Journal of International Management Educational and Economics Perspectives. 2017;5(1):9-19.