Yönetim ve Ekonomi (Mar 2019)
Finansal Krizler Sonrası Uygulanan Regülasyonlar ve Etkinliği(Regulations and Efficiency After Financial Crisis)
Abstract
Having a well functioning system in terms of financial markets is an important indicator of the development of a country's economy. Designing a financial system that is resistant to financial crises and ensuring financial stability are indispensable policies of all countries' economies. However, it is very unlikely to be able to provide this both on a country basis and globally. The purpose of this study is to discuss the major financial crises and the effectiveness of the financial regulations applied after 1990. The effectiveness of financial regulations has a direct impact on the performance of the financial system, given the very frequent financial crises. The financial system is very important for the real economy. As a result of these implementations aimed at ensuring financial stability and competition, the level of success in preventing financial crises has been insufficient and has not been properly managed. As a result of the study, it became clear that financial regulations could be used as a kind of stabilizer during the financial crises. Financial regulations should be effectively used to stabilize excessive price fluctuations in the financial markets, thus preventing financial crises before they occur, or to minimize impacts after they have emerged
