Effects of economic crises on poverty: An analysis on Turkey within the framework of 2001 feburary crisis

Many rapid developments took place in the world?s economy especially towards the en of nineteenth century and the financial relationships among countries both improved and got more complicated with the mind-blowing developments in electronic, telecominication and computing technologies. As a result of this, in the concept of globalization, nearly all thd worlds economies have become a whole.The concept of economic crises has emerged as a fact that every country should fight in a corparete way with the economical affairs which have been globalized and connected rapidly by means of technology. Although the concept of economic crise is wery old in financial area, especially in recent years, it has been stressed and examined more because it has been affecting lots of developed and developing countries? economies.The poverty, both an economic and social concept, has become a fact which should be solved worldwide and has been affecting the whole worlds socio-economic order; with which the countries that are developing and becoming more technological, als living a lot of economic crises and feeling the signals of this danger have to struggle collectively. Despite the fact that defining, framing and measuring the poverty in the world is difficult, particularly during the economic crises, as a problem in the countries? economic and social atructures, it is an issue which must be resolved or al lesast be fought to decrease.In this context, in Turkey?s economy which has been substantially changing especially since 1980?s, there have been so much crises because of both internal and external effects. The examination and revelation of the 2001 Feburary Crisis and the impacts of it on poverty and poor people, which is one of the most crucial and most devastating ones, will be useful for determining the framework of economic and social policies that will be made up for probable crises.