Year 2019, Volume 18, Issue 2, Pages 662 - 673 2019-04-01

Uluslararası Yaptırımların Dış Borçlar Üzerine Etkileri
The Effects of International Sanctions on External Debt

Atakan Durmaz [1] , Ömer Akkuş [2]

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Bu çalışmada, Amerika Birleşik Devletleri (ABD) ve çokuluslu kurumlar (Avrupa Birliği (AB) ve Birleşmiş Milletler (BM)) tarafından uygulanan uluslararası yaptırımların az gelişmiş ve gelişmekte olan ülkelerin dış borçlarına etkileri ampirik olarak değerlendirilmiştir. Bu kapsamda,  uluslararası yaptırım uygulanan 44 ülkeye ait 1976-2014 dönemini kapsayan veriler kullanılmıştır. Elde edilen sonuçlara göre yaptırımlar, hedef ülkenin dış borcunu önemli ölçüde artırmaktadır. Ayrıca, hedeflenen ülkelerin bu yaptırımlara karşı devlet harcamalarını artırması halinde, bu yaptırımların dış borçlanmayı arttırma eğiliminin yaptırım dönemlerinde daha düşük olduğu görülmektedir. Bunlara ek olarak, hedeflenen ülkelerde rejimin türünün dış borçlara etkisi, hükümet harcamalarının durumuna göre değişmektedir.

In this study, the effects of international sanctions imposed by the United States (US) and multinational institutions (European Union (EU) and the United Nations (UN)) on the external debts of less developed or/and developing countries are empirically assessed. Our sample includes 44 countries experienced international sanctions over the period 1976-2014. According to the results, the sanctions significantly increase the external debt of the target country. Moreover, if the targeted countries increase government expenditures against these sanctions, it is seen that the tendency of these sanctions to increase external debt is lower in sanctioned periods. Adding to these, the effect of the type of regime in targeted countries on external debt varies according to the state of government expenditures. 

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Primary Language en
Subjects Management
Journal Section Economics
Authors

Orcid: 0000-0003-0374-9757
Author: Atakan Durmaz (Primary Author)
Institution: BAYBURT ÜNİVERSİTESİ, İKTİSADİ VE İDARİ BİLİMLER FAKÜLTESİ
Country: Turkey


Orcid: 0000-0003-4738-2694
Author: Ömer Akkuş
Institution: GÜMÜŞHANE ÜNİVERSİTESİ, GÜMÜŞHANE İKTİSADİ VE İDARİ BİLİMLER FAKÜLTESİ
Country: Turkey


Bibtex @research article { jss486523, journal = {Gaziantep University Journal of Social Sciences}, issn = {1303-0094}, eissn = {2149-5459}, address = {Gaziantep University}, year = {2019}, volume = {18}, pages = {662 - 673}, doi = {10.21547/jss.486523}, title = {The Effects of International Sanctions on External Debt}, key = {cite}, author = {Durmaz, Atakan and Akkuş, Ömer} }
APA Durmaz, A , Akkuş, Ö . (2019). The Effects of International Sanctions on External Debt. Gaziantep University Journal of Social Sciences, 18 (2), 662-673. DOI: 10.21547/jss.486523
MLA Durmaz, A , Akkuş, Ö . "The Effects of International Sanctions on External Debt". Gaziantep University Journal of Social Sciences 18 (2019): 662-673 <http://dergipark.gov.tr/jss/issue/43931/486523>
Chicago Durmaz, A , Akkuş, Ö . "The Effects of International Sanctions on External Debt". Gaziantep University Journal of Social Sciences 18 (2019): 662-673
RIS TY - JOUR T1 - The Effects of International Sanctions on External Debt AU - Atakan Durmaz , Ömer Akkuş Y1 - 2019 PY - 2019 N1 - doi: 10.21547/jss.486523 DO - 10.21547/jss.486523 T2 - Gaziantep University Journal of Social Sciences JF - Journal JO - JOR SP - 662 EP - 673 VL - 18 IS - 2 SN - 1303-0094-2149-5459 M3 - doi: 10.21547/jss.486523 UR - https://doi.org/10.21547/jss.486523 Y2 - 2019 ER -
EndNote %0 Gaziantep University Journal of Social Sciences The Effects of International Sanctions on External Debt %A Atakan Durmaz , Ömer Akkuş %T The Effects of International Sanctions on External Debt %D 2019 %J Gaziantep University Journal of Social Sciences %P 1303-0094-2149-5459 %V 18 %N 2 %R doi: 10.21547/jss.486523 %U 10.21547/jss.486523
ISNAD Durmaz, Atakan , Akkuş, Ömer . "The Effects of International Sanctions on External Debt". Gaziantep University Journal of Social Sciences 18 / 2 (April 2019): 662-673. https://doi.org/10.21547/jss.486523