摘要：International economic system displays a rapid changing process in which new trends occurred. The remarkable development in this process is globalization. In the recent years economic globalization has mostly been observed in financial markets. The globalization process entails some positive and negative impacts on Turkey economy. In this study we tried to examine the current statue of Turkey economy. In addition, we reviewed the advantages and disadvantages brought by economic crisis for developing countries, in the light of recent developments in the world economy.
