DETERMINANTS OF CURRENT ACCOUNT DEFICIT AND ECONOMY POLICIES PRACTICES FOR CURRENT ACCOUNT DEFICIT IN TURKISH ECONOMY Cover Image

TÜRKİYE EKONOMİSİNDE CARİ AÇIĞIN BELİRLEYİCİLERİ VE CARİ AÇIĞA YÖNELİK POLİTİKA UYGULAMALARI
DETERMINANTS OF CURRENT ACCOUNT DEFICIT AND ECONOMY POLICIES PRACTICES FOR CURRENT ACCOUNT DEFICIT IN TURKISH ECONOMY

Author(s): Meltem ERDOĞAN, Veysel Karagöl
Subject(s): National Economy, Economic policy, Government/Political systems, Financial Markets, Fiscal Politics / Budgeting
Published by: Sanat ve Dil Araştırmaları Enstitüsü
Keywords: Current Account Deficit; Determinants of Current Account Deficit; Monetary Policies; Fiscal Policies;

Summary/Abstract: In last years with the impact of rapid globalization and financiallisation current account deficit became a major problem for Turkish economy. Hence, many studies have been conducted foreseeing for policy recommendations and precautions against the current deficit. In this study, by considering determinants of current account deficit and implemented policies, it is intended to provide policy recommendations for closing the deficit. As part of this goal, the determinants of current account deficit and impacts of the determinants are discussed. Also, by mentioning monetary and fiscal policies during the period 2003-2015 overall assessment of the policies and a set of policy recommendations for the next periods were presented. The most important result achieved by the study is applying discussed structural reforms in able to have quick progress in dealing with the current account deficit would have a great effect.

  • Issue Year: 5/2017
  • Issue No: 10
  • Page Range: 353-381
  • Page Count: 29
  • Language: Turkish