Fiscal Transformation in Turkey over the Last Two Decades
Fiscal Transformation in Turkey over the Last Two Decades:

Turkey has made significant progress over the last two decades regarding fiscal consolidation and a strong reform of fiscal policy. The highly fragile country of the 1990s, whose primary fiscal concern was to sustain its public finances in the short term, has become a successful transition model. No...

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Bibliographic Details
Main Author: Kaya, Fatih (Author)
Other Authors: Yýlar, Selihan (Contributor)
Format: Electronic Book Chapter
Language:English
Published: Paris OECD Publishing 2011
Subjects:
Finance and Investment
Governance
Turkey
Online Access:DE-384
DE-473
DE-824
DE-29
DE-739
DE-355
DE-20
DE-1028
DE-1049
DE-521
DE-861
DE-898
DE-92
DE-91
DE-573
DE-19
Volltext
Summary:Turkey has made significant progress over the last two decades regarding fiscal consolidation and a strong reform of fiscal policy. The highly fragile country of the 1990s, whose primary fiscal concern was to sustain its public finances in the short term, has become a successful transition model. Now the authorities are discussing the adoption of fiscal rules as a new anchor in public finances. A draft Fiscal Rule Law was prepared and submitted to the parliament in 2010. This article examines the fiscal policy framework of Turkey in the 1990s and 2000s and its striking economic and social consequences. The article also examines the attempts to adopt fiscal rules for Turkey
Physical Description:1 Online-Ressource (16 Seiten) 21 x 28cm
DOI:10.1787/budget-11-5kggc0zr42g6

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