Policies to Improve Turkey's Resilience to Financial Market Shocks:
Since the crisis of 2001, an impressive package of fiscal consolidation and institutional reform has created a strong foundation for economic growth. As a result, GDP growth has been strong and stable, inflation has fallen, and the public debt burden has been significantly reduced. Yet the current a...
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Format: | Elektronisch E-Book |
Sprache: | English |
Veröffentlicht: |
Paris
OECD Publishing
2006
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Schriftenreihe: | OECD Economics Department Working Papers
no.528 |
Schlagworte: | |
Online-Zugang: | Volltext |
Zusammenfassung: | Since the crisis of 2001, an impressive package of fiscal consolidation and institutional reform has created a strong foundation for economic growth. As a result, GDP growth has been strong and stable, inflation has fallen, and the public debt burden has been significantly reduced. Yet the current account deficit is large, exchange rate movements have been volatile, and the recent increase in inflation and rising levels of private sector external debt draw attention to Turkey?s vulnerabilities and to the need for additional policies to contain risks. This paper summarises the vulnerabilities of the Turkish economy and the steps that can be taken to improve macroeconomic resilience to shocks. This Working Paper relates to the 2006 Economic Survey of Turkey (www.oecd.org/eco/surveys/turkey). |
Beschreibung: | 1 Online-Ressource (45 p.) 21 x 29.7cm. |
DOI: | 10.1787/365034647173 |
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spelling | Brook, Anne-Marie VerfasserIn aut Policies to Improve Turkey's Resilience to Financial Market Shocks Anne-Marie, Brook = Les politiques pour renforcer la résilience de la Turquie aux chocs émanant des marchés financiers / Anne-Marie, Brook Les politiques pour renforcer la résilience de la Turquie aux chocs émanant des marchés financiers Paris OECD Publishing 2006 1 Online-Ressource (45 p.) 21 x 29.7cm. Text txt rdacontent Computermedien c rdamedia Online-Ressource cr rdacarrier OECD Economics Department Working Papers no.528 Since the crisis of 2001, an impressive package of fiscal consolidation and institutional reform has created a strong foundation for economic growth. As a result, GDP growth has been strong and stable, inflation has fallen, and the public debt burden has been significantly reduced. Yet the current account deficit is large, exchange rate movements have been volatile, and the recent increase in inflation and rising levels of private sector external debt draw attention to Turkey?s vulnerabilities and to the need for additional policies to contain risks. This paper summarises the vulnerabilities of the Turkish economy and the steps that can be taken to improve macroeconomic resilience to shocks. This Working Paper relates to the 2006 Economic Survey of Turkey (www.oecd.org/eco/surveys/turkey). Economics Türkiye FWS01 ZDB-13-SOC FWS_PDA_SOC https://doi.org/10.1787/365034647173 Volltext |
spellingShingle | Brook, Anne-Marie Policies to Improve Turkey's Resilience to Financial Market Shocks Economics Türkiye |
title | Policies to Improve Turkey's Resilience to Financial Market Shocks |
title_alt | Les politiques pour renforcer la résilience de la Turquie aux chocs émanant des marchés financiers |
title_auth | Policies to Improve Turkey's Resilience to Financial Market Shocks |
title_exact_search | Policies to Improve Turkey's Resilience to Financial Market Shocks |
title_full | Policies to Improve Turkey's Resilience to Financial Market Shocks Anne-Marie, Brook = Les politiques pour renforcer la résilience de la Turquie aux chocs émanant des marchés financiers / Anne-Marie, Brook |
title_fullStr | Policies to Improve Turkey's Resilience to Financial Market Shocks Anne-Marie, Brook = Les politiques pour renforcer la résilience de la Turquie aux chocs émanant des marchés financiers / Anne-Marie, Brook |
title_full_unstemmed | Policies to Improve Turkey's Resilience to Financial Market Shocks Anne-Marie, Brook = Les politiques pour renforcer la résilience de la Turquie aux chocs émanant des marchés financiers / Anne-Marie, Brook |
title_short | Policies to Improve Turkey's Resilience to Financial Market Shocks |
title_sort | policies to improve turkey s resilience to financial market shocks |
topic | Economics Türkiye |
topic_facet | Economics Türkiye |
url | https://doi.org/10.1787/365034647173 |
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