fundamentals. The main risk for Turkey remains a capital flows reversal, associated with monetary policy normalization in advance …

This Selected Issues paper on Turkey discusses the new monetary framework adopted by the Central Bank of Republic of … Turkey (CBRT). Instead of relying on one interest rate as inflation-targeting, the CBRT resorted to raising it as inflation …

This Selected Issues paper examines the external imbalance situation in Turkey. Turkey’s current account deficit is …

This report for the 2012 Article IV Consultation with Turkey discusses the macroeconomic conditions after the 2008 …

This Selected Issues paper analyzes the capital flows in Turkey. The empirical analysis in this paper uses exchange … market pressure index to identify the determinants of capital flows to Turkey. It is observed that exchange market pressures … in Turkey seem to a degree, larger than in other emerging economies, and to be linked to risk factors, both global and …

Although Turkey’s economic performance has been strong, growing external imbalances exposed the country to a reversal …

This paper examines Turkey’s Seventh Review Under the Stand-By Arrangement, and Requests for Waiver of Applicability …

This paper assesses Turkey’s Tenth Review Under the Stand-By Arrangement (SBA). The IMF supports Turkey’s economic …