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This 2013 Article IV Consultation highlights that the Turkish economy achieved a welcome reduction of imbalances in 2012. In 2013, growth has accelerated significantly on the back of a monetary and fiscal policy stimulus. The economy is projected to expand by 3.8 percent this year, with private...
Persistent link: https://www.econbiz.de/10011244217
fundamentals. The main risk for Turkey remains a capital flows reversal, associated with monetary policy normalization in advance …
Persistent link: https://www.econbiz.de/10011244676
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 …
Persistent link: https://www.econbiz.de/10011244904
This Selected Issues paper examines the external imbalance situation in Turkey. Turkey’s current account deficit is …
Persistent link: https://www.econbiz.de/10011245047
-have a significant impact on the level of real interest rates in Turkey. Importantly, fiscal policy variables are shown to … Turkey. …
Persistent link: https://www.econbiz.de/10005248241
This report for the 2012 Article IV Consultation with Turkey discusses the macroeconomic conditions after the 2008 …
Persistent link: https://www.econbiz.de/10011243576
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 …
Persistent link: https://www.econbiz.de/10011244019
This paper reports on progress made on Nicaragua’s National Human Development Plan as of 2010. The operational goal for Nicaragua’s National Human Development Plan is economic growth with increased employment and reduced inequality and poverty. The results for 2007–10...
Persistent link: https://www.econbiz.de/10011244377
This 2007 Article IV Consultation highlights that Malta’s economic recovery is gaining traction, owing in large part to cyclical strength and some structural change. A public investment boom, financed largely by grants from the European Union, reignited growth in 2005. A modest recovery...
Persistent link: https://www.econbiz.de/10011244380
This Selected Issues paper for Algeria analyzes the potential economic impact of Algeria’s Association Agreement with the European Union (AAEU). The paper lays out the major elements of Algeria’s AAEU and makes a comparison with other AAEUs. It discusses the potential economic...
Persistent link: https://www.econbiz.de/10011244528