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Real convergence, financial markets, and the current account : emerging Europe versus emerging Asia

Herrmann, Sabine; Winkler, Adalbert - 2008

Global financial integration has been associated with divergent patterns of real convergence and the current account in emerging markets. While countries in emerging Asia have been running sizeable current account surpluses, countries in emerging Europe have been facing large current account...

Persistent link: https://www.econbiz.de/10011641238

The role of monetary policy in Turkey during the global financial crisis

Alp, Harun; Elekdaǧ, Selim Ali - 2011

Persistent link: https://www.econbiz.de/10009424807

Bank Lending in Turkey : Effects of Monetary and Fiscal Policies

Aydin, Burcu - 2010

targeting and fiscal discipline in Turkey. This paper studies the impact of monetary and fiscal policies on credit growth during … channel is not strong in Turkey and government finances has limited direct impact on credit …

Persistent link: https://www.econbiz.de/10014397471

The Role of Monetary Policy in Turkey During the Global Financial Crisis

Elekdag, Selim - 2011

Turkey is an interesting case study because it was one of the hardest hit emerging economies by the global financial … fallout from the crisis, the Central Bank of the Republic of Turkey (CBRT) decreased policy rates by an astounding 1025 basis …