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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
Turkey. The main finding is that there is absolute convergence in productivities across the provinces of Turkey. The …
Persistent link: https://www.econbiz.de/10005207719
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 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
The Hudson-Jorgenson Energy/Economic Model - formally known as the Long Term Interindustry Transactions Model (LITM) - is an econometric model of the structure of the US economy. LITM integrates two separate models into one integrated system. These models are the Macroeconomic Model, a growth...
Persistent link: https://www.econbiz.de/10009435835
The Department of Energy's (DOE) Small Business Program is characterized by its diligent involvement in the procurement process to enhance participation by small businesses, small disadvantaged businesses, labor surplus area firms, and women-owned businesses. The DOE's primary means of securing...
Persistent link: https://www.econbiz.de/10009435994
This paper first brings together aggregate data from the 20 Italian regions, concerning the dynamics of Total Factor Productivity (TFP) over twenty years, and then investigates the relationship between the observed variance in TFP evolution and the level of knowledge capital, both private and...
Persistent link: https://www.econbiz.de/10010883850
This paper examines the implications of an environmental policy for growth performances. We develop a model where growth is driven by human capital accumulation. Firms invest in research to develop new technologies to reduce their pollution emissions and education is treated as product which not...
Persistent link: https://www.econbiz.de/10010944743
Disclosed authors' approach to the systematization of economic growth and development of national economy.
Persistent link: https://www.econbiz.de/10011214351