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The economic recovery in CESEE has strengthened further in recent months, resulting in a number of additional upgrades to our growth forecasts for 2021, to 5.4% on the regional average. This good performance has been built on two important foundation stones: the adaptation of the CESEE economies...
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Georgia) and Turkey as well. Stabilization policy of these countries experiences that governments combine keynesian … discretionary policy and classical rules. The so-called economic stabilization programs for Russia, Georgia and Turkey sponsored by … did not take into consideration all peculates of post-communist economies. Most successful this program was in Turkey that …
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a monetary conditions index (MCI) for Turkey based on the weighted sum approach covering the period of 1986 …
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