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policy challenges, sustainability of public finances and EU accession : the case of Turkey -- 4. Monetary policy in the Euro … area : lessons from five years of the ECB and then implications for Turkey -- 5. Monetary policy challenges for Turkey in … sustainability : the case of Turkey -- 10. Macro policy challenges for Turkey : some comments. …
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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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membership and for Slovenia and Croatia. Among the other Balkan economies and Turkey, the ability to follow the policies of the …
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The paper analyzes the relation between monetary uncertainty and government incentives to implement economic reforms that reduce structural distortions and make economies more flexible. It is shown that uncertainty about the central bank's reaction function leads to more reforms. I relate this...
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