Turkey has moved rapidly from a current account that was relatively in balance up to the turn of the millennia, to … established in Turkey, driven by an expansion of credit to households and rapid gross domestic product growth, coupled with … current account deficit. The current account balance in Turkey is also found to be less persistent than is typically found in …

Purpose: This study aims to examine the sustainability of the current account deficit in Turkey for the quarterly data … in Turkey’s economy. Design/methodology/approach: The dynamics related to the sustainability of the current account … 1, implying that Turkey has a weak form of current account deficit sustainability. Findings of the Vector Error …