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conditions tightened in 2018, Turkey was among the emerging markets that suffered the most. This article analyses the making of … Turkey's economic crisis in 2018-2019, while elaborating the phases of Turkish financialisation. It locates the slow …
Persistent link: https://www.econbiz.de/10012018970
Effective macroeconomic and structural policies helped Turkey bounce back quickly and strongly from the global crisis … healthier funding of the external gap. This Working Paper relates to the 2012 OECD Economic Survey of Turkey (www.oecd.org/eco/surveys/turkey). …
Persistent link: https://www.econbiz.de/10009690909
Turkey recovered swiftly from the global financial crisis but sizeable macroeconomic imbalances arose in the process …
Persistent link: https://www.econbiz.de/10010464946
This paper analyzes the twin crises in Turkey experienced in 2000 and 2001. After a detailed survey of currency crisis … models, together with a brief descriptive overview of the crises in Turkey, the similarities among the twin crises in Turkey …
Persistent link: https://www.econbiz.de/10012760020
The transmission of policy decisions to financial markets is an integral part of the monetary transmission mechanism. However, one of the major problems in estimating the effect of monetary policy on asset prices is the simultaneous response of policy actions and the asset prices to each other....
Persistent link: https://www.econbiz.de/10009157792
The current fiscal imbalances and fragilities in the Southern and Eastern Mediterranean countries (SEMC) are the result of decades of instability, but have become more visible since 2008, when a combination of adverse economic and political shocks (the global and European financial crises, Arab...
Persistent link: https://www.econbiz.de/10013055981
parameters for appraising the evolution of public debt sustainability in Turkey. The data set used for estimation is the longest … for Turkey in the literature. Succinctly speaking, this function quantifies the corrective fiscal efforts exerted to … preserve the stability of public debt. The time-varying estimation findings in this study suggest that the recent fiscal …
Persistent link: https://www.econbiz.de/10014516184
study explores the empirical linkage between banking structure and outreach in Turkey for the period 1988-2010. Bank …-, province-, and bank-province-level estimation results indicate that competition is in general conducive to the outreach of …
Persistent link: https://www.econbiz.de/10013064038
country pair. The results suggest that the higher the macro-financial proximity between Turkey and two major European …
Persistent link: https://www.econbiz.de/10014258232