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and cause fear of floating. Consequently, dedollarization policies are now shifting from a generally passive stance … composite financial dollarization index for Turkey along with a brief discussion of corporate sector debt dollarization. The … recent Turkish experience towards endogenous dedollarization appears to be consistent with the view that dedollarization can …
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The Turkish current account has been exploding in the last few years leading to concerns of a crisis. One of the primary factors identified in the rising deficits is the appreciating lira. In addition, income elasticity of exports and imports can also shed light on continuing trade deficits. In...
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