DETERMINANTS OF CURRENT ACCOUNT DEFICIT AND ECONOMY POLICIES PRACTICES FOR CURRENT ACCOUNT DEFICIT IN TURKISH ECONOMY
In last years with the impact of rapid globalization and financiallisation current account deficit became a major problem for Turkish economy. Hence, many studies have been conducted foreseeing for policy recommendations and precautions against the current deficit. In this study, by considering d...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Sada Institute of Art and Language Studies
2017-03-01
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| Series: | Ulakbilge: Sosyal Bilimler Dergisi |
| Subjects: | |
| Online Access: | http://www.ulakbilge.com/makale/pdf/1488549629.pdf |
| Summary: | In last years with the impact of rapid globalization and financiallisation
current account deficit became a major problem for Turkish economy. Hence, many
studies have been conducted foreseeing for policy recommendations and precautions
against the current deficit. In this study, by considering determinants of current
account deficit and implemented policies, it is intended to provide policy
recommendations for closing the deficit. As part of this goal, the determinants of
current account deficit and impacts of the determinantsa re discussed. Also, by
mentioning monetary and fiscal policies during the period 2003-2015 overall
assessment of the policies and a set of policiy recommendations for the next periods
were presented. The most important result achieved by the study is applying discussed
structural reforms in able to have quick progress in dealing with the current account
deficit would have a great effect.
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| ISSN: | 2148-0451 2148-0451 |