Turkey’s macroeconomic policy challenges in the aftermath of the 2018 crisis: A sectoral financial balances analysis

In August 2018, Turkey experienced a major economic crisis when its exchange rate depreciated by around 40 percent in the course of just a few days. This led to a credit bust that soon dragged Turkey into a recession. This paper analysis Turkey’s predicament using the stock-flow consistent sectoral...

Full description

Bibliographic Details
Main Authors: Sashi SIVRAMKRISHNA, Dhruva Teja NANDIPATI
Format: Article
Language:English
Published: General Association of Economists from Romania 2019-12-01
Series:Theoretical and Applied Economics
Subjects:
Online Access: http://store.ectap.ro/articole/1424.pdf