Turkey : Selected Issues.

This Selected Issues paper examines the external imbalance situation in Turkey. Turkey's current account deficit is expected to remain elevated at about 5.5 to 6 percent of GDP through 2019. Reducing the deficit to a more sustainable level about 2.5 to 3 percent of GDP should be a key policy pr...

Ausführliche Beschreibung

Bibliographische Detailangaben
Körperschaft: International Monetary Fund. European Dept
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 2014.
Schriftenreihe:IMF Staff Country Reports; Country Report ; No. 2014/330
Online Zugang:Full text available on IMF
Beschreibung
Zusammenfassung:This Selected Issues paper examines the external imbalance situation in Turkey. Turkey's current account deficit is expected to remain elevated at about 5.5 to 6 percent of GDP through 2019. Reducing the deficit to a more sustainable level about 2.5 to 3 percent of GDP should be a key policy priority. Applying the Global Integrated Monetary and Fiscal Model, the paper quantifies the impact of four different approaches in reducing the current account deficit. The analysis shows that policies that directly increase private or public savings can reduce the external imbalance without reducing private investment and that they have relatively modest negative growth implications.
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Beschreibung:1 online resource (38 pages)
Format:Mode of access: Internet
ISSN:1934-7685
Zugangseinschränkungen:Electronic access restricted to authorized BRAC University faculty, staff and students