Turkey : Selected Issues

1TUREA2007005 Image
Price:  $18.00

Release Date: © November, 2007
ISBN : 978-1-45183-823-7
Stock #: 1TUREA2007005
English
Stock Status: On back-order

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Description

This Selected Issues paper on Turkey reviews a decline in private saving and adoption of a fiscal rule. As economic confidence has improved, capital inflows have surged while private saving has fallen. Together, these developments have produced current account deficits and a strong lira, raising concerns that Turkey may be exposed to sudden reversals in investor sentiment. A fiscal rule with appropriate mechanisms to monitor its compliance should deliver predictable policies, thus allowing further reductions in debt and risk premiums, thereby contributing to macroeconomic stability.

Taxonomy

Economic policy , Fiscal policy , Inflation , Monetary policy




More publications in this series: IMF Staff Country Reports