In this study, the course of Turkish budget and current account balances and the relationship between budget deficits and current account deficits are investigated for the 2001-2013 period.
📌 3 Key Takeaways
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Objective & Hypothesis:The imbalances seen in budget and current account are accepted as one of the most significant indicators of macroeconomic instabilities.While experiencing high budget deficits and current account deficits simultaneously is defined as Twin Deficit increase in current accountdeficits together with the recovery of budget balance is called as Twin Divergence.
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Key Findings & Data:The imbalances seen in budget and current account are accepted as one of the most significant indicators of macroeconomic instabilities.While experiencing high budget deficits and current account deficits simultaneously is defined as Twin Deficit increase in current accountdeficits together with the recovery of budget balance is called as Twin Divergence.
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Conclusion & Impact:In this study, the course of Turkish budget and current account balances and the relationship between budget deficits and current account deficits are investigated for the 2001-2013 period.
🔬Design:Research Article
📍Scope:2001-2013 Verileri
⚙️Variables:Bütçe Açığı · Cari İşlemler Açığı · İkiz Açık
Abstract
The imbalances seen in budget and current account are accepted as one of the most significant indicators of macroeconomic instabilities.While experiencing high budget deficits and current account deficits simultaneously is defined as Twin Deficit increase in current accountdeficits together with the recovery of budget balance is called as Twin Divergence. In this study, the course of Turkish budget and current account balances and the relationship between budget deficits and current account deficits are investigated for the 2001-2013 period.
Özet
Bütçede ve cari işlemler hesabında görülen dengesizlikler, makroekonomik istikrarsızlığın en önemli göstergelerinden biri olarak kabul edilmektedir. Yüksek bütçe ve cari işlemler açıklarının eşanlı olarak görülmesi İkiz Açık (Twin Deficit) olarak tanımlanırken, bütçedeki iyileşmeyle birlikte cari işlemler açığındaki artış İkiz Iraksama (Twin Divergence) olarak adlandırılmaktadır. Bu çalışmada, 2001-2013 arası dönemde Türkiye’de bütçe ve cari işlemler dengesinin seyri ile bütçe açığı ve cari işlemler açığı arasındaki ilişki incelenmektedir.
DOĞAN, S., TUNALI, Ç. B. (2015). THE RELATIONSHIP BETWEEN BUDGET DEFICIT AND CURRENT ACCOUNT DEFICIT IN TURKEY (AN EVALUATION FOR THE POST 2001 CRISIS PERIOD). Maliye Çalışmaları Dergisi, Sayı: 58, 1–26. https://ajindex.com/articles/241687
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