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Turkey : Selected Issues.

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Format:
Book
Government document
Author/Creator:
International Monetary Fund. European Department.
Contributor:
International Monetary Fund.
Series:
IMF Staff Country Reports; Country Report ; No. 2012/339
IMF Staff Country Reports
Language:
English
Subjects (All):
Economic development--Turkey.
Economic development.
Turkey--Economic conditions.
Turkey.
Physical Description:
1 online resource (50 p.)
Place of Publication:
Washington, D.C. : International Monetary Fund, 2012.
Language Note:
English
Summary:
This Selected Issues paper on Turkey discusses the new monetary framework adopted by the Central Bank of Republic of Turkey (CBRT). Instead of relying on one interest rate as inflation-targeting, the CBRT resorted to raising it as inflation pressures intensify and lowering it as they abate. The first version of the framework does not seem to have achieved significant reduction in external and internal imbalances, but the second version of the framework has witnessed an unwinding of imbalances.
Contents:
Cover; Contents; I. Turkey's New Monetary Framework; A. Introduction; B. The New Framework; C. Evaluating the New Framework; D. Was There an Alternative?; E. Conclusions; Figures; CBRT's New Framework; How Successful was the CBRT?; II. Turkey's Current Account Rebalancing: Cyclical or Structural?; Figure; 1. Turkey's Current Account Deficit and Its Determinants; Table; 1. Turkey Current Account Adjustment Dynamics; III. Macroprudential Framework and Policies in Turkey; A. Background; B. MPP Framework and Literature; C. Turkey's MPP Measures and Framework; D. Expanding the Tool Kit
E. ConclusionReferences; Figure; 1. Financial and Corporate Sectors; Annexes; 1. Main Crisis-Related Measures in 2008/2009; 2. Recent Macroprudential Measures; 3. MPP Instruments and Intensity of Use; IV. Boosting Savings In Turkey; A. The Issues; B. Policy Options; C. Concluding Remarks; References
Notes:
"December 2012."
Includes bibliographical references.
Description based on print version record.
ISBN:
9781475537505
1475537506
9781616358976
1616358971
9781299264861
1299264867
9781475565263
1475565267

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