Turkey : Selected Issues

International Monetary Fund. European Dept. (Författare)

ISBN 1498398073, DOI 10.5089/9781498398077.002

International Monetary Fund. European Dept. (Utgivare)

utgivning

Washington, D.C. : International Monetary Fund, 2014

1 online resource (38 p.)

Seriemedlemskap

IMF Staff Country Reports; Country Report · ISSN 1934-7685 · IMF Staff Country Reports; Country Report ; No. 14/330

International Monetary Fund. European Dept

Onlineresurs

Digital resurs · 1 bibliotek

Finns online:

IMF Book Store

kategori

Övernationell (t.ex. EU), Internationell, Ej skönlitteratur

ämne

Consumption, Current Account, Deficit, National Savings, Turkey

Annat bärarformat

Turkey : Selected Issues · ISBN 9781498398077 (Print Version:)

Fler detaljer Referera

Sammanfattning

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.