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Anadolu Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi

2687-184X

Anadolu University

Economics

Ekonomi

BRICS-T ÜLKELERİNDE PARA VE MALİYE POLİTİKALARININ ETKİNLİĞİ

EFFICIENCY OF MONETARY AND FISCAL POLICIES IN BRICS-T COUNTRIES

https://orcid.org/0000-0001-9939-0173

Karagöl

Veysel

ANADOLU ÜNİVERSİTESİ

https://orcid.org/0000-0003-3507-079X

Benli

Ali

ANADOLU ÜNİVERSİTESİ

12 17 2019

20 3 60 71 11 21 2019 12 05 2019

1965

Anadolu Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi

Para vemaliye politikalarının etkinlikleri, ekonomik konjonktürle birlikte sık sıkdeğişmektedir. Yaşanan son büyük kriz, geleneksel para ve maliyepolitikalarının yeterli olmadıklarını ortaya koymuş ve dolayısıyla yenipolitika fikirlerini beraberinde getirmiştir. Bu çalışmada, para ve maliyepolitikalarının etkinliği BRICS-T ülkeleri için araştırılmıştır. Buna göre,para arzı ve devlet nihai tüketim harcamaları konjonktürle aynı yönlü hareketetmektedir. Her iki ekonomi politikası ekonomik performans üzerinde etkinolmakla birlikte, maliye politikası para politikasından nispi olarak daha üstüngözükmektedir. Çalışmadan elde edilen diğer bir önemli bulgu ise Türkiye'ninBRICS ülkeleri ile en azından politika etkinliği konusunda aynı özellikleritaşıyor olmasıdır.

The efficiency of monetary andfiscal policies changes frequently with the economic fluctuations. The last greatcrisis revealed that traditional monetary and fiscal policies are notsufficient and thereby it has brought in the new policy ideas. In this study,the efficiency of monetary and fiscal policies has investigated for BRICS-Tcountries. Accordingly, money supply and government final consumptionexpenditure are pro-cyclical. Both economic policies have an impact on economicactivity, but fiscal policy appears to be relatively more effective incomparison with monetary policy. Another significant finding obtained from thisstudy is that Turkey shows the same characteristics with BRICS countries, atleast in terms of policy efficiency.

Para Politikası Maliye Politikası BRICS-T

Monetary Policy Fiscal Policy BRICS-T

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