Budget Policies and Economic Stability in Turkey : A Periodic Evaluation
Abstract
Economic stability is important for the
efficiency of an economy. Budget policy is an essential component of
government’s regulation, especially for dealing with the public budget deficit.
Hence, the primary mechanisms of budget policy are the handling of revenue and
expenditure of the country by manipulating its revenues. The aim of this study
was to examine the development of budget policies and the economic stability
for Turkey in the 2000-2015 period. According to findings of the study, budget policies
act to ensure economic stability in Turkey at an important degee.
Keywords
References
- Abdel Aziz , F. H. (1980). Encyclopedia of Economic Statistical Terms. Dar al-Nahda alArabiya.
- Al-Mhar, K. A. (1981). Economic Volatility Among Budget Policy. Riyadh: Riyadh University.
- Brkic, L. (1997). Theory of Economic Growth and Stability: The Case of Croatia. University of Zagreb.
- Central Bank of the Republic of Turkey. (2018). Budget Policies Data. Ankara: Central Bank. Retrieved 7 2, 2018, from Tradingeconomics.com
- Christopher, S. A. (2016). Budget policy, Policy and Central Bank. Princeton University, Department of Economics.
- Clements, Benedict, Christopher, F., & Margen, V. (2007). Correcting Spending, Financing Development. IMF.Cohen, & Benjamin. (2009). The Future of Reserve Currencies, Financing Development. IMF.
- Debelle, G. (1999). Inflation Targeting and Output Stabilization. Research Discussion Paper.
- Erinc, Y. A. (2007). Turkey: The Bounce After the Crisis. G-24 Policy Brief No. 13.
- Fischer, S. (2015). Central Bank Independence. Remarks by Stanley Fischer Chairman Board of Governors of the Federal Reserve System, Herbert Stein Memorial Lecture National Economists Club, Washington, D.C.
- Gormez, Y., & Yigit, S. (2009). The Economic and Financial Stability in Turkey. Central Bank of Turkey.Grauwe , P., & Gunther, S. (2008). Exchange Rate Stability, Inflation, and Growth in (South) Eastern and Central Europe. Review of Development Economics.