TY  - JOUR
TT  - MEASURING MACROECONOMIC VULNERABILITY: A COMPARATIVE ANALYSIS OF THE EMERGING MARKETS AND TURKEY
AU  - Bayraktar, Yüksel
AU  - Elüstü, Serap
PY  - 2016
DA  - August
JF  - Hak İş Uluslararası Emek ve Toplum Dergisi
PB  - Hak-İş (Hak İşçi Sendikaları Konfederasyonu)
WT  - DergiPark
SN  - 2147-3668
SP  - 8
EP  - 29
VL  - 5
IS  - 12
KW  - Makroekonomik Kırılganlık
KW  - Yükselen Piyasalar
KW  - Türkiye
N2  - Economic vulnerability is an important problem that makes economies, especially emerging markets, defenseless against to shocks and damages the mechanism of the system. Vulnerabil-ity increase risks and uncertainty, therefore generate instability. This study aims to make com-parative analysis of macroeconomic vulnerability in the selected emerging markets and Turkey. The analysis will rely upon the six main indicators used by FED in order to measure vulnerability in emerging markets. The findings of the analysis that is reached by using the data of interna-tional organizations are as follows: i) The most important indicators which cause vulnerability in emerging markets are current deficit and inflation. ii) Egypt, Pakistan, Turkey, Nigeria, Brazil, Colombia and South Africa are vulnerable according to three or more indicators. iii) Turkey is vulnerable considering the current deficit, high inflation and external debt rate, insufficiency of the forex reserves.
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UR  - http://dergipark.org.tr/tr/pub/hakisderg/issue//281592
L1  - http://dergipark.org.tr/tr/download/article-file/263269
ER  -