TÜRKİYE'DEKİ CARİ AÇIĞIN SÜRDÜRÜLEBİLİRLİĞİ : BORÇ KRİZİNDEKİ YUNANİSTAN İLE BİR KARŞILAŞTIRMA

Yıl: 2012 Cilt: 23 Sayı: 84 Sayfa Aralığı: 1 - 38 Metin Dili: Türkçe İndeks Tarihi: 29-07-2022

TÜRKİYE'DEKİ CARİ AÇIĞIN SÜRDÜRÜLEBİLİRLİĞİ : BORÇ KRİZİNDEKİ YUNANİSTAN İLE BİR KARŞILAŞTIRMA

Öz:
Current account deficit, which is one of the indicators of economic performance of a country, means that an economy transfers net income abroad. Generally, the long term and persistent current account deficits are not wanted since it is generally accepted that such kind of deficits and their financing methods increase the vulnerability of the economy to external shocks, and even, can cause crisis. In fact, in the economic literature, there are many empirical studies which have confirmed that long-term current account deficits can cause serious problems in the economy and increase the risk of a country, and make it more vulnerable in emerging and developing economies Recently, Turkey with the current deficit / GDP ratio, that increases gradually, has become one of the countries having high current account deficits. This case caused that the level of its current deficit and its sustainability has made one of the most widely debated issues in recent years in Turkey. In this paper, firstly, the sources of the current account deficits of Turkey will be explained. Then, the current case of Turkish economy is compared with the example of Greece in which sovereign debt crisis exploded in the last quarter of 2009. Finally, the sustainability of the current account deficits of Turkey is assessed. The paper shows that the current account deficits of Turkey's economy is getting away to be sustainability. Also, it finds that today, the trend of many economic indicators of Greece before crisis is similar to that of Turkish economy.
Anahtar Kelime:

Konular: İşletme İktisat

Current Account Deficit Sustainability in Turkey: A Comparison with Greece in Debt Crisis

Öz:
Current account deficit, which is one of the indicators of economic performance of a country, means that an economy transfers net income abroad. Generally, the long term and persistent current account deficits are not wanted since it is generally accepted that such kind of deficits and their financing methods increase the vulnerability of the economy to external shocks, and even, can cause crisis. In fact, in the economic literature, there are many empirical studies which have confirmed that long-term current account deficits can cause serious problems in the economy and increase the risk of a country, and make it more vulnerable in emerging and developing economies Recently, Turkey with the current deficit / GDP ratio, that increases gradually, has become one of the countries having high current account deficits. This case caused that the level of its current deficit and its sustainability has made one of the most widely debated issues in recent years in Turkey. In this paper, firstly, the sources of the current account deficits of Turkey will be explained. Then, the current case of Turkish economy is compared with the example of Greece in which sovereign debt crisis exploded in the last quarter of 2009. Finally, the sustainability of the current account deficits of Turkey is assessed. The paper shows that the current account deficits of Turkey's economy is getting away to be sustainability. Also, it finds that today, the trend of many economic indicators of Greece before crisis is similar to that of Turkish economy
Anahtar Kelime:

Konular: İşletme İktisat
Belge Türü: Makale Makale Türü: Araştırma Makalesi Erişim Türü: Erişime Açık
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APA AKÇAY B (2012). TÜRKİYE'DEKİ CARİ AÇIĞIN SÜRDÜRÜLEBİLİRLİĞİ : BORÇ KRİZİNDEKİ YUNANİSTAN İLE BİR KARŞILAŞTIRMA. , 1 - 38.
Chicago AKÇAY Belgin TÜRKİYE'DEKİ CARİ AÇIĞIN SÜRDÜRÜLEBİLİRLİĞİ : BORÇ KRİZİNDEKİ YUNANİSTAN İLE BİR KARŞILAŞTIRMA. (2012): 1 - 38.
MLA AKÇAY Belgin TÜRKİYE'DEKİ CARİ AÇIĞIN SÜRDÜRÜLEBİLİRLİĞİ : BORÇ KRİZİNDEKİ YUNANİSTAN İLE BİR KARŞILAŞTIRMA. , 2012, ss.1 - 38.
AMA AKÇAY B TÜRKİYE'DEKİ CARİ AÇIĞIN SÜRDÜRÜLEBİLİRLİĞİ : BORÇ KRİZİNDEKİ YUNANİSTAN İLE BİR KARŞILAŞTIRMA. . 2012; 1 - 38.
Vancouver AKÇAY B TÜRKİYE'DEKİ CARİ AÇIĞIN SÜRDÜRÜLEBİLİRLİĞİ : BORÇ KRİZİNDEKİ YUNANİSTAN İLE BİR KARŞILAŞTIRMA. . 2012; 1 - 38.
IEEE AKÇAY B "TÜRKİYE'DEKİ CARİ AÇIĞIN SÜRDÜRÜLEBİLİRLİĞİ : BORÇ KRİZİNDEKİ YUNANİSTAN İLE BİR KARŞILAŞTIRMA." , ss.1 - 38, 2012.
ISNAD AKÇAY, Belgin. "TÜRKİYE'DEKİ CARİ AÇIĞIN SÜRDÜRÜLEBİLİRLİĞİ : BORÇ KRİZİNDEKİ YUNANİSTAN İLE BİR KARŞILAŞTIRMA". (2012), 1-38.
APA AKÇAY B (2012). TÜRKİYE'DEKİ CARİ AÇIĞIN SÜRDÜRÜLEBİLİRLİĞİ : BORÇ KRİZİNDEKİ YUNANİSTAN İLE BİR KARŞILAŞTIRMA. Ekonomik Yaklaşım, 23(84), 1 - 38.
Chicago AKÇAY Belgin TÜRKİYE'DEKİ CARİ AÇIĞIN SÜRDÜRÜLEBİLİRLİĞİ : BORÇ KRİZİNDEKİ YUNANİSTAN İLE BİR KARŞILAŞTIRMA. Ekonomik Yaklaşım 23, no.84 (2012): 1 - 38.
MLA AKÇAY Belgin TÜRKİYE'DEKİ CARİ AÇIĞIN SÜRDÜRÜLEBİLİRLİĞİ : BORÇ KRİZİNDEKİ YUNANİSTAN İLE BİR KARŞILAŞTIRMA. Ekonomik Yaklaşım, vol.23, no.84, 2012, ss.1 - 38.
AMA AKÇAY B TÜRKİYE'DEKİ CARİ AÇIĞIN SÜRDÜRÜLEBİLİRLİĞİ : BORÇ KRİZİNDEKİ YUNANİSTAN İLE BİR KARŞILAŞTIRMA. Ekonomik Yaklaşım. 2012; 23(84): 1 - 38.
Vancouver AKÇAY B TÜRKİYE'DEKİ CARİ AÇIĞIN SÜRDÜRÜLEBİLİRLİĞİ : BORÇ KRİZİNDEKİ YUNANİSTAN İLE BİR KARŞILAŞTIRMA. Ekonomik Yaklaşım. 2012; 23(84): 1 - 38.
IEEE AKÇAY B "TÜRKİYE'DEKİ CARİ AÇIĞIN SÜRDÜRÜLEBİLİRLİĞİ : BORÇ KRİZİNDEKİ YUNANİSTAN İLE BİR KARŞILAŞTIRMA." Ekonomik Yaklaşım, 23, ss.1 - 38, 2012.
ISNAD AKÇAY, Belgin. "TÜRKİYE'DEKİ CARİ AÇIĞIN SÜRDÜRÜLEBİLİRLİĞİ : BORÇ KRİZİNDEKİ YUNANİSTAN İLE BİR KARŞILAŞTIRMA". Ekonomik Yaklaşım 23/84 (2012), 1-38.