Revealing Turkeyâ€™s Public Debt Burden: A Transparent Payments Approach
AbstractWe postulate a new method of identifying debt which we call Debt Burden (DB). We claim that DB reveals the true debt obligations of the fiscal authority. It is more accurate and transparent. Hence, DB would serve fiscal authority much better in policy making. It is powerful in a sense that it is calculated on a daily basis and can serve as a good policy measure since it includes projections into the future.
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Bibliographic InfoPaper provided by EconWPA in its series Public Economics with number 0409004.
Length: 18 pages
Date of creation: 05 Sep 2004
Date of revision:
Note: Type of Document - pdf; pages: 18
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Debt burden; public debt; Turkey;
Find related papers by JEL classification:
- H63 - Public Economics - - National Budget, Deficit, and Debt - - - Debt; Debt Management; Sovereign Debt
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- Erdal Karagol, 2002. "The Causality Analysis of External Debt Service and GNP : The Case of Turkey," Central Bank Review, Research and Monetary Policy Department, Central Bank of the Republic of Turkey, vol. 2(1), pages 39-64.
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